Perform IT Ltd: Company Profile

Background

Overview

Perform IT Ltd is an international IT consultancy headquartered in Dublin, Ireland, specializing in delivering enterprise software solutions, digital transformation services, and managed professional services. Established in 2005, the company has been instrumental in assisting businesses across 23 countries to enhance efficiency and achieve organizational objectives. With a team of highly experienced technologists, Perform IT partners with clients to deliver tailored solutions that align with their unique needs.

Mission and Vision

Perform IT's mission is to empower businesses to perform better by providing innovative IT solutions that drive efficiency, agility, and growth. The company's vision is to be a leading partner in digital transformation, enabling organizations to navigate complex IT environments and achieve sustained success.

Primary Area of Focus

The company's primary focus areas include:

• Digital Transformation Solutions: Assisting organizations in modernizing their IT infrastructure and processes to adapt to evolving business needs.

• Observability Solutions: Providing tools and services that offer real-time insights into application performance and operational health.

• Professional and Managed Services: Offering strategic consulting, implementation, and ongoing support to ensure optimal IT operations.

• Technology Integrations: Specializing in integrating various technologies to create cohesive and efficient IT ecosystems.

Industry Significance

Perform IT holds a significant position in the IT services and consulting industry, recognized for its expertise in observability solutions and digital transformation. The company's partnerships with leading technology providers and its extensive experience across diverse industries underscore its role as a trusted advisor and service provider.

Key Strategic Focus

Core Objectives

Perform IT aims to:

• Drive digital transformation for clients by modernizing IT infrastructures and processes.

• Enhance operational efficiency through observability and proactive monitoring solutions.

• Provide comprehensive professional and managed services to support clients' IT needs.

• Integrate diverse technologies to create seamless and effective IT environments.

Specific Areas of Specialization

The company specializes in:

• Application Performance Management (APM): Utilizing tools like AppDynamics and Splunk to monitor and optimize application performance.

• Observability Solutions: Implementing platforms such as ThousandEyes and the Elastic (ELK) Stack to provide real-time insights into system health.

• Digital Transformation Services: Guiding organizations through the modernization of their IT infrastructures and processes.

• Managed and Professional Services: Offering strategic consulting, implementation, and ongoing support to ensure optimal IT operations.

Key Technologies Utilized

Perform IT leverages a range of leading technologies, including:

• AppDynamics: For application performance monitoring and management.

• Splunk: For data analysis and operational intelligence.

• ThousandEyes: For network intelligence and monitoring.

• Elastic (ELK) Stack: For search, logging, and analytics.

• Cisco Solutions: Including ThousandEyes and AppDynamics for observability and monitoring.

Primary Markets Targeted

Perform IT serves a diverse clientele across various industries, including:

• Financial Services: Enhancing transaction processing and compliance.

• Healthcare: Improving patient data management and operational efficiency.

• Retail: Optimizing e-commerce platforms and customer experience.

• Telecommunications: Ensuring network reliability and performance.

Financials and Funding

Funding History

As a privately held company, Perform IT has not publicly disclosed detailed funding history or financials. The company has achieved significant growth and recognition in the industry, indicating a strong financial position.

Recent Developments

In March 2021, Perform IT was acquired by Asolvi, a leading provider of industry-specific field service management software. This acquisition has expanded Perform IT's capabilities and market reach, particularly in the managed print and office equipment sectors.

Pipeline Development

Key Pipeline Candidates

Perform IT's pipeline includes:

• mySalesDrive.com: A sales process optimization tool for the managed print and office equipment sectors, developed by Perform IT.

Stages of Development

mySalesDrive.com has been integrated into Perform IT's offerings, enhancing the company's ability to deliver comprehensive solutions to clients in the office imaging industry.

Target Conditions

The tool is designed to optimize sales processes, improve profitability, and support the entire sales cycle, from proposal generation to contract management.

Anticipated Milestones

Post-acquisition, Perform IT aims to leverage mySalesDrive.com to expand its presence in the managed print and office equipment sectors, targeting increased market share and enhanced service offerings.

Technological Platform and Innovation

Proprietary Technologies

• mySalesDrive.com: A proprietary platform developed by Perform IT to optimize sales processes in the managed print and office equipment sectors.

Significant Scientific Methods

• Data Analytics: Utilizing advanced data analytics to provide insights into application performance and operational health.

• Machine Learning Algorithms: Employing machine learning to predict and resolve performance issues proactively.

AI-Driven Capabilities

• Observability Solutions: Implementing AI-driven observability tools to monitor and optimize IT environments in real-time.

Leadership Team

Key Executives

• Karl Brenner: Founder and CEO, leading Perform IT's strategic direction and growth initiatives.

• Catherine Brenner: HR Director, overseeing human resources and talent management.

• Kanaan Salman: Sales Director, responsible for driving sales strategies and client relationships.

Professional Backgrounds

• Karl Brenner: With extensive experience in IT consulting, Karl has been instrumental in establishing Perform IT as a leader in digital transformation and observability solutions.

• Catherine Brenner: Catherine brings a wealth of experience in human resources, focusing on building and maintaining a high-performing team at Perform IT.

• Kanaan Salman: Kanaan has a strong background in sales and business development, playing a key role in expanding Perform IT's market presence.

Key Contributions

• Karl Brenner: Instrumental in the strategic direction and growth of Perform IT, leading to its acquisition by Asolvi.

• Catherine Brenner: Developed and implemented HR strategies that have attracted and retained top talent, contributing to the company's success.

• Kanaan Salman: Drove sales initiatives that expanded Perform IT's client base and revenue streams.

Competitor Profile

Market Insights and Dynamics

The IT services and consulting industry is characterized by rapid technological advancements and increasing demand for digital transformation solutions. Companies like Perform IT are well-positioned to capitalize on these trends by offering specialized services that address complex IT challenges.

Competitor Analysis

Perform IT faces competition from various IT consultancy firms specializing in digital transformation and observability solutions. Key competitors include:

• Acronis: Provides data protection and cyber security solutions.

• ScienceLogic: Offers AI-driven IT monitoring and management solutions.

• Cloudera: Specializes in data management and analytics platforms.

Strategic Collaborations and Partnerships

Perform IT has established strategic partnerships with leading technology providers, including:

• Cisco: As a Cisco partner, Perform IT specializes in Cisco's Observability portfolio, including Splunk, AppDynamics, and ThousandEyes.

• Splunk: Achieved Splunk Advise Associate partner status, reflecting expertise in data and observability solutions.

Operational Insights

Perform IT differentiates itself through its deep expertise in observability solutions and digital transformation services. The company's ability to integrate diverse technologies and provide comprehensive managed services positions it as a valuable partner for organizations seeking to optimize their IT operations.

Strategic Opportunities and Future Directions

Post-acquisition by Asolvi, Perform IT has opportunities to:

• Expand Market Reach: Leverage Asolvi's network to enter new markets and sectors.