SINGAPORE - Media
OutReach - 9 September 2021 - NCS has reached
agreements to acquire three companies – ClayOPS, Velocity Business Solutions,
and Riley – with capabilities in data analytics and cloud that will support
NCS' regional expansion strategy in Asia Pacific. The move is in line with
Singtel's strategic reset announced in May to turn NCS into a B2B services
champion in Asia and develop new engines of growth.
This trio of acquisitions will help
boost the capabilities of NCS' digital services organisation, NCS NEXT, in its
key markets of Singapore, Greater China and Australia, creating a unique
combination of digital, data analytics, and cloud services that will help government and enterprise clients
become digital at their core. The three companies' established network of clients,
partners, and local expertise, will also advance NCS' reach into new segments
and drive further growth in the digital and cloud services space.
Mr Ng Kuo Pin, CEO of NCS, said, "These
acquisitions are targeted and timely as they will accelerate our expansion into
Asia Pacific, particularly in the high-growth markets of Singapore, Greater
China and Australia. These markets are seeing digital adoption in both the
public and private sectors ratchet up very quickly and we are investing in critical
solutions and digital expertise to build out our suite of integrated services."
Ng added, "NCS is committed to providing greater value
for our clients and the industry through strategic partnerships and building an
innovation ecosystem for technology players of different sizes and niche
capabilities, to augment our service portfolio and give our clients access to
innovation across the region."
ClayOPS, a Singapore-based data analytics and
consulting services firm, specialises in helping organisations improve
performance through data. Established in 2010, it works with large enterprises to
break down data silos across disparate systems and transform them into insights
effectively and efficiently for better informed decisions. ClayOPS' extensive analytics
and technical expertise backed by proven processing methodology will deepen NCS NEXT's digital
capabilities in data analytics solutions. It will also add an immediately
accessible portfolio of large local and multinational clients across
industries, including property, healthcare, and transportation.
Velocity Business Solutions, a Hong
Kong-based data analytics firm established in 2009, provides a full suite of
data analytics consulting and implementation services including design,
development, support, and enablement. With its strong experience and
clientele in the financial services, transportation, and logistics industries, Velocity
Business Solutions will support NCS' Greater China growth strategy to reach
these target industry sectors.
Riley, a leading Australian cloud-based solutions
consultancy, offers a comprehensive portfolio of services in cloud-native
transformation, data supply chain, and cloud operations. Established in 2010,
it focuses on helping mid-market and enterprise clients transform their
business through cloud computing. Riley will accelerate NCS' growth in
Australia through its established relationships with partners, talent expansion,
and access to new go-to-market channels.
Mr Matthew Choo, Co-Founder and Director of ClayOPS, said, "We are excited to
partner with NCS as the vast array of its capabilities and organisational reach
will leapfrog ClayOPS onto its next wave of growth. ClayOPS places great
emphasis on a people-centric approach where we specialise in blending data and
technology into people and business processes to ensure it becomes part of the
organisational DNA. With our partnership, we are eager to bring our experience
and developed capabilities in process methodology to the table and provide
holistic solutions to NCS clients in their data-driven transformation journeys."
Mr Ian Whitehouse, Founder and Managing Director of Velocity Business Solutions, said, "We
have achieved profitable, organic growth and expansion in the last 11 years,
and our partnership with NCS is the natural next step for the business. Velocity
Business Solutions provides significant value on every project, through our
data analytics offerings, commitment to customer success, business agility and
consistent delivery. The partnership will enable us to widen our data analytics
solutions and services, expand our customer base and extend our geographic
footprint into the Greater Bay Area of South China. We are looking forward to
working together with NCS towards becoming the dominant player in data analytics
across Asia Pacific."
Mr Tom Bernadou, Founder and Managing Director of
Riley, said, "The cloud services market was in its infancy when we first
founded the business in 2010. Over the past 11 years, we have witnessed
first-hand how the cloud can transform entire businesses, industries, and
community services. We are excited to join the team at NCS, and along with
their scale and experience throughout the region, continue our mission of
delivering to the market technical innovation, real business, and community
value, while accelerating the digital transformation agendas of private and
public organisations across Australia and the region."
ClayOPS, Velocity Business Solutions, and Riley will
continue to run independently
under NCS with its respective senior leadership continuing in their current
roles within the companies. They will further expand their product and service
offerings, and in close collaboration with NCS NEXT, drive synergies in its
digital offerings to market.
The completion of the acquisitions is subject to
fulfilment of closing conditions.