Software Europe transforms businesses through cloud technology. From human resources and finance to procurement and legal, our solutions help companies to develop efficient processes; allowing them to more effectively manage people, expenses, and contracts.
We've worked with the NHS since 2008 to create NHS Expenses and now many hundreds of thousands of NHS employees use our technology to recover their expenses. We've also deployed many systems into the commercial sector, contracting with some of the biggest brands in the world.
We fully embraced the experience and used the opportunity to present our thinking for growth. More importantly we were eager to listen and learn from a whole range of specialists. It was a privilege to meet a number of investors and entrepreneurs who could offer practical guidance on growing our cloud-based products. In 2011 we had 18% market share of the NHS with our NHS Expenses solution, that has now risen to 67% and the technology is saving the NHS £Millions every year through policy control, automation and workforce mobilisation. In addition, there was an unexpected extra; the whole experience boosted our teams internally, it was great lift for a small business.
In 2011 we generated sales of £1.9M across our range of cloud technologies.
This year Software Europe has generated sales of £4M.
Very much so. The timing for Software Europe was just right as we entered an amazing growth phase. External guidance and ideas on how to work with the public sector was not only useful but essential. The mentoring also made us check our thinking and question our plans. That was a good thing and we realised that we weren't a million miles away as our mentors acknowledged.
I've watched with interest our fellow ‘ILP'ers’ and have met many of them since to share ideas. We plan to move our technology beyond Europe and so I spent some time with one of the ILP companies that had already successfully done this. Very useful.
There seems to be a lot of support for start-ups, but we would love to see more support for businesses like Software Europe that are now expanding fast and scaling up as the next big thing.