Auxilion, a leading provider of digitally transformative IT services and solutions, has announced that it is on course to grow its revenues by 25% by the end of 2022, compared to 2021. This will see its revenues surpass €48 million this year.
In the first quarter of 2022, the company has already secured new contracts worth €9 million, some of which are multi-year deals and add to Auxilion’s growing customer portfolio consisting of both public and private organisations. This follows on from a successful end to 2021, whereby the organisation secured €13 million in new contracts in Q4 – taking its total new business to €22 million over the past six months.
This growth is being driven by the increasing demand for IT and project governance to support change management and hybrid working strategies, underpinned by ICT development and digital transformation.
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Auxilion – whose partner ecosystem includes industry leaders such as Microsoft, HPE, Aruba and Dell – is also seeing its growth fuelled by increased demand for hybrid cloud and modern workplace solutions, as well as Business Process Optimisation and resourcing services.
In order to meet these needs and as part of its wider growth plans, Auxilion is currently in the process of expanding its team. Having announced last year that it would be creating 110 new jobs and generating €60 million in revenue by 2024, it has added 48 new employees to the team over the past three months.
These positions include technical personnel and project managers located across the business’ Dublin headquarters and its Belfast office. Increasingly, Auxilion is expanding its presence and delivery of services in the UK, with plans to scale its operations across both the UK and Irish markets this year.
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Speaking about the news, Philip Maguire, CEO at Auxilion, said: “It’s been a fantastic start to the year for Auxilion with a number of sizable, multi-year contracts closing in the first quarter. We had a lot of confidence going into 2022 after a strong last quarter and with a very strong visible pipeline – both new business and customer extensions. To get these opportunities across the line truly is a testament to our talented team.”
Mr. Magujire also added: “Even as we move into a new phase of the pandemic and with global economic pressures to be mindful of, we continue to be optimistic for the remainder of the year and our aim will be the same going forward: to enable digital thinking, built differently. We will do this by continually delivering and diversifying top-quality consultancy and technology services to our client base.”
Source: Written from press release.
