Growing M&A Activity Encompass Solutions has an active acquisition strategy, including recent purchases of Solenium Group and Smart Software, indicating a focus on expanding its technological capabilities and market reach. This presents opportunities for providing integration, consulting, or new product offerings to support their growth initiatives.
Industry-Focused Innovation With recent launches like Epicor Kinetic 2023.1 and partnerships with ASTM International, Encompass demonstrates a commitment to advancing manufacturing technology and sustainability standards. This creates potential for sales of tailored ERP solutions, industry-specific software, and compliance tools to manufacturing clients.
Digital and Cloud Adoption Utilizing a modern tech stack with AWS, PDF.js, and Mailgun highlights a cloud-centric approach, making Encompass an ideal partner for companies seeking cloud migration, SaaS integration, or scalable enterprise solutions within the IT services sector.
Market Expansion Potential Operating in the competitive IT consulting industry with a revenue between $50 million and $100 million, Encompass provides a strategic opportunity to target mid-sized manufacturing and industrial companies aiming to upgrade their ERP systems and operational processes through specialized consulting and software implementation.
Strategic Partnerships The company's recent alliances and participation in industry events like Manufacturing Excellence Summit indicate an active engagement with manufacturing leaders. This paves the way for targeted sales opportunities in demand planning, inventory management, and operational efficiency solutions tailored to industry needs.