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Gloucestershire Business News

Cheltenham tech firm on track to double revenue for second year running

A Cheltenham based software reseller and provider, CloudTamers, rang in the New Year with a second year of consecutive growth.

Specialising in Netsuite and SuiteApp solutions, the company doubled its turnover from 2019 with the company, citing the acquisition of several new global customers as the key to its success.

In the midst of the global pandemic and Brexit, CloudTamers successfully signed multiple new business wins across its portfolio including NetSuite ERP customers, and SuiteApp customers.

In total there were 12 new acquisitions across the year, including new business signings in the Nordics, France, Benelux, Africa and the Middle East.

Nick Eden, CEO, said that the pandemic hadn't slowed growth, "aspirational companies are contemplating how to work their way out of a slower economy with many of them investing their way out of recession. Implementing software which will make you more efficient, will ultimately make you more profitable - even if revenues fall".

CloudTamers Ltd claims to be one of the world's leading providers of integrated Human Resources management for NetSuite and one of a handful of global partners to have developed a complete lease management solution inside the Oracle NetSuite platform.

The firm adds that the software offers business efficiency, in the cloud, to fast growing and aspirational companies.

Mr Eden added: "We are very fortunate that our software has already been tried and tested in a global marketplace. Our HR for NetSuite SuiteApp has been available in the market for around eight years and, whilst it has taken a while for it to be globally recognised, we think we have reached critical mass now and look forward to continuing our global expansion next year".

Plans are in place in 2021 to recruit an international partner network that will be authorised to resell and implement the CloudTamers SuiteApps to aid the international expansion. Meanwhile, closer to home, the software company continues to expand locally, by bolstering its UK team.

"We are still looking for NetSuite qualified professionals to help us with our ongoing projects and new business wins. By the end of Q1 we expect to have increased our headcount by circa 30%," said Mr Eden.

"It has been a very successful year and we really owe our thanks to all our amazing customers and dedicated staff."

For more information, visit https://www.cloudtamers.com, email info@cloudtamers.com or call 01242 862203.

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