UXC Expands Performance Management Business
Launch of new business unit extends UXC’s capability to all major platforms - 1 August 2007
Leading Australasian solutions and services company, UXC (ASX:UXC) today announced the expansion of UXC Performance Management with the launch of a new business unit called e.prise.
Wholly owned Business Unit UXC Performance Management, a part of the UXC Business Solutions Group (BSG), was launched in January and its divisions e.fab, e.bi and e.sens provided specialist expertise in three of the four major platforms: Cognos, Business Objects and SAS. The launch today of e.prise extends UXC’s capability to the fourth major performance management and business intelligence platform: Oracle/Hyperion.
The launch of e.prise supports UXC Performance Management’s goal to become the leading independent provider of performance management and business intelligence solutions in Australasia.
According to Stephen Mackley, CEO of UXC Performance Management “The launch of e.prise means UXC customers now have unrivalled choice and expertise across all major performance management and business intelligence platforms.”
UXC Performance Management has grown rapidly since its launch in January from 40 staff to more than 60 today. e.prise has launched with a team of highly qualified, experienced consultants lead by Ilmar Mutli and plans to grow to over 20 people by the end of the year. All together, UXC Performance Management anticipates over 100 people by the end of this financial year (FY08).
“UXC Performance Management has succeeded in meeting the rapidly growing market demand for performance management and business intelligence solutions. UXC Performance Management’s strength is in the breadth of solutions and the depth of expertise provided by our consulting teams,” said Mackley.
The expansion of UXC Performance Management supports BSG’s business strategy to consolidate existing businesses and acquisitions to build market leading positions in areas of existing expertise.
“Our mission is to create the premier independent business solutions organisation in Australasia,” said Cris Nicolli, CEO, Business Solutions Group. “The launch of e.prise extends our capability in business intelligence and performance management solutions to cover all major platforms. This means, UXC provides CEOs and senior management with a partner that can provide comprehensive, independent solutions and support in this high-demand area.”
The expansion follows a record year for UXC that has seen the company win a string of high value federal government contracts in the business solutions group and upwardly revise its forecast revenue to low-mid $400 million (up from $350 to $380 million).
“UXC has demonstrated the success of its strategy through strong financial growth, attraction and retention of high-quality consultants and an outstanding track record in the delivery of high-quality services to Australian and NZ businesses,” said Nicolli.
UXC will release its full year (FY07) financial results on 23 August 2007.