Version 1 is an Irish company specializing in

international International is an adjective (also used as a noun) meaning "between nations". International may also refer to: Music Albums * ''International'' (Kevin Michael album), 2011 * ''International'' (New Order album), 2002 * ''International'' (The T ...

management consulting Management consulting is the practice of providing consulting services to organizations to improve their performance or in any way to assist in achieving organizational objectives. Organizations may draw upon the services of management consultant ...

software development Software development is the process of conceiving, specifying, designing, programming, documenting, testing, and bug fixing involved in creating and maintaining applications, frameworks, or other software components. Software development invol ...

cloud computing Cloud computing is the on-demand availability of computer system resources, especially data storage ( cloud storage) and computing power, without direct active management by the user. Large clouds often have functions distributed over mul ...

, and outsourcing company. On July 13, 2022,

Partners Group Partners Group Holding AG is a Swiss-based global private equity firm with US$127 billion in assets under management in private equity, private infrastructure, private real estate and private debt. The firm manages a broad range of funds, struct ...

completed the acquisition of a majority stake in Version 1.

History

Version 1 was established in

Dublin, Ireland Dublin (; , or ) is the capital and largest city of Ireland. On a bay at the mouth of the River Liffey, it is in the province of Leinster, bordered on the south by the Dublin Mountains, a part of the Wicklow Mountains range. At the 2016 cen ...

in 1996 by Justin Keatinge and John Mullen. In the years leading up to 2011, Version 1 was named in the

Deloitte Deloitte Touche Tohmatsu Limited (), commonly referred to as Deloitte, is an international professional services network headquartered in London, England. Deloitte is the largest professional services network by revenue and number of profession ...

Fast 50 list and employed more than 150 consultants and had annual revenues of €17.5m. In 2014, Version 1 opened its London, UK office and expanded its Belfast, Northern Ireland office. Version 1 acquired the UK-based Tieto Corporation, and were recognized as one of the top 50 workplaces in Europe. They went on to acquire UK-based Rocela Group along with the UK-based Patech Solutions. By year end, they had a total of eight international offices employing more than 500 consultants with annual revenues of €60m. In 2017, the UK equity firm Volpi Capital LLP became the majority shareholder in Version 1 in a deal that saw a €100 million buy out of the original founders and shareholders. Shareholders included the Development Capital Fund, who invested c. €8m in 2014 and realized in excess of c. €20m on their investment. This buy out raised €90 million of expansion capital to allow Version 1 expand its operations in the UK and Europe. On 24 April 2017, Tom O'Connor was appointed as Version 1 CEO after former CEO Justin Keatinge resigned. Keatinge stayed on Version 1's board and remains a major shareholder. In 2018, Version 1 announced a €1 million investment into its Innovation Labs. The current areas of focus are: Blockchain,

Internet of things The Internet of things (IoT) describes physical objects (or groups of such objects) with sensors, processing ability, software and other technologies that connect and exchange data with other devices and systems over the Internet or other comm ...

Chatbot A chatbot or chatterbot is a Software agent, software application used to conduct an on-line chat conversation via text or Speech synthesis, text-to-speech, in lieu of providing direct contact with a live human agent. Designed to convincingly si ...

Machine learning Machine learning (ML) is a field of inquiry devoted to understanding and building methods that 'learn', that is, methods that leverage data to improve performance on some set of tasks. It is seen as a part of artificial intelligence. Machine ...

Virtual reality Virtual reality (VR) is a simulated experience that employs pose tracking and 3D near-eye displays to give the user an immersive feel of a virtual world. Applications of virtual reality include entertainment (particularly video games), educ ...

and

Augmented reality Augmented reality (AR) is an interactive experience that combines the real world and computer-generated content. The content can span multiple sensory modalities, including visual, auditory, haptic, somatosensory and olfactory. AR can be de ...

. In June 2018 Version 1 acquired the HR Transformation specialist Cedar Consulting Ltd. In 2019, Version 1 presented alongsid
ICBF
at Oracle OpenWorld, where a Blockchain Solution for the trace-ability of Irish Cattle and meat was discussed. Version 1 also presented at Microsoft Future Decoded 2019, Microsoft's main UK event, with Roger Whitehead, Advisory Services Lead at Version 1 discussing the impact of Application Modernisation. In 2022, Version 1 are nominated for "Employee of the Year" in the Women in IT Awards 2023.

Partners

Version 1 has multiple long standing and enhanced partner relationships. The company currently has three main technology partners:

Oracle Corporation Oracle Corporation is an American multinational computer technology corporation headquartered in Austin, Texas. In 2020, Oracle was the third-largest software company in the world by revenue and market capitalization. The company sells da ...

Microsoft Microsoft Corporation is an American multinational technology corporation producing computer software, consumer electronics, personal computers, and related services headquartered at the Microsoft Redmond campus located in Redmond, Washing ...

and

Amazon Web Services Amazon Web Services, Inc. (AWS) is a subsidiary of Amazon that provides on-demand cloud computing platforms and APIs to individuals, companies, and governments, on a metered pay-as-you-go basis. These cloud computing web services provide d ...

. Version 1 has been a Platinum Partner for

Oracle An oracle is a person or agency considered to provide wise and insightful counsel or prophetic predictions, most notably including precognition of the future, inspired by deities. As such, it is a form of divination. Description The word '' ...

in Cloud Managed Services and has the Largest Oracle capability in the UK and Ireland. Version 1 was also voted as the #1 Oracle Partner by their customers, in both the 2018 and 2018 Oracle User Group Awards. Version 1 is a Microsoft Solutions Partner and has worked with

since 2006, being named Microsoft Partner of the Year in 2011, Application Development Partner of the Year for Ireland in 2015, and Business Intelligence & Data Analytics Partner of the Year in 2016. In 2019, Version 1 were awarded Microsoft's 2019 Partner Award for Intelligent Cloud - Data Estate Modernization. Version 1 was one of the first

Partners in Europe and is a Premier Consulting Partner across areas such as Migration, Public Sector and Managed Services Provider.

OneZeroOne Podcast

In April, 2019, Version 1 launched their own podcast
OneZeroOne
Th
OneZeroOne
podcast is a series of conversations with technology and innovation experts across the UK and Ireland, who will share their ideas, experiences and lessons with listeners. The podcast is available on

Spotify Spotify (; ) is a proprietary Swedish audio streaming and media services provider founded on 23 April 2006 by Daniel Ek and Martin Lorentzon. It is one of the largest music streaming service providers, with over 456 million monthly active us ...

AudioBoom AudioBoom PLC is an on-demand audio and podcasting distribution platform. AudioBoom offers business-to-business services to the radio, media and podcast industries. AudioBoom's platform has been used to power on-demand audio for businesses incl ...

Deezer Deezer is a French online music streaming service. It allows users to listen to music content from record labels, as well as podcasts on various devices online or offline. Created in Paris, Deezer currently has 90 million licensed tracks in ...

and other streaming services, with 6 episodes released as of September 2019. Speakers include John Beckett, CEO and co-founder of ChannelSight, and William Conaghan and Lizzy Hayashida, founders of Change Donations.

Community Trust

In 2014, Version 1 initiated a Community Trust program supporting local and global charitable and sports organizations. Grants are awarded on a quarterly basis, ranging in value from €500 to €5,000. A public vote determines which causes receive the grants available, with voting undertaken on the company's Facebook page. One 2015 winner was DEBRA Ireland, which won a grant of €3,500. Version 1 sponsored the 2017

Leinster Loop Leinster ( ; ga, Laighin or ) is one of the provinces of Ireland, situated in the southeast and east of Ireland. The province comprises the ancient Kingdoms of Meath, Leinster and Osraige. Following the 12th-century Norman invasion of Ir ...

, that took place in the Republic of Ireland on 13 August. Leinster Loop has been nominated multiple times as Cycling Ireland's Best Cycle Event, and this challenging cycle consisted of five routes spread out over 130 kilometres. All funds raised for this event went towards Breast Cancer Research and St. Laurence's GAA Community Complex. Version 1 employees across the UK supported the 2019 Byte Night, the UK's largest corporate sleep out event, to fund-raise and support homelessness children.

References

{{Portalbar, Companies 2022 mergers and acquisitions Consulting firms established in 1996 Information technology consulting firms of Ireland International information technology consulting firms International management consulting firms Irish companies established in 1996