MARKET MOVEMENT
IFS acquires Axios Systems
Business software vendor IFS , has announced it has signed a definitive agreement to purchase Axios Systems PLC , a global provider of cloud-based Enterprise Service Management ( ESM ) software . Recognised as a leader in IT service management ( ITSM ) and IT operations management ( ITOM ), Axios Systems has
built a reputation for the quality of its omnichannel service management solution .
Over the years , IFS has significantly invested in its Service Management business , which grew over 100 % year on year in 2020 . The acquisition of Axios Systems adds further depth to IFS ’ capabilities with new ITSM and ITOM functionality that will help companies improve the design and automation of workflows , drive efficiency internally , and connect data across teams and systems to ultimately create opportunities to better serve its customers . The combination of IFS and Axios Systems is instrumental in extending IFS ’ ambition to cement itself as the market leader in the service space .
Darren Roos , CEO , IFS , said : “ The acquisition is very significant for IFS as we are extending our service management proposition to help businesses address inefficiencies that can impact their ability to deliver delightful ‘ moments of service ’. Beyond process and workflow design and simplification , Axios and IFS together create visibility across internal and external siloes .
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Liquid Telecom rebrands and unveils new identity
Liquid Intelligent Technologies , a pan-
African technology group , has announced a group-wide rebrand , the culmination of its extensive business transformation from being a telecommunications and digital services provider to a full one-stop-shop technology group .
Over the last two decades , Liquid has firmly established itself as the leading pan- African digital infrastructure provider with an extensive network spanning over 73,000 kilometres . The rebrand from Liquid Telecom to Liquid Intelligent Technologies highlights the organisation ’ s expansion of its cloud business , cybersecurity services and other technologies added to its existing telecoms and connectivity capability .
The move furthers the group ’ s aim of accelerating growth by providing tailor-made digital solutions to businesses in the public and private sectors across the continent . Nic Rudnick , Group Chief Executive
Officer , Liquid Intelligent Technologies , said :
“ Our on-going investment in our networks and data centres across Africa have uniquely positioned us to utilise our infrastructure to accelerate the availability of new intelligent technologies including the high computing power of the cloud , Artificial Intelligence and cybersecurity to our customers . We are now excited to be executing our vision of bringing new technological opportunities to the market with a highly differentiated product set supported by our existing infrastructure and digital innovation .” •
INTELLIGENT TECH CHANNELS
INTELLIGENT TECH CHANNELS Issue 38
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