Headquartered in Rolling Meadows, Illinois, Quadrant 4 Systems Corp. is a leading provider of next generation Information Technology (IT) Services and Information Technology Enabled Service (ITES). A team of accomplished IT industry veterans leads the Company. Quadrant 4 Systems provides smart-sourced solutions that help customers achieve their goals of developing customized solutions and cost savings across multiple verticals and geographies. The Company has offices in North America and India.
The Company’s growth strategy is to build their business through strategic acquisitions, to focus on organic growth through additional revenue from existing clients and adding new clients, and to grow into new markets. These markets include infrastructure management, identity management, product engineering, business intelligence, internet security, enterprise mobility, and business process outsourcing.
Quadrant 4 intends to build the Company in three phases. The first phase involves consolidation of acquired IT assets of up to 100M. These assets would include client interfacing consulting and offshore delivery capability. The second phase involves growing organically and launching a more selective acquisition that fits into their capability matrix. They would scale the revenue to 200M in this phase. They desire to create strong presence in two or three carefully chosen high growth industry verticals such as healthcare, telecommunications, clean energy and financial services.
Their third phase will involve continuing to grow organically. It will also involve reorganizing their current portfolio to distinct industry verticals and launch building and/or acquiring competence in the aforementioned markets. Their goal is to scale the revenues to 250M with a target market capitalization of 500M.
The Company believes spending on cloud projects will grow at approximately 20 percent annually through 2015. Cloud computing
is a style of computing in which services and storage are provided as a service to external customers using Internet technologies. In March 2011, Quadrant 4 launched their first cloud-based service in the financial services market. In June 2011, the Company launched their cloud-based services to all new and existing customers. They project approximately 30 percent of total revenues from cloud computing projects in 2012.
Quadrant 4 Systems announced this past June that they merged their consulting entities, VSG Acquisition Corp., RM Acquisition Corp. and ISS Acquisition Corp. (all acquired in 2010). Effective July 1, 2011, ISS Acquisition was renamed Quadrant 4 Consulting, which in turn, has acquired 100 percent of the outstanding stock of VSG Acquisition and RM Acquisition. Quadrant 4 signed a multi-year lease on an office facility in New Jersey that will provide ongoing training and support for all three combined entities.
In October, Quadrant 4 announced the formation of an advisory team consisting of attorneys and professionals in the legal profession to guide the Company in the development of a complete IT solution for the legal profession. This solution will include IT-in-a-box features, secured cloud storage, and access for the attorney and client, secured cloud solutions to aide in the e-discovery process, remote bookkeeping and timekeeping, as well as other services geared toward the small and medium-sized firms. Currently, Quadrant 4 offers several of these solutions for larger companies. They have started development of solutions scaled down to meet the needs of small to medium businesses (SMB’s).
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Friday, November 18, 2011
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