Navisite has acquired Velocity Technology Solutions, Inc., a global cloud managed service provider. According to Navisite, the acquisition enhances its position as a leader of managed cloud and enterprise resource planning (ERP) services for mid-market and enterprise customers, including a base of both fast-growing and established global brands. Velocity will add to Navisite’s service portfolio through the addition of deep enterprise application expertise and a robust cloud platform that simplifies the migration and management of customer environments across public, private, and hybrid clouds.
“Organizations need a technology partner that not only offers modern cloud services and expertise to support their digital transformation goals, but also is capable of delivering rightsized solutions,” said Mark Clayman, CEO of Navisite. “Every step we’ve taken as a company, including this acquisition, has been focused on being that trusted partner and building a customer-centric portfolio of solutions.”
Founded in 2003 and headquartered in Charlotte, North Carolina, with operations in North America, South America, Europe and Asia, Velocity provides secure, fully managed cloud environments through a portfolio of application-focused cloud managed services and professional services with data analytics.
Velocity’s expertise in managing ERP applications and leveraging its Velocity Cloud Application Management Platform (VCAMP) enables its customers to optimize application performance on-premise and in the cloud with the required availability, security, visibility and control at a reduced total cost of ownership. Its cloud managed services products include cloud managed infrastructure, databases, disaster recovery, data lakes and managed container support. Velocity is an AWS Premier Partner, certified as both a migration and MSP supporting Microsoft, SAP, and Oracle applications, as well as an Oracle Platinum Partner and certified MSP.
The Velocity acquisition will also augment Navisite’s managed services for Oracle and SAP applications, and support industry-specific ERPs, including Oracle E-Business Suite (EBS), JD Edwards, PeopleSoft, Infor and Epic, as well as business intelligence solutions such as Hyperion, OneStream and Qlik.
Navisite also recently announced the acquisition of Dickinson + Associates, an SAP Gold Partner. Velocity’s strengths in SAP will further enhance Navisite’s SAP solutions, enabling Navisite to deliver technical and functional consulting, implementation and support services to help customers adopt SAP cloud technologies and migrate to SAP S/4HANA, which is SAP’s ERP for large enterprises. Through its combination with Velocity, Navisite will further strengthen its capabilities across manufacturing, healthcare and other industries, supporting customers as they look to migrate, modernize and manage legacy deployments in private, hybrid and public cloud environments, including AWS, Google Cloud and Azure.
“We look forward to what we can accomplish together with Navisite,” said Steve Kloeblen, CEO of Velocity Technology Solutions. “With Navisite’s resources, global capabilities and complementary expertise, Velocity is positioned to become an even stronger partner for our customers growing and competing in the digital economy. Most importantly, our customers can expect greater breadth and depth of services to help them eliminate IT complexity, lower costs associated with monolithic software deployments and migrate and transform their businesses in the cloud.”
For more information, go to www.velocitycloud.com and www.navisite.com. ?