Government ICT market participants make it their business to know who their competitors are, but every once in a while, a company seems to avoid drawing notice. Australian-owned IT services provider UXC seems to fall into this category.
The Deloitte Technology Fast 50 recognises Australia’s most dynamic and fastest growing technology companies. UXC has been on this list since 2004.
UXC reported a half-year profit of $6.8 million for the year ending December 2005 and stated it is on track to record revenue of $280 million for the full year. Staff numbers now sit at more than 1,600 – not including contractors.
UXC’s Chairman, Geoff Lord was recently reported as saying that the company’s increase in earnings has been driven by strong growth within its IT Business Solutions Group (BSG). The largest of UXC’s operating divisions, BSG is bigger than most Australian IT companies. Its earnings account for more than 70 per cent of UXC’s total revenue, and revenue growth is up 27 per cent to $95 million for the first half of this financial year.
BCG’s businesses, with almost 1000 staff, comprises a number of well known ICT brands including Red Rock (Oracle and Peoplesoft implementation and systems integration services), XSI (storage solutions), Integ Communications (voice and data networking), Planpower (project management consulting and training), GQ-AAS (communications advisory), Eclipse (Microsoft services); Oxygen (SAP services), QSP (financial management and business intelligence), Dytech (applications development) and Opticon (ICT strategic consulting.
UXC focuses on strategic acquisitions to complement organic growth. Last financial year, it acquired eight companies to extend its services portfolio even further.
Anne-Maree Lowe took on the role national business development manager for UXC in August 2005. She brings 25 years' experience in ICT to the role, the last 15 years of which have been based in Canberra, concentrating on the federal government market.
UXC has made a number of significant government and utility wins recently including Sydney Water’s Corporation Residential Water Efficiency Retrofit Program ($22 million), the UAM Asset Inspection contract ($7.5 million) and the Department of Finance and Administration’s Parliamentary Entitlements System ($6 million).