NG Bailey IT Services business says it has plans to stimulate growth in response to “a strong financial performance” that saw turnover in the year ended February 2022 rise by 8%, and operating profit double.
IT Services delivers integrated IT infrastructure and managed services in the healthcare, defence and infrastructure sectors.
The division said it is aiming for turnover growth of over 42% by 2025 as it unveils a three-year expansion plan spearheaded by its technical expertise. It added that its order book for 2022/23 “looks buoyant” – a “testament to the investments we’ve made in training, technical innovation and service delivery”.
The three-year strategy includes growing turnover to £40 million and supporting clients to build better businesses by transforming their connectivity.
The business delivered projects over the past year for clients including the Oil and Pipeline Association and Leeds Community Healthcare Trust and is now working on multimillion-pound contracts relating to the UK’s telecoms networks switch from analogue to a full-fibre digital upgrade which is due to be completed in 2025.
Kelly Tedesco, managing director of IT Services, said: “The pandemic had an inevitable impact on the business but positively the lasting result has been the increased digitalisation of how organisations and their customers live and work across all sectors. This market shift has and continues to create new opportunities for our division as we emerge as undoubtedly a stronger, more resilient business unit.
“What we offer is about more than simply providing services to buildings and dealing with wires. It is about transforming connectivity, in order to build better businesses and empower people to deliver truly transformational results for not just themselves, but also society locally and globally.”
She believes that IT Services will build on its previous successes in sectors such as entertainment and venues and commercial and data centres, working with clients including the NHS, Coca-Cola, Fujitsu, Tesco, and HSBC.
Tedesco added: “If the 2020s have taught us anything so far, it’s the importance of resilience and digital connectivity through the integration of market-leading data management and analysis. So I’m excited to see the opportunities ahead of us in areas such as 5G, which over the coming years will truly change the way in which people and businesses think about interacting with technology. This advancement will undoubtedly also see further demand for our cybersecurity work, as businesses look to protect their data and assets from ever-evolving threats while embracing the power of automation, and the Internet of Things (IoT).
“We believe the imminent switch of the telephone network from an analogue to a digital system presents a real opportunity for growth, thanks to the unmatched end-to-end capabilities we have by being part of the UK’s leading independent engineering and services business.
She concluded: “Our expert technical teams are working with partners and clients to find innovative and cost-effective solutions that will help to mitigate the potential disruption that this project – the largest social project of its kind for over a decade – could cause, in order to support businesses who are already feeling the effects of inflationary pressures and the ongoing energy crisis.”