The business specialises in the design, configuration and implementation of SAP HANA, SAP’s rapidly growing in-memory platform. The business also offers its proprietary software, Monitiq, to manage and monitor customers’ IT infrastructures.
In August 2015 LDC completed an investment to take a significant minority stake in a transaction to support the continued growth Centiq.
Centiq is well-positioned to capitalise on a range of future expansion opportunities, with an emphasis on supporting an increasing rate of SAP HANA implementations whilst driving further growth in its Monitiq offering to a broader customer base.
The deployment of development capital will help accelerate this growth with a focus on investment in its commercial and technical functions, and developing more proprietary IP to enhance its core offering.