Transtek
Encyclopedia
Transtek Information Systems is the largest business software firm in Syria
. Transtek's flagship product is Compass ERP
, a dual language (English-Arabic) Enterprise Resource Planning
system. According to the major Arab daily Al-Hayat, Compass ERP
was one of the ways Syria
defied American economic sanctions, which in part did not allow major international technology and ERP vendors to sell their products in Syria. Transtek's ERP package has an estimated 80% marketshare, also due to lack of competition. Another product that filled a gap created by sanctions was Compass AML, the first anti-money laundering system produced in the Arab World.
Transtek's CEO Abdulsalam Haykal
was named a Young Global Leader by the World Economic Forum
in 2009.
Syria
Syria , officially the Syrian Arab Republic , is a country in Western Asia, bordering Lebanon and the Mediterranean Sea to the West, Turkey to the north, Iraq to the east, Jordan to the south, and Israel to the southwest....
. Transtek's flagship product is Compass ERP
Compass ERP
Compass ERP is an Arabic-English, dual language Enterprise Resource Planning system, developed by Transtek Information Systems, Syria. Compass ERP release 1.0 was launched in 2001...
, a dual language (English-Arabic) Enterprise Resource Planning
Enterprise resource planning
Enterprise resource planning systems integrate internal and external management information across an entire organization, embracing finance/accounting, manufacturing, sales and service, customer relationship management, etc. ERP systems automate this activity with an integrated software application...
system. According to the major Arab daily Al-Hayat, Compass ERP
Compass ERP
Compass ERP is an Arabic-English, dual language Enterprise Resource Planning system, developed by Transtek Information Systems, Syria. Compass ERP release 1.0 was launched in 2001...
was one of the ways Syria
Syria
Syria , officially the Syrian Arab Republic , is a country in Western Asia, bordering Lebanon and the Mediterranean Sea to the West, Turkey to the north, Iraq to the east, Jordan to the south, and Israel to the southwest....
defied American economic sanctions, which in part did not allow major international technology and ERP vendors to sell their products in Syria. Transtek's ERP package has an estimated 80% marketshare, also due to lack of competition. Another product that filled a gap created by sanctions was Compass AML, the first anti-money laundering system produced in the Arab World.
Transtek's CEO Abdulsalam Haykal
Abdulsalam haykal
Abdulsalam Haykal is a Syrian technology and media entrepreneur, who lives and works in Damascus, Syria. In 2009, the World Economic Forum named Haykal as a Young Global Leader, the first Syrian to receive this recognition....
was named a Young Global Leader by the World Economic Forum
World Economic Forum
The World Economic Forum is a Swiss non-profit foundation, based in Cologny, Geneva, best known for its annual meeting in Davos, a mountain resort in Graubünden, in the eastern Alps region of Switzerland....
in 2009.