Megabuyte, an independent research organisation focused on the Technology sector, uses a proprietary methodology to analyse the financial performance of the top 200 UK based, privately owned software, IT and telecoms services companies, assessing growth, margins and cash generation.
On BigHand’s win, Megabuyte commented, “BigHand is the highest performing Accounting & Enterprise Software business in the Megabuyte50. The company has consistently delivered double-digit levels of organic growth, as a result of competitive displacements, growth within existing accounts, investment in faster markets, such as North America, and expansion into smaller legal firms and other professional services organisations, through its SaaS solution. Meanwhile, margins and cash conversions are particularly strong."
Ian Churchill, CEO of BigHand, says: “Being awarded the Best Performing Company in the Accountancy & Enterprise category is a significant achievement for BigHand. The Megabuyte scorecard is a consistent and completely independent way of measuring a company’s performance and as such recognises our continued strong financial performance, which in turn provides clear independent validation of BigHand’s business model and strategy”.
The final Megabuyte50 list shines a light on the top performing UK headquartered, privately owned, mid-market tech companies. These 50 companies perform, on average, in the top quartile of almost every one of the Scorecard KPIs and the top 10 companies in the ranking all deliver results at the very pinnacle of performance in this group. BigHand was positioned 6th overall.
For more information on BigHand's products & services, please visit www.bighand.com.