AppDirect confirmed today that it has finalised the expansion of its B2B platform. To a significant degree, through the acquisition of vCom Solutions for a consideration exceeding $100 million. With this acquisition, AppDirect integrates the vCom network and the mobility lifecycle management tools into its single lifecycle solution. In consequence, technology advisors have the ability to handle infrastructure, software, cloud, hardware, energy, and mobile resources through one platform.
AppDirect Expands Its B2B Platform with vCom Solutions Acquisition
“vCom is a powerful platform that improves visibility and control over mobility and network infrastructure. Providing the tools for businesses to save time, money & make informed decisions about their technology. Integrating vCom’s lifecycle management platform, Buyers’ Club network, and mobile solutions into the AppDirect procurement. suite will expand our customers’ ability to manage the end-to-end lifecycle of all of their technology. In one single platform,” said Nicolas Desmarais, CEO and chairman of AppDirect. “From software and infrastructure to hardware, energy, and now network and mobile. We’re delivering on our vision to provide the everything store for business through our advisor community.”
Strengthening AppDirect’s Unified Technology Lifecycle Platform
Besides that, transaction incorporates the vCom Buyers’ Club program as well as managed services, which help improve AppDirect’s procurement catalog. Thus, advisors who operate within the AppDirect network can easily get access to new revenue streams. Nicolas Desmarais, CEO, and Chairman of AppDirect. Stated that the acquisition is a big step & forwarded their mission to become the one-stop shop for all business technology. He added that integrating the vCom platform with theirs will give businesses clearer visibility & control over network and mobile infrastructure.
“Joining forces with AppDirect will allow us to accelerate our shared vision of a single platform. Destination for IT to manage their technology. Just as Salesforce provides the tools for sales to manage the lifecycle of customers, Workday provides the tools for HR. To lifecycle of an employee, AppDirect & vCom together provide the tools for IT to manage the lifecycle of their technology. spend,” said Gary Storm, CEO at vCom. “Together, we’ll continue delivering the same great customer service and support, and create exciting new revenue opportunities for advisors.”
Additionally, this broadened functionality frees up time and money for the companies. While at the same time allowing them to make better technology decisions. VCom made a decision to adopt a channel-first model whereby they converted their direct sales staff into independent advisors. At present, those advisors will be functioning under a new brand while collaborating with AppDirect’s partner community.
Also, the purchase of this company is a strategic move. Following the other acquisitions of cloud-marketplace and IT services platforms made by AppDirect. The company views this move as strengthening its role as a leading B2B commerce & procurement platform for advisors and businesses.
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News Source: Businesswire.com
