m-hance, a leading business software developer, has been named as the outstanding technology company in the UK for digital innovation at the Hiscox Tech Track 100 awards. m-hance’s CEO Mark Thompson was presented with the prestigious accolade at an awards dinner at Vinopolis in Central London which was attended by more than 250 guests, including founders and senior directors from well-known technology based companies, including Mind Candy and Zoopla.
The Hiscox Tech Track 100, published in The Sunday Times, ranks Britain’s 100 private technology companies with the fastest growing sales over the last three years. m-hance was ranked in 40th position this year, up 40 places and the second highest climber from the annual league table published in 2012, having made the acclaimed list for the second year running following record growth of 79 per cent.
Mark Thompson, CEO of m-hance, comments, “To win this prestigious independent award in such an outstanding field of technology companies is a major achievement, and one which I am extremely proud to receive on behalf of our talented staff. Thanks to the tremendous support we have received by working closely with our customers, we have been able to quickly develop innovative products that leverage leading technologies to help businesses deliver better productivity and gain a rapid return on investment.”
Following its significant growth, m-hance has invested substantially in developing over 30 of its own intellectual property solutions incorporating world leading cloud, social and mobile technologies as part of its expanding m-hancements product range which provide significant efficiency and productivity savings. These integrated solutions have been developed to extend organisations’ underlying investment in their core back-office business software systems and are tailored to several vertical markets, including construction, distribution, not-for-profit, professional services and sports, hospitality and leisure.
Thompson comments, “This award is testimony to our business strategy of investing in tailored product and value enhancements to fulfil our customers’ increased demands for greater efficiency and productivity gains. As well as being easy to use and containing the very latest innovative functionality, all of our m-hancements provide a tangible and measurable ROI which businesses can expect to achieve in six months or less.”
Thompson adds, “As the undisputed leader of providing innovative businesses solutions to the mid-market, we will continue to invest heavily in developing our own IP solutions which now account for over 50 per cent of our product revenues. With a 50-strong team of developers in the UK, Ireland, and India, we have the agility and experience to quickly bring to market solutions that enable businesses to sustain their competitive advantage and increase their profitability.”
m-hance’s Tech Track 100 success follows hot on the heels of a string of recent accolades for the company’s own IP products. m-hance was named as UK Green champion for the environmental benefits of its Purchase Management solution at the Green Apple Awards and was also a duel finalist in the ‘One to Watch Company’ and ‘One to Watch Product’ categories at this year’s Construction Computing Awards.
Notes to Editors
About m-hance www.m-hance.com
m-hance is a UK-based company providing innovative and functionally rich business software solutions to 2400 mid-market sized organisations including Innocent Drinks, RFU, Viridor, Millennium Hotels, Make-A-Wish, Hewden and Endsleigh Insurance. m-hance’s core solutions offering consists of financial management, CRM, enterprise social networking, SharePoint, HR & Payroll, managed services and software development in a variety of vertical markets including distribution, manufacturing, not-for-profit, professional services and infrastructure.
m-hance has been formed following the acquisitions of Calyx Software, Gyrosoft, Trinity Computer Services and elements of MentecPlus, Touchstone Group and Maxima Holdings plc. m-hance is currently supported by 230 staff from offices in Manchester, London, Dublin, Glasgow and the United States. m-hance also has offshore development capabilities in India.
In September 2013, m-hance was ranked in 40th position in the Tech Track 100 league table as one of the fastest-growing private technology companies in Britain after achieving record sales growth of 79 per cent.
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