NCS Made Triple Acquisitions for Better Cloud Services
NCS has completed the acquisition deals for three companies – ClayOPS, Velocity Business Solutions, and Riley – with capabilities in data analytics and cloud that will support NCS’ regional expansion strategy in the 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.
Ng Kuo Pin, CEO of NCS, said, “These acquisitions are targeted and timely as they will accelerate our expansion into the 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.”
Matthew Choo, Co-Founder and Director of ClayOPS, said, “We are excited to partner with NCS as the vast array of its capabilities and organizational reach will leapfrog ClayOPS onto its next wave of growth. ClayOPS places great emphasis on a people-centric approach where we specialize in blending data and technology into people and business processes to ensure it becomes part of the organizational 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.”
This trio of acquisitions will help boost the capabilities of NCS’ digital services organization, 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.