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Innovise has been ranked 18th place in the The Sunday Times Microsoft Tech Track 100, which positions Britain's 100 private technology companies with the fastest-growing sales.

Innovise sales soared 96% a year from an annualised £2.3m in 2007 to £17m in 2010/11, on the back of delivering IT management solutions and services to enterprise customers. A significant element of this growth has been through the successful acquisition of a number of organisations in the Enterprise Service Management area in addition to investing in global operations in the Middle East and Africa.

In addition, strategic investments, in additional Enterprise Management software products have enabled Innovise to provide solutions that drive down both cost and risk for clients when managing complex IT infrastructures

Joe McKenna, CEO of Innovise ESM, commented: "The Sunday Times Microsoft Tech Track 100 awards provide an industry benchmark on performance and 18th place is a great achievement. Given the tough economic conditions it is a testament to the ability of our people in delivering significant returns for our clients.”

Full details are available at http://www.fasttrack.co.uk published 18th September 2011.

About Fastrack

The Sunday Times Tech Track 100 league table ranks Britain's 100 private tech (TMT) companies with the fastest-growing sales over the latest three years. To view the latest league table select 'League table' in the left hand menu.

Tech Track 100 is compiled by Fast Track and published in The Sunday Times each September, with an awards event in November and regional dinners throughout the year.

A typical Tech Track 100 company:

  • is generally owned and run by entrepreneurs
  • has between 20 and 100 staff
  • has average 3 year sales growth ranging from 35% pa to 360% pa
  • has sales ranging from £5m - £50m
  • Around 40% of the companies have venture capital backing

 

About Innovise plc

Innovise is a fast growing IT company with two divisions: Innovise ESM and Innovise Software & Solutions.

Each division is separately managed with its own management team and focused growth strategy. Across the group we seek to partner with best of breed companies to improve the services and solutions we offer. Key partners include CA, Cisco, HP, IBM, IFS, Microsoft and Novell.

Innovise ESM works with IT organisations to improve their ability to innovate and respond to the changing needs of the business. Whether the challenge is reducing costs, corporate governance, taking on new services or consolidating infrastructures, Innovise ESM provides the impartial advice, expert skills and the service management technology to enable IT organisations to manage continuous change.

A domineering force in the FM software industry, Innovise Software’s innovative technologies include the reputable TimeGate, servicetrac, PASS, crm4fm, and Portertrac and solutions.

For further press information, please contact

Stephanie Scott, Marketing Manager, Innovise Solutions stephanie.scott@innovise.com

Ceri Vaughan-Jones, Marketing Manager, Innovise Software ceri.vaughan-jones@innovise.com

Sharon Holland, Marketing Manager, Innovise ESM sharon.holland@innovise.com