Growing Investor Interest in Microsoft Dynamics Partners
Due to social distancing conventions and statewide lockdowns, the Covid-19 epidemic has unavoidably increased the usage of digital technologies. This has accelerated the pace of business process automation, which includes digitizing physical spaces, activities, and human interaction. The world is about to undergo a significant technological disruption, which has presented enormous prospects. With the use of technologies like the Internet of Things, digital transformation is propelling faster corporate innovation. The cloud powers data, automation, augmented reality, and artificial intelligence. Microsoft continues to be a top global supplier of cloud computing services for companies of all sizes, having delivered massively scalable cloud services for more than 15 years. As a result, businesses are now investing in Microsoft Dynamics 365 service capabilities, which are a family of modular, networked Microsoft ERP and CRM apps. The need for Microsoft partners, who assist clients with a variety of information technology (IT) projects and particular goods and services, has increased as a result of the success of Microsoft Dynamics 365. Strategic investments for Microsoft Dynamics partners are expected to rise as businesses become more aware of how these partners are assisting clients in strengthening their platform capabilities, adapting to change and overcoming obstacles, and developing resilience.
Microsoft Dynamics partners have gained clients by becoming more modular, expandable, and AI-powered through their unique approach to business interactions. Microsoft's focus on accelerated growth in the Dynamics segment and its growing adoption among enterprise clients is further validated by the 26% increase in revenue growth for its Dynamics products and cloud services in the third quarter of 2021 compared to the previous year. By utilizing RPA and AI in Microsoft Ecosystems through Power BI and Softomotive, Microsoft Dynamics Platforms partners are democratizing business processes. Based on their platforms with a plethora of functionality, they are helping businesses automate their workflows and procedures. Because of how important the partner ecosystem is to Microsoft, partners directly or through partnerships account for over 95% of the company's commercial revenue. To develop system solutions and apps on top of the Microsoft environment, In addition to investing in Microsoft capabilities, Microsoft Dynamics partners are also spending in the education and training of their staff. Over the past 12 months, specialized Microsoft Dynamics 365 partners have formed strategic partnerships with well-known international businesses in a variety of verticals. These partnerships demonstrate the growing interest of investors in Microsoft partners with specific capabilities:
With the support of private equity firm Providence Equity Partners, European MSP Node4 purchased cloud consulting partner TNP for Microsoft Dynamics 365. TNP, a Microsoft Gold Partner for ERP, Application Development, and Cloud Platform, employs about 200 people in the UK. The company has also obtained Microsoft certifications in Data Analytics, Application Integration, and Small and Midmarket Cloud Solutions. Node4's already extensive service portfolio, which includes remote working, security, connectivity, data center hosting, and cloud services, is perfectly complemented by TNP's technical skills and credentials in NAV, Business Central, and Power Platform, resulting in improved and transformed unified communications and collaboration.
Velosio, supported by Harren Equity Partners, strengthened its Microsoft Dynamics offering in the Eastern United States and its overall experience when it acquired BroadPoint, a Microsoft Gold Certified Dynamics 365 partner. Through the purchase, Velosio was able to add more specialized Microsoft Dynamics skills and certified professionals to the Velosio team in addition to increasing its industry coverage by assisting businesses in realizing value more quickly through expert cloud technology delivery.
By acquiring Quantif, a London-based Microsoft Dynamics 365 partner, Avanade was able to broaden its client offerings by utilizing all of its technologies and service capabilities. Additionally, it gained access to a worldwide network of Dynamics experts to support its global clientele.
It is safe to state that businesses all over the world are trying to expand Microsoft's skills and knowledge in order to control the expanding market for scalable and intelligent business platforms. In today's fast-paced demand environment, the Microsoft partner ecosystem is vast, diverse, and powerful. Growing M&A and investment in these partners underscore the special opportunities for specialized Dynamic 365 companies to drive growth and de-risk the business from supply-side constraints. At GTD, we think that by investing in Microsoft partners, businesses that develop resilience, adjust to change and overcome obstacles, seize new opportunities, and realize growth are especially important.