The transport IT market doesn’t stand still for long, and at present it seems to be changing every week. News of Minorplanet Systems’ losses and GlobalLive’s rescue has been making press headlines, as the industry waits for the next round of consolidation.
But it’s not all bad news. Yes, the market is competitive but there is still growth potential out there. What we’re seeing is the market adjusting to economic conditions, and the result is that it is those companies that are the most innovative and customer focused that will survive and grow.
V-SOL actually started trading at about the same time as Minorplanet, but we’ve had a very different approach to growth and investment. This has paid off and we’re now looking to grow through acquisition – we want to expand our operations and utilise the expertise we have.
It’s going to be an exciting few months for us, and we’re well placed in the changing market, with funding already in place for our acquisition plans. Keep an eye on our website for further developments as they happen.
