July 24, 2014 10:52 PM ET

IT Services

Company Overview of Velocity Technology Solutions, Inc.

Company Overview

Velocity Technology Solutions, Inc. provides enterprise and business application hosting services. It offers managed application services; and managed disaster recovery services for various application needs ranging from answering questions about using application features to providing infrastructure on which the application runs. The company also provides Application Platform as a Service that provides the application platform, including server, operating system, user interface, database, backup, network, and disaster recovery; ongoing patching and maintenance; 24/7 operational support; and software to support unique configuration of applications. Velocity Technology Solutions, Inc. was fou...

850 Third Avenue

10th Floor

New York, NY 10022-6222

United States

Founded in 2003

Phone:

646-884-6600

Fax:

646-884-6671

Key Executives for Velocity Technology Solutions, Inc.

Chief Executive Officer and Director
Chief Financial Officer and Senior Vice President
Chief Technology Officer and Senior Vice President
Senior Vice President of Legal and General Counsel
Chief Strategy Officer and Executive Vice President
Compensation as of Fiscal Year 2014.

Velocity Technology Solutions, Inc. Key Developments

Velocity Technology Solutions, Inc. Migrates EYELEVEL to Fully Managed Cloud

Velocity Technology Solutions, Inc. announced that EYELEVEL has selected Velocity to host and manage its new enterprise resource planning (ERP) business software applications within Velocity's virtual private cloud. EYELEVEL's move to Velocity Universal Cloud Services includes: Comprehensive implementation and consulting services for Infor M3 software; Managed Application Services, offering application lifecycle support and day-to-day application management for Infor M3 and several other software solutions EYELEVEL has integrated with it; Managed Disaster Recovery, including plan design, implementation, fully-managed application recovery and testing for the Infor M3 applications; and 24/7 access to experienced, technical engineers and functional application support to help EYELEVEL fully leverage the capabilities of its Infor M3 software investment.

Velocity Technology Solutions, Inc. Implements Universal Cloud Services for Brookdale University Hospital and Medical Center

Velocity Technology Solutions, Inc. announced that Brookdale University Hospital and Medical Center has commenced full operations with Velocity Universal Cloud Services for hosting and managing its clinical and revenue application suites, Infor financial and HR applications, the Infor Cloverleaf Integration Suite, and managing Brookdale's IT help desk. As part of its Universal Cloud Services, Velocity is providing Platform-as-a-Service for Brookdale's clinical applications, Managed Application Services for Infor Lawson and Kronos solutions, Managed Disaster Recovery Services with guaranteed application recovery and full annual testing, and 24/7 health system-wide Level 1 and Level 2 help desk support. Velocity's service includes 'how to' functional application support and unlimited upgrades to software and custom code for interfaces, reports, and workflows.

Aspirus Selects Velocity Technology Solutions, Inc. to Host and Manage Aspirus' Enterprise Resource Planning Business Software Applications Within Velocity's Virtual Private Cloud

Velocity Technology Solutions, Inc. announced that Aspirus has selected Velocity to host and manage Aspirus' enterprise resource planning (ERP) business software applications within Velocity's virtual private cloud. Aspirus' move to Velocity Universal Cloud Services includes: managed Application Services, offering application lifecycle and day-to-day application management, for Infor(TM) Lawson financial, payroll, and business intelligence software; managed Disaster Recovery, including plan design, implementation, fully-managed application recovery and annual testing for the Infor Lawson applications and 24/7 access to experienced, technical engineers and 5/12 functional application support to help Aspirus fully leverage the capabilities of its Infor Lawson software investment. Aspirus will have transparency into its application environment via Velocity Zoom, a cloud management console that provides CIOs and their teams with unprecedented insight and control over the performance and use of their ERP, business enablement and analytic software. Velocity Zoom provides Aspirus with business process insight that enables the organization to balance cash flow throughout the month, while making it easier for Aspirus to provide auditability for financial and payroll transactions. Velocity was chosen by Aspirus because of its ability to support the range of applications Aspirus runs, its experience managing applications and supporting compliance requirements for healthcare organizations, and the high level of business insight and control Aspirus can achieve using Velocity Zoom.

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