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Monday, 13 September 2021 11:53

NCS acquires Riley, ClayOPS and Velocity Business Solutions

NCS CEO Ng Kuo Pin NCS CEO Ng Kuo Pin

Singapore-based service provider NCS has acquired three specialist companies around the APAC region to boost its capabilities and drive growth.

NCS has acquired Australian cloud consultancy Riley along with Singapore based business software provider ClayOPS and Hong Kong based analytics specialist Velocity Business Solutions. The three companies will become part of NCS's Next digital transformation unit.

NCS sees these acquisitions as a way to boost NCS Next's capabilities in key APAC markets, and to extend NCS's reach into new market segments.

"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," NCS CEO Ng Kuo Pin.

"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."

Riley founder and managing director Tom Bernadou 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."

Riley, ClayOPS and Velocity Business Solutions will continue to run independently, with their senior leadership continuing in their current roles within the companies.

Terms of the transactions were not disclosed, and the acquisitions are subject to closing conditions.

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Stephen Withers

Stephen Withers is one of Australia¹s most experienced IT journalists, having begun his career in the days of 8-bit 'microcomputers'. He covers the gamut from gadgets to enterprise systems. In previous lives he has been an academic, a systems programmer, an IT support manager, and an online services manager. Stephen holds an honours degree in Management Sciences and a PhD in Industrial and Business Studies.

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