PRESS RELEASE
Advanced Computer Software Group Announces New Group Structure to Enhance Cross-selling and Support Growth Strategy
24th June 2010 - Advanced Computer Software plc (Advanced), a leading provider of software and IT services to the health, care and commercial sectors, today announces its new group structure to improve efficiencies and maximise cross-selling, supporting its growth strategy.
Advanced now comprises three distinct divisions: Health & Care; Business Solutions; and Managed Services.
Vin Murria, Chief Executive of Advanced says, “The new group structure provides a robust framework that optimises resources, facilitates cross-selling of IT software and services, and opens up new market opportunities. Our customers can benefit from easier access to a comprehensive portfolio of solutions and services, a larger pool of specialist resources and a clearer organisational structure for improved relationship management.”
Murria continues, “With 88% of NHS Trusts taking one or more of our products, we are poised to become the leading IT provider to the health and care markets. We are also continuing to increase our footprint in the commercial markets, consolidating our position as a major player in the UK IT industry.”
The Health & Care division comprises the Adastra, Cerrus, Healthy Software and StaffPlan businesses, with the rebrand to Advanced Health & Care taking place over the next few months.
Financial management and information systems provider COA Solutions becomes the basis of the Business Solutions division with the full transition to the new brand, COA Solutions, expected by September 2010. Document management and imaging business, Version One, is included within the Business Solutions division but will retain its distinct identity.
Finally, the Managed Services division, consisting predominantly of Business Systems Group (BSG), will become Advanced Managed Services, with the transition to the new brand taking place later this year.
The main focus of Advanced will remain on the health and care markets although commercial customers within the COA Solutions and Advanced Managed Services divisions, which together represent 35% of total revenues, will continue to be key to the group’s growth strategy.
Murria says, “We have a comprehensive range of IT software and services specifically aimed at commercial businesses and a long, successful history of delivering sector-specific solutions in response to our customers’ evolving needs. The commercial sector will continue to underpin growth, delivering a valuable revenue stream and providing cross-selling opportunities.”
Advanced Computer Software plc has over 7,000 customers and more than 800 employees delivering leading IT solutions and services to a cross-section of health, care, education, emergency services, local government, central government and commercial organisations.