Systems Limited

Systems Limited was established in 1977 as Pakistan's first software development firm.{{cite news |date=20 November 2020 |title=Pakistan's Tech Giant Systems Ltd. Makes it to Forbes Asia's 200 Best Under A Billion |url=https://www.brecorder.com/news/40034102 |access-date=31 January 2021 |work=brecorder.com |publisher=Business Recorder |language=en}}{{Cite web|last=Dawn.com|date=2020-12-04|title=2 Pakistani firms make it to Forbes' coveted 'under $1bn' list|url=https://www.dawn.com/news/1593970|access-date=2021-01-31|website=DAWN.COM|language=en}}{{Cite web|title=2 Pakistani companies in Forbes' coveted 'under $1 billion' list|url=https://gulfnews.com/world/asia/pakistan/2-pakistani-companies-in-forbes-coveted-under-1-billion-list-1.75688998|access-date=2021-01-31|website=gulfnews.com|date=5 December 2020 |language=en}}

The company began its operations in the United States in 1997 and then in the United Arab Emirates in 2013. In the same year, Asif Peer was appointed as the CEO of Systems.{{cite news |title=Asif peer appointed as MD of systems Ltd |url=https://propakistani.pk/2013/01/09/asif-peer-appointed-as-md-of-systems-limited/ |access-date=14 September 2021 |work=Pro Pakistani |date=January 9, 2013}}

The company went public with an initial public offering (IPO) on December 4, 2014 and is listed on the Pakistan Stock Exchange.{{cite news |last1=Khan |first1=Mutaher |title=Systems Ltd: leading the tech wave |url=https://www.dawn.com/news/1603383/systems-ltd-leading-the-tech-wave |access-date=14 September 2021 |work=DAWN.COM |date=25 January 2021 |language=en}} 13 million shares were initially listed on the Karachi, Islamabad, and Lahore exchanges.{{cite news |title=Systems Ltd offer initial public offering |url=https://propakistani.pk/2014/12/03/systems-limited-launches-initial-public-offering/ |access-date=14 September 2021 |date=December 3, 2014}}{{cite news |title=These were top stocks at PSX 2020 |url=https://propakistani.pk/2020/12/28/these-were-the-top-stocks-of-2020-at-psx/ |access-date=14 September 2021 |date=December 28, 2020}}

In September 2021, the share price of Systems Ltd reached PKR 740.93 and the company's market capitalization rose to PKR 102 billion, making Systems Ltd the first Pakistani technology company to achieve a market valuation of PKR 100 billion.{{cite news |title=Systems Limited Becomes The First Pakistani IT Company To Cross Rs. 100 Billion Market Value {{!}} The Pakistan Post |url=https://thepakistanpost.net/systems-limited-becomes-the-first-pakistani-it-company-to-cross-rs-100-billion-market-value/ |access-date=14 September 2021 |work=ThePakistanPost.net |date=September 3, 2021}}

In August 2022, Systems Limited created a new subsidiary in Johannesburg, South Africa, becoming the first Pakistani technology company in Africa.{{cite web|url=https://lahoreherald.com/latest/51956-systems-limited-expands-into-south-africa/ | title=Systems Limited expands into South Africa | date=14 Aug 2022 | website= Lahore Herald |language=en-US }}

In April 2025, Systems Limited reported a 28% year-on-year revenue growth, driven by continued expansion in the Gulf region and rising demand for enterprise digital services. The company also announced its strategic entry into the Central Asian market, targeting fintech and digital transformation projects.{{cite web |title=Systems Limited announces Q1 results, expands into Central Asia |url=https://www.brecorder.com/news/40339586/systems-limited |website=Business Recorder |date=30 April 2025 |access-date=5 May 2025}}

Systems specializes in IT services, with ~76% of pre-tax revenue in 2023 directly attributable to IT services.{{Cite web |title=Systems Limited Annual Report 2023 |url=https://www.systemsltd.com/sites/default/files/2025-04/Annual%20Report-%202024%20-%20Systems%20Limited..pdf}}

Systems Limited divides its IT services into six main sectors:

Digital services include:

• Digital Consulting & Strategy
• Digital Commerce
• Business Applications

• Data Modernization
• Advanced Analytics
• Connected Intelligence
• Data Management
• Generative AI

• Cloud Operations & Migration
• Cloud Application Development & Integration
• Managed Services

System's digital infrastructure services revolve around tailored design, implementation, and configuration of the digital architecture for corporations, including equipment and software licenses.{{Cite web |title=Digital Infrastructure Services {{!}} Systems Limited |url=https://www.systemsltd.com/services/digital-infrastructure-services |access-date=2025-05-27 |website=www.systemsltd.com}}

System's cyber-security services include cloud security, privileged access, application security, mobile device management, endpoint & server security, data loss prevention, database monitoring, and email and web security.{{Cite web |title=InfoSec threat detection and mitigation {{!}} Systems Limited |url=https://www.systemsltd.com/expertise/security |access-date=2025-05-27 |website=www.systemsltd.com}}

Systems acts as a Metaverse provider, allowing for virtual spaces.{{Cite web |title=Emerging technologies {{!}} Systems Limited |url=https://www.systemsltd.com/services/emerging-technologies |access-date=2025-05-27 |website=www.systemsltd.com}}

Business process services, or business process outsourcing (BPO), serves as Systems' fourth-largest departmental contributor to operations, accounting for ~5% of pre-tax revenue in 2023. Systems' BPO services deal in contact center management, digital marketing, finance and accounting functions, staff augmentation, and legal process outsourcing.

In 2019, Systems was recognised by the Pakistan Software Export Board's IT Export Awards, receiving the Platinum Awards in Top IT Export 2019 and Top IT Consultancy Services Exporter.{{cite news |title=Systems Ltd bags two at PSEB IT exports awards 2019 |url=https://propakistani.pk/2020/08/24/systems-limited-bags-two-awards-at-pseb-it-export-awards-2019/ |access-date=14 September 2021 |date=August 24, 2020}}

In 2020, the company was one of 200 companies internationally to be included in Forbes Asia's "Best Under a Billion" list.{{Cite web |url=https://www.forbes.com/lists/asia200/&ved=2ahUKEwiMisSDwI37AhU-T2wGHcsZCLQQFnoECCMQAQ&usg=AOvVaw1e_VEIFuW3jd8aakK00H0X |access-date=2022-11-01 |title=Forbes Asia Best Under A Billion 2022|website=Forbes }}{{cite web |title=Asia's 200 Best Under A Billion |url=https://www.forbes.com/asia200/list/#tab:overall |website=Forbes |access-date=14 September 2021 |language=en}}{{cite news |title=PSX marks Searle, Systems, Feroz1888's Forbes moment |url=https://www.thenews.com.pk/print/762259-psx-marks-searle-systems-feroz1888-s-forbes-moment |access-date=14 September 2021 |work=www.thenews.com.pk |language=en}}

In light of its recognition by Forbes, Systems was awarded federal recognition by Pakistan's Federal Minister for Information Technology & Telecommunication, and was also honoured by the Pakistan Stock Exchange in an awards ceremony.{{cite news |title=System Ltd awarded federal recognition for its achievements|url=https://www.technologytimes.pk/2021/01/04/systems-limited-awarded-federal-recognition-for-its-achievements/ |access-date=14 September 2021 |work=Technology Times |date=January 4, 2021}}

• List of largest companies in Pakistan

{{Reflist}}

• [https://www.techvista.com/ Techvista Systems]
• [https://www.systems-arabia.com/ Systems Arabia]
• [https://www.techvistasystems.qa/ Techvista Qatar]

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Category:Companies established in 1977

Category:1977 establishments in Pakistan

Category:Companies listed on the Pakistan Stock Exchange

Category:Companies in the KSE 100 Index

Category:Pakistani companies established in 1977