NEWS AND VIEWS

123 Insight Ltd sees double-digit growth in 2014

  • Learn more by visiting an itSHOWCASE Software Discovery Day at a venue near you

    Register Me

MESL-Microwave-300x225ERP/MRP developers 123 Insight Ltd reported over 10% growth in its home market of the UK, whilst also expanding operations in India.

2014 saw the company achieve over 10% growth in its customer base with turnover also growing significantly. The company’s business model is centred on a low per-licence monthly subscription fee, with no minimum period, which has seen consistent year on year growth.

Subscriptions in India saw the most significant increase, with the customer base growing 25% in 2014.

Said Guy Amoroso, Managing Director: “Our unique business model means that we are always profitable yet can still invest almost a quarter of our revenue back into development, which in turn simply results in satisfied customers. We held our largest ever open days for existing customers, releasing 123insight version 10 at the end of 2014 to overwhelmingly positive feedback.”

Related post:  Digital transformation – the missing piece

You might also like:

  • Azzure IT

  • Epicor

  • Medatech