Manchester-based cloud and data science specialist Cloud Technology Solutions (CTS) is targeting turnover of £40 million this year, following a 50% increase in revenue to £27.5m in the year to March 31 2019.
Following significant investment from NorthEdge Capital in March 2018, CTS has increased its headcount from 95 to 160; opened a new office in Frankfurt; enjoyed a record year for customer wins; launched new software solutions under its rebranded CloudM product suite; and completed a merger with Netherlands-based machine learning experts Qlouder to create the largest full-stack Google practice in Europe.
Revenue growth has been most rapid in CTS’s public cloud transformation practice, which has trebled in size to a team of over 50 cloud architects, data scientists and machine learning specialists.
James Doggart, CTS Chief Executive Officer, said: “These strong figures demonstrate that organisations have well and truly embraced cloud transformation. The focus of many of our customers is now moving towards looking at how they can disrupt their markets through the use of data science and machine learning, something we’re specialists in at CTS. The integration of machine learning informed by in-depth data analytics will completely revolutionise many industries and we are helping a number of businesses to capitalise on this paradigm shift.”
CTS was selected as Google’s partner of choice for all higher education Google Cloud Platform (GCP) opportunities in Europe and, at Google Next in San Francisco, was named the 2018 Google Cloud Global Enterprise Collaboration Partner of the Year.
Watch out for James Doggart’s View from the Channel.