Singapore, 22 October 2020 – NCS has entered into an agreement to acquire 2359 Media, a regional digital services consultancy focused on ideating and building innovative digital products and platforms. This acquisition will enhance NCS’ capabilities in agile development, design thinking, and cloud native application development, complementing its NEXT service offerings in digital, cloud, platforms and cybersecurity.
2359 Media which will become part of NCS NEXT digital arm, is an award-winning Singapore-based digital services consultancy with presence in Southeast Asia. Founded in 2009, the company has a reputation for its agile development processes and specialises in leveraging cloud-based technologies to develop custom-built mobile apps, platforms and websites. Driven by a culture of innovation, 2359 Media often co-creates with its clients across diverse sectors such as financial services, media, healthcare and retail to build impactful cloud and mobility solutions.
Mr Ng Kuo Pin, CEO, NCS said, “We aspire to be a trusted digital transformation partner for governments and enterprises in the Asia Pacific region. With COVID-19 driving greater demand for digital services from both our public and commercial sector clients, this acquisition signifies NCS’ commitment to assemble the right mix of capabilities and to grow a bigger community of digital specialists to make an impact in the market. By leveraging on the strengths of 2359 Media in creating innovative mobile apps and solutions, we are in an even stronger position to help our clients accelerate their digital transformation agendas through experience design and purposeful adoption of digital technologies.”
The combination of 2359 Media with NCS NEXT’s digital capabilities and strengths in large-scale application and infrastructure implementations, will offer clients access to an expanded range of digital services from design thinking, rapid prototyping, cloud native application development, to creation of innovative digital solutions.
According to Research and Markets, the global digital transformation market is expected to grow at a compound annual growth rate of 22.5% from 2020 to 2027, to reach USD1,392.91 billion by 2027, with the Asia Pacific region accounting for USD 379.95 billion in 2027.
Mr Wong Hong Ting, CEO & Founder of 2359 Media said, “We are excited by NCS’ strategy and plans to grow their digital services footprint across Asia Pacific. Joining NCS NEXT presents a strategic opportunity for us to drive acceleration of digital solutions across a variety of industries. We started our company with the purpose of transforming the way people live and work through innovative application of digital technologies. With the backing of NCS’ resources and NCS NEXT services teams, we can create lasting impact and deeper changes with clients in Singapore and the region.”
The completion of the acquisition is subject to fulfilment of closing conditions.