NCS has reached agreements to acquire three companies – ClayOPS, Velocity Business Solutions, and Riley – with capabilities in data analytics and cloud that will support the Singapore-based firm’s regional expansion strategy in Asia Pacific.
The move is in line with Singtel’s strategic reset announced last 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 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.
“The high-growth markets of Singapore, Greater China and Australia…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,” said Ng Kuo Pin, CEO of NCS.
ClayOPS’ extensive analytics and technical expertise 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.
Hong Kong-based data analytics firm Velocity Business Solutions will support NCS’ Greater China growth strategy to reach these target industry sectors.
Riley, an Australian cloud-based solutions consultancy, will accelerate NCS’ growth in Australia through its established relationships with partners, talent expansion, and access to new go-to-market channels.
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 are intended to further expand their product and service offerings, and in close collaboration with NCS NEXT, drive synergies in its digital offerings to market.