We are excited to announce Core’s acquisition of Velocity IT, a renowned specialist in automation technology.
This acquisition is a significant step in our strategy to drive growth and innovation, aligning with our objective to exceed our £15m revenue target in 2024, and to strengthen our portfolio with broadened AI and automation capabilities.
Velocity IT is known for its expertise in business process automation (BPA) and robotic process automation (RPA), and more recently, artificial intelligence (AI). Velocity IT, led by CEO, Arno van Rooyen, has established a strong reputation through work with prestigious clients across a variety of sectors including healthcare, manufacturing, insurance, and local and regional government. With a dedicated team based in Milton Keynes and remotely across the UK, Velocity IT has demonstrated a commitment to excellence and customer satisfaction.
"Velocity IT is a perfect fit for Core, not just in terms of technology and expertise, but also in culture and values," said Conor Callanan, CEO of Core Technology Systems. "This acquisition is a growth story. It's about bringing together two like-minded companies that share a vision for innovation and excellence. We are excited to welcome Arno and his team to the Core family, and to be able to expand our offering and value provided to our customers."
Velocity IT’s leadership in automation will complement Core's existing services, adding significant value to our portfolio and offering new opportunities for innovation, particularly in AI and application development.
This acquisition also augments our existing capabilities in Dynamics CRM, and brings additional and new skills in Power BI, AI, Power Apps and low/no code technologies, strengthening our position in the market, and expanding our partner ecosystem with partnerships including Nintex, Mendix, UiPath and Netcall.
Arno van Rooyen will remain a key stakeholder in the business, leading the Velocity IT team and ensuring continuity in service excellence. "Joining forces with Core represents an incredible opportunity for growth and expansion," said Arno. "We are thrilled to become part of a company that shares our values as well as our passion for technology and innovation."
This acquisition underscores our commitment to growth and innovation, expanding service offerings, and enhancing capabilities to better serve our customers.
As Core and Velocity IT embark on this exciting new chapter, we look forward to delivering even greater value to our clients, employees, and stakeholders.