Allocate expands software portfolio with acquisition of Enterprise Study

PRESS RELEASE

3rd September 2019

Allocate expands software portfolio with acquisition of Enterprise Study

Learning and development functionality will drive staff retention, patient safety and a seamless experience for workers

3rd September 2019: The Allocate Software group has today announced the acquisition of UK based Enterprise Study Ltd, a Software-as-a-Solution (SaaS) company offering Learning Management Systems and an online training marketplace. This latest addition to the group demonstrates Allocate’s continuing focus on extending their Human Capital Management offering, and is the company’s third acquisition in the past year, following the acquisitions of 247Time and Wambiz in late 2018.

Recruitment and retention of highly skilled workforces is one of the biggest challenges facing health and care organisations globally, as they seek to deliver better care to patients within resource-constrained environments. This acquisition will allow Allocate to integrate Enterprise Study’s solutions into its own workforce management portfolio. The result will enable organisations to better support and deploy their workforces, as well as facilitate higher patient safety standards through compliance with statutory and mandatory requirements.

Enterprise Study has worked with NHS organisations and care providers in the UK for over 10 years, and has a track record in other skilled, regulated, and safety-focused industries, including the energy sector, which face common challenges of building and retaining skilled workforces.

Nick Wilson, CEO of the Allocate Software group, said: “Staff recruitment and retention are arguably one of the biggest issues facing many organisations today, and this is especially the case in the health and care sectors. We recognise the close link between both the requirements of mandatory training and the wider benefits of supportive career development, and with how people are managed and rostered.”

“Bringing Enterprise Study into the Allocate family is an exciting opportunity for us to push the boundaries of a seamless experience for healthcare workers. It also helps us to support our customers in offering their staff a more rewarding and satisfying career. Allocate is leading the way in creating a range of integrated software solutions to help manage all aspects of an employee’s working life, and to help our customers to build enduring relationships between their organisations and their people.”

Shona Blackhall, CEO of Enterprise Study, commented: “We know that learning and development is critical when looking at how to use resources more effectively. As a British business, we have a strong track record for our software in the learning and technology space. We are excited to have this opportunity to take our product to the next level, with a new focus and further investment from a company that shares the same values and vision as our own.”

Notes to editors

About Allocate Software

Allocate Software is a leading international provider of workforce and resource planning solutions, supporting the operational and administrative needs of healthcare, defence and maritime sectors.

In the health and care sector, Allocate is enabling the delivery of safe and effective care at optimal cost, by helping organisations to have the right people in the right place at the right time. With over 800 clients and over a million staff rostered daily, Allocate serves the largest public and private sector institutions around the world. Its Optima, Software-as-a-Service (SaaS), platform including HealthRoster and HealthMedics, optimises the complex staffing requirements of large health and care organisations. Alongside automating sophisticated scheduling and ensuring accurate pay for staff that have complex pay rules, it is unique in providing additional benefits to improve the safety of staffing given changing patient needs, the management of contingent workforce, and the engagement of staff through the dedicated app. Optima is used to plan the working lives of half million staff across all workforce groups including doctors, nurses, therapists, care staff, operational staff and administrators.

Allocate Software is headquartered in the United Kingdom, with over 550 employees, including over 190 in research, development and product management functions. It provides services and support to its international customer base through regional offices in the UK, Sweden, France, Germany and Australia.