Business Connexion Group

Business Connexion Group Limited
Public company (JSE: BCX)
Industry Information and Communications Technology
Founded 1979
Headquarters Johannesburg, South Africa
Area served
 South Africa, Kenya, Mozambique, Namibia, Nigeria, Tanzania, Zambia, United Kingdom and Middle East
Key people
 Isaac Mophatlane, Benjamin Mophatlane
Revenue Increase R5.83 billion(FY 2012)[1]
Number of employees
 Just over 7000 (2013)[2]
Website www.bcx.co.za

Business Connexion Group (Business Connexion) is a South African-based information and communications technology (ICT) company.[3] Business Connexion is also listed on the Johannesburg Stock Exchange (JSE) The ICT group has a wide footprint with operations in Africa, Europe and the Middle East. In Africa, Business Connexion expands to Kenya, Mozambique, Namibia, Nigeria, Zambia and Tanzania. The group also has offices in the United Kingdom as well as the Middle East. Business Connexion has the largest data centre capacity in Southern Africa.[4]

History

Business Connexion's history dates back to 1979 through the formation of Persetel (Proprietary) Limited. This company merged with Q Data Limited to form the Persetel Q Data Holdings group of companies in 1997. It was then that Persetel Q Data Holdings made a number of European networking acquisitions and subsequently changed its name to Comparex Holdings in November 1998.[5]

In December 2003, Comparex announced its intention to merge with Business Connection and in 2004, the largest Information Technology black economic empowerment deal occurred when Comparex merged with Business Connection.[6] The new combined entity's annual revenue were in excess of R3 billion at the time.[5] Founded in 1996 by present CEO Benjamin Mophatlane and his twin brother Isaac, Business Connection merged with Seattle Solutions in 2001.[7]

This merged entity was renamed Business Connexion (Proprietary) Limited, the holdings company was renamed Business Connexion Group Limited and the company has traded since then under the current share code of "BCX". Business Connexion was separately listed on 28 May 2004.[5]

Acquisitions

UCS Solutions Business Connexion acquired the UCS Group (UCS Group Limited) where it now has presence in the retails space.[8] UCS, which is now a division of Business Connexion, provides services in the retail value chain as well as traditional break-fix end-user device support to other market sectors. The acquisition has made Business Connexion a dominant player in the South African retail vertical, holding 28% of the Retail IT Services market share.

UCS Technology Services UCS Technology Services is a service provider to retailers across the South African region. The company provides solutions for both large, multi-store, multi-country retail environments, as well as for small- and medium-sized retail operations.

CEB Maintenance Initially founded in 1987, CEB Maintenance Africa (Proprietary) Limited offers information technology services. In May 2011 the company started operating as a subsidiary of Business Connexion Group Limited.

Accsys The Accsys business currently forms part of Business Connexion's Innovation division and is an award winning South African Software Company specialising in People Management solutions. With more than 2000 companies on its solutions, over 14 million payslips per year are initiated by Accsys systems. The solutions are developed in South Africa with particular emphasis on South African workplace conditions. This has also been broadened to encompass countries throughout Africa.

Canoa Group Business Connexions acquisition of Canoa Group intends to fulfil its vision to simplify the information and communications technology workspace for its clients.[9] The Managed Print Solutions business unit joint venture was introduced in 2010.

The Canoa Group has exclusive distribution rights for Canon copy, print and imaging solutions in Southern Africa.

Intergr8 IT Business Connexion through its subsidiary UCS Solutions acquired Integr8 IT.[10] The acquisition was made formal on 5 November 2012. The company provides annuity-based infrastructure management and managed services to the mid-market corporate in South Africa and Africa. Intergr8 IT also owns the only African based Nerve Centre, a digital hub of people, technology and process, that regulates, monitors and maintains the technology infrastructure for corporations.

Partners

Business Connexion headed by Isaac Mophatlane, the brother of the late Benjamin Mophatlane currently has the following business partners:[11]

References

  1. ↑ Business Connexion’s profit shoots up
  2. ↑ Business Connexion last quarterly update for 2012
  3. ↑ Sharedata, Business Connexion Annual Report 2010
  4. ↑ IT News Africa, 'Business Connexion sets up shop in Kenya'
  5. 1 2 3 "Annual Report 2010" (PDF). Business Connexion. Retrieved 2 November 2011.
  6. ↑ Financial Mail, 'IT sector's first major empowerment deal under way'
  7. ↑ ITWeb, 'Benjamin Mophatlane, CEO, Business Connexion']
  8. ↑ Business Connexion buys up UCS units
  9. ↑ Business Connexion now has a controlling stake in Canoa
  10. ↑ Business Connexion Acquires Integr8 IT In R126 Million Deal
  11. ↑ "Archived copy". Archived from the original on 7 November 2011. Retrieved 2011-11-04. Business Connexion Website, 'Our Business Partners page']
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