Changing workplace sees Auxilion target over €48m in revenues

Digital transformation company Auxilion said it is targeting more than €48 million in revenues in 2022 as the changing workplace fuels its growth.

The company, which provides IT services and solutions, said it will grow revenues by 25 per cent by the end of the year, putting it on track to meet its objective of hitting €60 million in revenue by 2024. It has secured contracts worth €9 million in the first quarter of the year. That brings its total new business in the past six months to €22 million, with the organisation securing €13 million in new contracts in the final quarter of 2021.

Auxilion said growth had been fuelled by demand for IT and project governance, hybrid working strategies and digital transformation, with increased demand for hybrid cloud and modern workplace solutions.

The group announced last year that it would create 110 jobs by 2024; Auxilion said it has added 48 new employees in the past three months, including technical personnel and project managers at its Dublin headquarters and Belfast office. Auxilion is targeting further growth in the UK and Ireland in 2022.

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"Even as we move into a new phase of the pandemic and with global economic pressures to be mindful of, we continue to be optimistic for the remainder of the year, and our aim will be the same going forward: to enable digital thinking, built differently. We will do this by continually delivering and diversifying top-quality consultancy and technology services to our client base," said Philip Maguire, chief executive at Auxilion.

“Being agile is key for any business. In fact it is more important than ever in terms of the success of the modern workplace. Organisations must keep this in mind and focus on their long-term transformation and strategy, otherwise they could get left behind.”