29 Sept 2008
IRIS has been named as one
of Britain’s fastest growing technology companies in Sunday Times
Microsoft Tech Track 100. In its first appearance in the annual
league table, the software and services company soars straight into
the top 50 and is ranked No
46.
The table is produced by Fast Track, an independent research
company that tracks the progress of Britain’s top performing
private companies, and can be downloaded
here.
Now in its eighth year, this prestigious league table ranks
Britain’s fastest growing private technology companies by their
sales growth, measured over a three year period. IRIS demonstrates
a 64.87% increase in sales with year end figures for 2008 recorded
as £94.9m, up from £21.1m in 2005.
The Tech Track 100 league table is said to "provide a snapshot of
some of Britain’s best performing technology companies at a pivotal
moment in the economic cycle" and highlights those firms "that are
likely to go on flourishing as the economy turns down."
IRIS sets an excellent example of sustainable and managed
growth, providing stability to its 60,000 customers with leadership
positions in the markets it operates in:
- The no 1 provider to UK accountancy practices
- The no 1 provider to UK law firms, barristers and coroners’
offices
- The no 1 provider to the UK not-for-profit sector
- The no 1 provider of payroll and accounts software and services
in healthcare
- The no 2 provider of payroll and HR software solutions,
providing payslips to c10% of the UK workforce
- An award-winning provider of accounting and ERP systems to UK
businesses
- A leading provider of specialist software for:
- sports clubs (75% of premier clubs use IRIS)
- field service companies
- IT divisions of major organisations
- higher education and commercial training
- architects
- engineers
The emphasis IRIS places on product and service excellence is seen
as an important differentiator and is evidenced by one of the
highest customer retention rates in the industry, 95%.
Over the last seven years, Martin Leuw, CEO, and his team have
‘masterminded’ a transformation of IRIS from a company with a
single focus to a software and services company that operates in a
clearly defined range of professional service sectors where the
automation of key tasks is proven to save time and money.
Martin commented on the results “We are delighted that IRIS’
carefully managed growth programme has been recognised by this
year’s Sunday Times Microsoft Tech Track 100 league table. We
believe we offer our customers a unique combination; the
development of innovative products using Microsoft technology in a
range of clearly defined market sectors, one-to-one personal
service and both reliability and stability in a rapidly changing
world.”
Read
the full report (PDF format)