Our strategy is to focus on profitable markets with high barriers to entry, where our expertise and high level of IP brings a competitive advantage. Our strategy is made up of four distinct elements.
Drive organic growth
Drive organic growth We continue to organise the business to drive good levels of organic growth. We have a broad range of organic growth opportunities that fit with the capabilities of the business. This includes the ongoing social care systems refresh by local authorities brownfield refurbishment of platforms around our coastline, efficiency improvements and cost reductions for our utilities clients and continued delivery of true electronic patient records systems that meet the objectives set by the UK Government.
Our clients are important to us and we have been working with a number of them for many years. We always strive to maintain excellent customer relationships thus increasing our level of repeat business and recurring revenues.
Continue to enhance our product capability
We will continue to invest in our products across the Group to ensure that we meet the needs of our clients now and in the future and our products continue to comply with relevant legislation, regulation or changing market requirements.
Develop our distribution channels to market
Servelec has proven itself with strong positions in its home markets. Servelec Technologies has a global distributor network which provides access to increased opportunities for the Group. We will continue to invest in our distribution channels to provide access to customers, wherever they are.
Acquire where beneficial to the business
We continue to search for potential acquisitions that will provide both short-term and long-term benefit to the Group. We seek out companies that support our overall growth strategy and where we believe our expertise and experience provides enhanced growth potential for the acquired business.