90 Version 1

Doug Woodburn
clock • 1 min read

Revenue: £49.1m (+7%)

Net profit: 9%     Staff: 382

Counting Oracle, Microsoft, Red Hat and AWS as its four key vendors, this Dublin-based ERP and digital services specialist claims it is now a €200m-revenue outfit following its acquisition of Belfast-based peer Nueda in June. Version 1's London-based UK arm saw revenues bounce seven per cent to £49.1m and net profits pogo from £3.9m to £4.4m in calendar 2020. It recently developed a chatbot solution for Ordnance Survey's website.

Covid impact

The pandemic has - if anything - played into Version 1's hands by "underpinning" some of the drivers that are fuelling demand for its public-cloud enabled digital and ERP transformation services, it claimed. The UK arm consequently enjoyed "resilient" trading last year.

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