Connecting to LinkedIn...

W1siziisijiwmtuvmdqvmtuvmdgvntqvmzgvnzi1l01ptlrbu0hfqkxpr19vtljftkrfukvex0lnqudfx3jlc2l6zwrfyw5kx3jlbmrlcmvklmpwzyjdlfsiccisinrodw1iiiwimtkymhgxmjuwiyjdxq

Blog

Velocity acquires Titan Technology Partners in cloud ERP play

2/04/2014 by

W1siziisijiwmtqvmtavmjgvmtuvndyvmtgvmtc1l2zpbguixsxbinailcj0ahvtyiisijywmhg0mdbcdtawm2uixv0


Application hosting firm Velocity on Wednesday entered into an agreement to acquire Titan Technology Partners, which offers a range of SaaS-delivered human capital management (HCM), enterprise performance management (EPM) and enterprise resource management (ERP) platforms.

The terms of the deal were not disclosed.

Velocity, which also offers hosted ERP in addition to other software, said the acquisition will expand its portfolio to include support for platforms provided by SAP and Oracle, both heavyweights in the HR department.

Titan, which was founded in 1998, is based in North Carolina, US but has clients in North America, Asia and Europe; the move is expected to bolster Velocity’s presence in a number of high-growth markets for cloud. The acquisition will also see Velocity extend its cloud platform to Titan customers.

“Cloud is evolving beyond infrastructure hosting and towards a full spectrum of business management solutions,” said Tom Bruno, chief executive officer of Velocity.

“Titan’s wealth of business process and application expertise is a great complement to Velocity’s hosting capabilities, advanced cloud management tools, and ground-breaking application usage analytics,” Bruno said.

“We are raising the bar on important topics such as business productivity and performance, resilience, security, and operational transparency for enterprise applications hosted in the cloud. We welcome Titan’s customers and employees and look forward to providing the combined breadth and depth of services to our collective customers and the marketplace.”

This article has been extracted from http://www.businesscloudnews.com, please click on this link to read the article in full http://www.businesscloudnews.com/2014/04/02/velocity-acquires-titan-technology-partners-in-cloud-erp-play/

Montash is a multi-award winning, global IT recruitment firm. Specialising in permanent and contract positions across mid-senior appointments which cover a wide range of industry sectors and IT functions, including:

ERP, BI & Data, Information Security, IT Architecture & Strategy, Scientific Technologies, Demand IT and Business Engagement, Digital and E-commerce, Infrastructure and Service Delivery, Project and Programme Delivery.

With offices based in London, Montash has completed assignments in over 30 countries and has appointed technical professionals from board level to senior and mid-management in permanent and contract roles.

For more information please visit www.montash.com

comments powered by Disqus

Social Stream

Latest News

W1siziisijiwmtyvmtivmduvmtqvmdavmjivmzm1l0jpzybeyxrhlmpwzyjdlfsiccisinrodw1iiiwimzgwedewmcmixv0

Big data analytics – governed data discovery ...

2016-12-05 13:00:00 +0000

Big data analytics has matured as a business process during 2016 with most enterprises now recognising the critical importance of actively mining big data for insights. These insights will inform decision-making and ensure they remain competitive in an increasingly complex landscape that is constantly in flux. One prediction that will certainly come to fruition in the coming years is “more data”. The world’s storage systems are set to hold more than 17....

W1siziisijiwmtyvmtivmdivmtavmdcvntcvotkwl2j1c2luzxnzigludgvsbglnzw5jzs5qcgcixsxbinailcj0ahvtyiisijm4mhgxmdajil1d

Annual growth rate for BI market set at 8.4%

2016-12-02 10:00:00 +0000

A new report has suggested that the compound average growth rate (CAGR) for the business intelligence (BI) market between 2016 and 2021 is likely to be around 8.4 per cent. The latest publication, named Global Business Intelligence Market by Mobile BI, Cloud BI, and Other Applications: Global Industry Perspective, Comprehensive Analysis and Forecast, 2015-2021, said that 2015 saw the global BI sector valued at $16.33 billion. By 2021, this is expected t...