Dorset technology innovation business showing excellent growth with new services

There is still great demand for technology services and innovation in the UK and Europe, despite difficult conditions, according to Dorset-based Andrew Radcliffe, co-founder of Spyrosoft and Managing Director of Spyrosoft, Ltd.

Local business leader, Radcliffe, who heads up the leading technology services business, which has new UK headquarters at Bournemouth airport’s Smartbase, said the group’s revenues had increased by almost 90% (y/y). Their net profit also grew by 69% (y/y) and their EBITDA margin amounted to 15.9% y/y. 

Spyrosoft, which launched in Wroclaw in Poland in 2016, is now one of the fastest growing specialist technology companies in Europe supporting businesses globally with high-tech digital engineering projects. 

With 1,271 global employees and associates the company is recognising its growth targets and goal to be an outstanding employer. Locally the company continues to recruit, with more than 25 specialists based in the modern Dorset offices. There are plans to recruit more experts as they head into 2023.

“Once again, demand for Spyrosoft technology services has grown and we see this continuing into year-end and 2023. In the first half of the year, we were delighted to welcome an additional 38 new customers to our global customer portfolio with Group revenue increasing 90% year on year.

Locally, our UK market share continues to expand, particularly in financial services, resourcing, and geospatial domains, and I’d like to thank the whole Spyrosoft team for their hard work and dedication in helping to deliver innovative technology solutions in collaboration with all of our customers.”

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Notes for Editors: 

Spyrosoft was created in 2016 to fill the growing gap between technology and business and to bring those two together.  

Strong technological competence allied with domain knowledge and many years of business experience enables Spyrosoft’s software engineers to create innovative solutions across a wide range of sectors. 

Spyrosoft is one of the few software engineering companies to offer comprehensive solutions - combining embedded and enterprise domains and implementing end-to-end systems from embedded software to cloud applications. 

Media enquiries to Sophie Smith Head of UK Brand and PR at Spyrosoft - (+44) 07493523354 or ssm@spyro-soft.com

For more information on Spyrosoft see spyro-soft.com