24 May 2017
Tech company SwarmOnline has opened a new Edinburgh office as it prepares to increase headcount over the next 12 months.
The mobile and technology company is headquartered in Glasgow, but has taken on a new office in the capital with space for 20 staff to cope with ambitious growth plans over the coming year.
The company, which already boasts a blue chip client list, is set to launch a range of products over the next 12 months for the energy, homes and credit union sectors. Founder and Managing Director, Andrew Duncan, said: “We are delighted to open our new Edinburgh base. We are changing our strategic focus from purely providing a consultancy service to product development and our new base in the capital is an important statement of our ambitions.
“We are forecasting an increase in turnover to £2 million in the next financial year, an increase of 20%, and the Edinburgh office will play an important role in our growth story. We currently have six staff based here, but aim to increase our headcount to 16. It is important that Scotland continues to produce talented software developers to allow companies such as ours to expand into new international markets.”
SwarmOnline, which was formed five years ago, has developed specialist apps and mobile technology across the oil and gas, financial services and energy sectors in particular and clients include Shell, Aegon, Clydesdale Bank, Scottish Power, E.ON, Etihad Airways and Panasonic.
Duncan has developed an international reputation for expertise in a Silicon Valley software package, Sencha, that is used by 75% of Fortune 500 companies and is a regular speaker at tech conferences around the world. He added: “SwarmOnline represents the Scottish tech scene on the global stage and we have a burgeoning international reputation.”