Advertise Here
Icon

Directory

IconActuaries
IconAssociations & Institutes
IconAuditors
IconBBBEE Consulting and Verification Agencies
IconBenefit Administrators & Investment Managers
IconBusiness Chambers
IconBusiness Process Management
IconBusiness Process Outsourcing
IconCompliance
IconConsumer Protection
IconCorporate Governance
IconCredit Bureaus
IconDebit Order Collection Facilities
IconEducation and Training
IconFAIS
IconHuman Resources
IconInformation Technology and Software Partners
IconLegal
IconOmbud
IconPension Fund Trustee Liability Insurance
IconPension Fund Trustee Training
IconPension Funds Adjudicator
IconPolicy Administration
IconPolicy Trading
IconPublications
IconRegulatory Authorities
IconRetirement Funds registered by the FSB
IconRetirement Products
IconSocial Grants (Government)
IconSurveys and Research
IconTraining Courses & Workshops
IconTrust Establishment & Management
IconWellness Programs
Image
  Subscribe To »

Ovations acquires CrossStream Systems as part of integrated growth strategy

Published

2009

Wed

09

Sep

Company Listing: Ovations »
 

Johannesburg-based business transformation consultancy Ovations has embarked on a strategic growth initiative by fully acquiring enterprise middleware solutions provider CrossStream Systems for an undisclosed sum.

 

Describing the investment as part of Ovations’ planned growth by acquisition strategy, Ovations’ managing director, Thys Bruwer, believes CrossStream will ideally complement Ovations’ existing range of services and broaden its repertoire of skills.

 

Ovations, which employs more than 80 consultants, has collaborated with CrossStream on a number of projects over the past three years and Bruwer expects there to be strong synergies and an excellent cultural fit between the two companies. CrossStream specialises in the architecture, design, implementation and support of solutions built on leading edge integration technologies.

 

“CrossStream’s IBM Websphere  expertise complements our IBM Filenet expertise and there are other excellent fits that make it sensible for CrossStream to become part of our consulting division to provide a broader offering to our clients ,” says Bruwer, adding that CrossStream’s solutions focus on streamlining and managing business processes and allowing easy access to information throughout the enterprise. CrossStream has delivered solutions for a number of prominent public and private sector enterprises in the governmental, law enforcement, financial, telecommunications, mining and insurance sectors.

 

The directors of CrossStream commented: “We have been seeking a partner to assist in accelerating the growth of CrossStream Systems by providing foundation services, BEE and sales capability. We are pleased to have found such a partner in Ovations and are looking forward to taking our extended value proposition to market as part of the Ovations family”.

 

“Our acquisition of CrossStream opens up substantial opportunities for us to expand our consulting offering and broaden our reach into other sectors of the economy,” added Bruwer.

 
Source: Macmillan Communications
 
« Back to previous page Print this page » |
 

Breaking News »

Allianz Risk Barometer 2020: Cyber top peril for companies in South Africa

9th annual survey on top business risks attracts record participation of 2,700+ experts from over 100 countries Cyber incidents have become more damaging and expensive for companies – and often result ...
Read More »

  

Broker Portal, Coface’s new digital interface for its brokers

Coface launches its new portal for brokers, offering a new experience to its partners in the development of their business around the world. Available in 42 of the countries covered by the Coface group, ...
Read More »

  

Nico Esterhuizen bows out of SAIA after almost ten years

The South African Insurance Association (SAIA) would like to announce the resignation of its General Manager: Insurance Risks, Mr Nico Esterhuizen who will be leaving the association at the end of December ...
Read More »

  

2020 D&O MARKET WATCH

The range of exposures facing directors and officers (D&Os) – as well as subsequent claims scenarios – have increased significantly in recent years in the midst of a prolonged soft market. With ...
Read More »

 

More News »

Image

Healthcare »

Image

Investment »

Image

Life »

Image

Short-term »

Advertise Here
Image
Image
Image
Advertise Here

From The Glossary »

Icon

Retention:

The portion of a risk retained by an insurer after ceding the remainder to a reinsurer.
More Definitions »

 

Advertise

 

eZine

 

Contact IG

 

Media Pack

 

RSS Feeds

By using this website you agree to the Terms of Use.
Copyright © Insurance Gateway (Pty) Ltd 2004 - 2020. All Rights Reserved.