How a focus on digital skills could deliver 25,000 local jobs, according to Teesside Uni report
Increasing the digital skills of Teesside’s workforce and businesses is the best way to improve the local economy, says Teesside University. As the Prime Minister Theresa May announced her Government’s industrial strategy, the university has published its blueprint for the local economy. The five-point plan aims to support targets to increase start-ups by 25% and […]
hedgehog lab launches with new office in Denmark before Brexit bites
Newcastle app developer hedgehog lab has opened an office in Denmark as the tech firm looks to grow its business in Europe and ensure access to the Single Market following the Brexit vote. The Copenhagen office has initially launched as a sales and customer centre but the tech firm hopes to further develop the site […]
Rural Leeds business community dig their way to ultra-fast internet with Diva Telecom
A number of small businesses and farms based in Eltofts, a rural area of North Leeds, enlisted the help of a local B2B telecoms provider to build their own private pure fibre network after suffering from staggeringly slow connections. Frustrated by the lack of options available from leading service providers to deliver fast, reliable broadband […]
Sheffield-based Faradion raises £1.3m from Mercia Technologies
Faradion, a low-cost battery material developer, has raised £1.3m in Series B funding from high growth technology investment firm Mercia Technologies. The investment is part of a syndicated round of up to £3.2m alongside existing shareholders, including Finance Yorkshire Seedcorn Fund and Haldor Topsoe A/D. Warwickshire-based Mercia Technologies acquired Enterprise Ventures back in March 2016, and […]
CEO confident in Wandisco performance after 2016 boardroom strife
AFTER a turbulent year for its management team in 2016, the chief executive of software business Wandisco has said he expects further progress towards profitability in 2017. The company, which specialises in Big Data solutions for global business and also has a base in San Francisco, struggled to deal with boardroom strife last year which […]
MBO completed at software firm SRO Solutions
Eccles-based software business SRO Solutions has undergone a management buyout. SRO has been taken over by the company’s operations manager Andrew Carrie and technical manager and managing director Tony Lackey, while Steve Driver becomes non-executive director. The new management team says their move is designed to maximise the current growth potential. The MBO was brokered by law […]
Newcastle IT firm TSG grows profits after owner Graham Wylie invests £1m
The Newcastle IT services firm owned by Sage founder Graham Wylie has seen profits soar after a strategy to focus on building up recurring revenues continued to bear fruit. Latest accounts for Technology Services Group (TSG) show the business increased adjusted operating profit from £67,000 to £387,000, as more clients joined and continued to use […]
Plans for a new innovation campus which could boost economy by £100m submitted
Plans for a £60m expansion of the Citylabs campus have been submitted and if approved – the development is expected to boost Manchester’s economy by £100m bringing 750 jobs to the region by 2020. The new development is being proposed by Manchester Science Partnerships in a joint venture with Central Manchester University Hospitals NHS Foundation […]
Management buyout at Durham’s Indigo Software
A new management team has taken over a Durham software business following a buyout, following the retirement of its founder. Peter McLane set up Indigo in 1980, but the successful completion of a management buyout will see him make way for a new senior team of Mike Hill, chief executive, Bill Ginn, chief financial officer, […]
UKFast shrugs off Brexit doubt to deliver 40% job growth
Manchester-based cloud and managed hosting specialist UKFast has created 100 new jobs, despite Brexit uncertainty, with headcount rising across the firm’s associated brands from 250 to 350 in less than one year. CEO Lawrence Jones, a prominent Remain campaigner, insists that despite unanswered questions surrounding the triggering of Article 50, his firm and Manchester’s digital […]
Age Partnership acquires web tech firm
HEBDEN BRIDGE agency The Marketing Lab has been acquired by Leeds-based retirement specialist Age Partnership.The Marketing Lab’s seven strong team of developers and project managers will join the equity release specialist, led by the former managing director Dan Otterburn. Mr Otterburn is to join Age Partnership’s senior team as head of web development. The Marketing […]
Endless swoops for European IT company
Endless has bought a £70m-turnover European IT company as it continues to shift its transformational investment strategy onto profitable companies. The Leeds private equity house has increasingly focused on acquiring and growing profitable businesses and the purchase of MTI Europe from US-based private equity fund Garnett and Helfrich Capital fits in with this approach. Ed Ransome, […]
Manchester makes Europe’s top 20 list for digital innovation for the first time
Manchester has become a top 20 European digital city according to a recent report which looks at how well different cities support digital entrepreneurship. The latest European Digital City Index 2016, independently compiled by Nesta, the UK Innovation Foundation, ranked Manchester in 16th place out of 60 cities for young digital companies and start-ups. This […]
Bolton NHS Trust turns to Citrix to help with shift from WIndows XP
Bolton NHS Foundation Trust has updated its ageing estate of desktop PCs by implementing Citrix XenApp and XenDesktop. The project will deliver secure desktops and virtual applications via thin-client terminals to clinicians and other hospital staff.
North Yorkshire software company has launched training academy
SOFTWARE specialists are offering to share their expertise to end the need to travel to London for training and meet the demand for talent as the Northern Powerhouse develops. Richmond-based thecitysecret has launched an academy offering individuals and companies a raft of IT training packages, ranging from simple Word and Excel programmes to sophisticated languages […]