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Fadel Partners Announces 13% Growth Despite IT Services Industry Downtrend

NEW YORK, Jan. 27 /PRNewswire/ -- Technology and consulting firm, Fadel Partners Inc., a certified partner in the Oracle Partner Network, today announced year over year revenue growth of 13% for 2008, and expects to continue the positive trend in 2009. The company's report stands in contrast to analyst estimates of flat to low single digit growth for the U.S. IT services industry overall, as the economic downturn affects IT services spending across most industries.

"Our success in today's challenging business climate is no surprise to us, we have always been committed to helping clients do more with less," said Tarek E. Fadel, Fadel Partners founder and CEO. "Companies want to see an obvious and quick return on their IT services dollars. We provide that by understanding our customers' requirements and delivering solutions that meet their budgetary needs. We continue to leverage our accelerated ERP implementation methodology and increase our off-site and off-shore services making us more competitive. Our solutions allow organizations to become more efficient and productive, while getting more out of their IT systems."

Fadel also pointed to the firm's Technology and Middleware services, which include the planning, design, testing and deployment of Business Process Management (BPM), Service Oriented Architecture (SOA), Business Intelligence (BI), as well as data integration. "We automate business and IT processes, make information more available for smarter decisions, and help improve service levels through better IT performance," he stated. "All of this positively impacts the bottom line by reducing labor, streamlining the completion of tasks and transactions, and increases business agility enabling rapid response to changes in business circumstances."

The CEO also noted the growing success of the Fadel Partners IPM Suite for intellectual property management. "Many companies that rely on licensing as a source of revenue are still using Excel or even paper tracking methods," explained Fadel. "We address the challenges and enable companies to collect all of the royalties or licensing fees they're due to fully monetize their Intellectual Property. By enabling more effective IP management, we help clients realize millions of dollars in additional revenue every year. In this economy, that's a very attractive proposition."

About Fadel Partners

Fadel Partners is an award-winning technology and management consulting firm. The company focuses on providing end-to-end implementation and support services for the Fadel Partners Intellectual Property Management (IPM) Suite, Oracle Applications, Oracle Fusion Middleware and the Oracle Database Suite. Fadel Partners consultants work closely with client management and IT teams to address strategic business needs by leveraging enterprise technology. They bring extensive experience to every implementation in the areas of business process improvement, systems integration, data access, business intelligence and reporting strategies.

Oracle, JD Edwards, and PeopleSoft are registered trademarks of Oracle Corporation and/or its affiliates.

    For media inquiries, please contact:

    Joe Fadous
    Fadel Partners Inc.

SOURCE Fadel Partners Inc.
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