Charlotte, 28211, NC,
United States
Velocity Technology Technographics
Velocity Technology Technographics, Software Purchases, AI and Digital Transformation Initiatives
Discover the latest software purchases and digital transformation initiatives being undertaken by Velocity Technology and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 800 Velocity Technology employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that Velocity Technology has purchased the following applications: Oracle NetSuite ERP for ERP Financial in 2010, Oracle Netsuite OpenAir for Professional Services Automation in 2013, Google Workspace (Formerly Google G-Suite) for Collaboration in 2015 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Velocity Technology is running and its propensity to invest more and deepen its relationship with Oracle , Google , Triblio or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.
We have been analyzing Velocity Technology revenues, which have grown to $184.0 million in 2024, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for Velocity Technology intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications.
Velocity Technology Tech Stack and Enterprise Applications
Velocity Technology ERP
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Oracle | Legacy | Oracle NetSuite ERP | ERP Financial | ERP | n/a | 2010 | 2010 |
In 2010 Velocity Technology implemented Oracle NetSuite ERP to centralize finance operations across its corporate and subsidiary footprint. The deployment consolidated accounting for eleven subsidiaries, including six foreign subsidiaries, and integrated financial data from four acquisitions into the new system.
The Oracle NetSuite ERP implementation emphasized ERP Financial functionality, including general ledger consolidation, intercompany accounting, multi-currency transaction processing, accounts payable and receivable workflows, and fixed asset accounting. Configuration and automation were oriented around a standardized monthly close, preparation of monthly and annual financial reports, and variance analysis to plan and prior periods.
Operational coverage was concentrated in the finance organization, with responsibilities to manage and review all aspects of the monthly close, prepare management analyses, and work directly with external auditors. The project included structured integration of acquisition financials into Velocity Technology’s financial software, aligning chart of accounts and transactional mappings to support consolidated reporting and auditability.
Governance and process changes formalized consolidation and close workflows, updated finance policies to absorb four acquisitions, and established review controls for monthly and annual reporting. Oracle NetSuite ERP was used to produce the financial analyses required for an equity refinance, and the implementation created a single, auditable financial record for corporate reporting and external audit support.
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Velocity Technology ERP Services and Operations
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Oracle | Legacy | Oracle Netsuite OpenAir | Professional Services Automation | ERP Services and Operations | n/a | 2013 | 2013 |
In 2013, Velocity Technology implemented Oracle Netsuite OpenAir as its Professional Services Automation platform. The implementation established project initiation workflows that create new projects in both NetSuite and OpenAir, and configured billing and invoicing rules to govern time-and-materials and fixed-fee engagements.
Configuration work focused on project record templates, billing schedules, revenue recognition triggers, and automated invoice generation within Oracle Netsuite OpenAir, with system controls applied to billing cycles and approval routing. Operational scope covered project managers, delivery teams, and finance staff, and governance centered on standardized project setup procedures and rule-based invoice processing to ensure consistent application of billing policies.
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Velocity Technology Collaboration
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Legacy | Google Workspace (Formerly Google G-Suite) | Collaboration | Collaboration | n/a | 2015 | 2015 |
In 2015, Velocity Technology implemented Google Workspace (Formerly Google G-Suite). Google Workspace (Formerly Google G-Suite) serves as Velocity Technology's core Collaboration platform, and the company references its use on its public website.
The Google Workspace (Formerly Google G-Suite) deployment is configured to support enterprise email via Gmail, calendaring through Google Calendar, Google Drive with shared drives for centralized file storage, and real time document collaboration using Google Docs, Sheets, and Slides. Administrative controls are managed through the Google Workspace admin console, enabling user provisioning, access controls, policy enforcement, and account lifecycle management across employee accounts.
Operational coverage is company wide across Velocity Technology's United States operations, supporting professional services functions including project delivery, internal collaboration, and corporate communications. Governance is implemented through delegated admin roles, sharing and data protection settings, and standardized provisioning workflows to align collaboration capabilities with security and compliance needs. The public site source includes references to Google Workspace, indicating domain configuration and provisioning are managed within Velocity Technology's IT operations.
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Velocity Technology CRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Account Based Marketing | CRM |
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2019 | 2019 |
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CRM | CRM |
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2018 | 2018 |
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Customer Experience | CRM |
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2019 | 2019 |
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Digital Advertising Platform | CRM |
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2021 | 2021 |
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Marketing Analytics | CRM |
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2019 | 2019 |
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Marketing Automation | CRM |
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2015 | 2015 |
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Marketing Automation | CRM |
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2021 | 2021 |
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Sales Automation, CRM, Sales Engagement | CRM |
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2021 | 2021 |
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Velocity Technology ITSM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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IT Service Management | ITSM |
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2016 | 2016 |
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Velocity Technology PPM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Project Portfolio Management | PPM |
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2020 | 2020 |
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Velocity Technology IaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Application Hosting and Computing Services | IaaS |
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2020 | 2020 |
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Application Hosting and Computing Services | IaaS |
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2018 | 2018 |
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Application Hosting and Computing Services | IaaS |
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2015 | 2015 |
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Content Delivery Network | IaaS |
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2020 | 2020 |
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IT Decision Makers and Key Stakeholders at Velocity Technology
Apps Being Evaluated by Velocity Technology Executives
| Date | Company | Status | Vendor | Product | Category | Market |
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| No data found | ||||||