Novon acquires Technology People, launches Novon on Demand arm

IT and data management services has the SMB market set in its sights.

IT and data management services Novon has acquired Technology People which will become its new Novon On Demand arm.

All staff and processes from Technology People will now be working under the Novon On Demand header.

Dominic Dufaur, founder and group CEO of Novon told CRN Australia that the Technology People team specialises almost exclusively in data and engineering talent, calling it “highly complimentary” to their business.

He said this acquisition will enable Novon to scale and extend their current offerings to their customers.

“Our ability to leverage that, to assist our customers, to scale that out, which is often the next challenge for a customer, once they commit to a service or a solution,” he said.

“It's really enabling us to leverage those current customers. Equally, when speaking to new customers, those customers are looking for more than the advisory, the thinking and the building they're looking for the longevity relationship to take them on a journey.”

Dufaur said the acquisition of Technology People enhance what Novon already does.

"I don't call ourselves a small business, we're a mid size IT services consulting business.

“There's always limitations on how much work you can take on and how quickly you can grow, and this just sort of supercharges everything we can do from a capability perspective,” he explained.

He said their ability to mobilise quicker is the differentiator with how a customer chooses as their partner.

“You've got to have confidence in them to be able to deliver, and delive often, to quite tight timelines. The days of five year transformations are over. You've got to be able to prove it and execute pretty quickly,” he added.

While Novon has worked in the large enterprise space, Dufaur sees opportunity in the SMB world.

"Our value is in helping you lift your maturity, taking you on a bit of a journey, and helping you make the right decisions. I say a lot of larger enterprises, they will work with us, and they will always want the best capability,” he said.

"It's the mid-market, small to medium enterprise is where for us there is huge opportunity. Markets like healthcare, aged care, we're looking at, there's a variety in there for the non-bank lenders, the mid tier financial services organisations. It's a huge market.”

For the next two years, Dufaur said they are going to try and double the size of the business. He explained there is huge opportunity in the market for AI and data.

“The demand on data is exponentially increasing every year, and the advancements in the technology that supports it is equally getting smarter and it's getting faster, but organisations don't necessarily all know how to get the most out of it,” he said.

“For us, it's about working with organisations that need to scale or looking to invest and lift their maturity. Every organisation is on a different journey and a different point of the value chain.

“We see that mid market style of organisations who really lean on organisations like Novon to help them. We definitely have a view on where we can add the most value, there's immense opportunity in the market.”

Founded in 2014, Novon provides professional services supporting the delivery of leading-edge data solutions. The company has a key focus on and expertise in data management, data governance, engineering, integration, insights, machine learning, and AI.