Irish IT managed services provider Auxilion has announced a €10m investment in an ambitious three-year growth strategy.

The investment is expected to further bolster the company's managed services and consultancy portfolio following the roll out of its service management capabilities last year.

Specifically, Auxilion plans to enhance its offering for customers in the areas of modern workplace, process modernisation, AI, data management, and automation.

The new services are intended to help customers unlock the value of data and leverage AI to modernise company processes.

AuxilionThe investment, which also encompasses Auxilion's expansion to the UK market, will be supported by founder and CEO Philip Maguire's appointment as executive chair.

Maguires will focus on Auxilion’s strategic direction and acquisition strategy. 

Patrick Jordan, who previously served as COO, has taken up the role of CEO and will be responsible for the direction and leadership of the business.

This includes overseeing operations, driving profitability, ensuring customer service excellence and steering Auxilion’s employee talent strategy.

The company plans to add 30 jobs in Ireland and the UK this year. The new positions will predominantly be in operations and sales as well as to support Auxilion’s enhanced modern workplace and AI offering.

The firm will also make senior hires, including a head of sales and head of commercial and bid management.

“It’s an exciting time for Auxilion and I am looking forward to building our future with the team," said Jordan

"The company enjoyed significant growth and transformation under Philip’s leadership, but we see even more potential in the market moving forward and we have a clear focus on where we are taking the company based on the unique value we offer our clients, and we will be even more focused on delivering and building on our partnerships to deliver those outcomes.

"We have been working hard to continue to evolve our service offerings, which underpins our ability to solve problems for clients today and address the challenges they face in the future.”

Maguire added: “Alongside Patrick, I look forward to building on our heritage and taking Auxilion to the next level.

"That means focusing on what we have always done and what we’re known for – delivering an excellent customer experience and unlocking value through technology.

"It also means taking opportunities and futureproofing the business by bringing in fresh talent, expanding operations, and driving growth.

"Over the last 28 years, innovation and change have been constant in Auxilion. This strategic shift is no different in that it will build on our strengths, whilst generating new ideas and driving the organisation forward.”

IT Alliance Group Ltd, of which Auxilion is part, reported a 4% increase in turnover to €43.4m and stable operating profit (€2.3m) in 2023.

The group held shareholders funds of €7.1m and employed around 300 people. Its subsidiaries include arms of Auxilion in Ireland and the UK, IT Alliance NI and Dublin-based IT Alliance Resourcing Services Ltd.

Photo: Patrick Jordan. (Pic: Supplied)