Record sales growth secures APSU top 20 spot in Sunday Times’ Tech Track 100
Record sales growth secures APSU top 20 spot in Sunday Times’ Tech Track 100

Record sales growth secures APSU top 20 spot in Sunday Times’ Tech Track 100

Steve Morris, Chairman & CEOAPSU, the leading IT services provider, has secured a top 20 spot in the Sunday Times Tech Track 100 following record sales growth.

Providing cloud computing and managed IT services for the likes of Aldi, Primark and IBM, APSU was ranked the top company in the south-west of England. Under Founder and Chief Executive Steve Morris, the firm grew sales to £25.6m in 2012. It is now planning to win new business in America and in continental Europe.

Published on 15 September, the 13th annual Sunday Times Hiscox Tech Track 100 league table ranks Britain’s private technology, media and telecoms (TMT) companies with the fastest-growing sales over three years.

Companies on the table include well-known brands such as property website Zoopla Property Group (No 6), online money lender Wonga (No 16) and content recognition services developer Shazam (No 88). Cirencester-based APSU joins the list for the first time at number 20, after seeing 129% annual sales growth over three years.

“APSU has enjoyed significant growth over the last three years primarily due to the development and deployment of its unique, cloud based, managed IT services for companies across all industry sectors. These range from fast food restaurants and retail giants, to the largest technology and IT-consulting companies in the world.

“We are confident that this exceptional growth will continue as we develop and expand our rich, cloud-based offerings for the UK, Europe and worldwide markets. Strategic partnerships with IBM and Independent Software Vendors [ISVs] have helped accelerate the innovation, growth and successful implementation of APSU’s offerings.

“APSU has an exciting and profitable future ahead and I very much look forward to continuing to work with our customers and partners to ensure that we exceed market expectations for both innovation and quality of services.”

Steve Morris, Chairman & CEO, APSU

 

Steve Langan, Managing Director of Hiscox UK and Ireland, the title sponsor of the league table, commented:

The passion, determination and resilience that this year’s Tech Track 100 businesses have demonstrated is no mean feat given the economic context and continued challenging trading conditions. We are pleased to be able to celebrate some of the brave and bold tech companies that exist up and down the country, and hope that their success will now inspire others too.

Steve Langan, Managing Director, Hiscox UK and Ireland

 

The Tech Track 100 league table and awards programme is sponsored by Hiscox and Barclays, and compiled by Fast Track, the Oxford-based research and networking events company.

Average sales growth for the 100 companies was 92% a year, to a total of £2.6bn. The companies collectively employ almost 12,200 staff, having added more than 8,600 jobs over the same three-year period, some as a result of acquisitions.

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