Idox has a strong reputation and is a leading supplier of digital software and services to a diverse customer base spanning both the UK and International markets.
We support our customers by delivering solutions that provide the right tools, at the right time, to enable better service delivery and business efficiency across a number of sectors.
By providing the right digital infrastructure and innovative tools, we support businesses across a wide range of sectors including Public Services, Engineering, Funding, Commercial and Digital to deliver tangible benefits and outcomes that achieve the visions of a sustainable, efficient and digitally transformed world of the future.
The Group continues to operate successfully, growing in challenging markets characterised by continued pressure on local
The early part of 2017 focused on completion of the acquisition of 6PM, a software and solutions business whose main customer is the UK NHS, which represented a significant expansion in the health and social care market. We made a further important acquisition in August, of Halarose, an electoral back office software and services business that has significantly enhanced our elections capabilities.
Idox has an exceptionally strong market position in the public sector, a sound balance sheet, and multiple opportunities for growth.
Idox will continue to focus on becoming a leading international supplier of digital software and services to the wider public sector (with the addition of Health last year), whilst continuing to deliver services to private sector customers as well.
Having consolidated our position in the UK elections market; we intend to accelerate our international ambitions and expand this area of the business outside the UK.
We believe that government bodies must invest in digital solutions to improve the quality of their services and continue their drive for improvements in productivity and accessibility. With our extensive range of capabilities which we can integrate to deliver quick outcomes, we are looking forward to building stronger links with our customers to deliver true innovation to the market with their help.
Idox has had an encouraging start to the new financial year with the majority of the delayed contracts from last year being signed.
2018 will see a decisive move towards a change in product pricing and a focus on cash conversion; we believe this will deliver stronger future growth and higher quality earnings.
We remain confident of Idox’s prospects and believe that the Group has good growth opportunities, through its continued focus on digital transformation and channel shift in the public sector, increasing market shares, ensuring existing acquisitions are fully bedded in, cross selling, and geographical expansion.