Product category:
Enterprise Resource Planning software (ERP)
News Release from: Absoft
Edited by the Manufacturingtalk Editorial
Team on 01 December 2006
Absoft achieves highest Deloitte fast 50
ranking
Absoft now one of the Scotland's Top 10 technology companies.
Absoft Limited, the specialist supplier of SAP solutions and services, has achieved 10th place - its highest ever ranking - in the Deloitte Fast 50 Scotland Awards Programme, which identifies and ranks the country's 50 fastest growing technology companies, based on revenue growth over five years This is Absoft's fourth consecutive appearance in the Fast 50 - the company has been placed no lower than 25th since 2003
This article was originally published on Manufacturingtalk on 5 Oct 2004 at 8.00am (UK)
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Managing director Ian Mechie attributes the company's success to increasing levels of demand for Absoft's software solutions and services within the oil and gas sector and the combined abilities of the company's staff.
He said, "I'm delighted with the company's Fast 50 ranking".
"Absoft has been in business for over 15 years now and this result confirms that we are still consistently achieving excellent levels of growth in comparison with our Scottish technology peers".
This year saw Absoft launch a human capital management solution - HCM Advantage for Oil and Gas - to address the specific people-related challenges currently facing oil and gas industry firms, including talent pool and competency management, resource logistics management and workforce utilisation.
The company's strong focus on the oil and gas market has clearly reaped dividends.
A clutch of lucrative, high-profile contract wins from key industry players such as Total, KCA Deutag, Talisman, ConocoPhillips and FMC Technologies has helped the strong performance in this year's Fast 50.
"The combined efforts of the entire Absoft team - all of whom have played a role helping us achieve this Top 10 position - have been fantastic".
"Reaching this milestone is a terrific achievement".
"Year on year, the bar is raised in the Fast 50 as the competition for recognition intensifies and our staff continually stand up to the rigours of these challenges", Ian Mechie added.
For Deloitte's Technology Fast 50 programme, Neil Cruikshank, Deloitte's Technology Partner in Scotland said: "Being one of the fastest growing technology companies is an impressive accomplishment".
"We commend Absoft for making the Deloitte Technology Fast 50 with a phenomenal growth rate over the past five years".
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