Quantix - Quantix H1 Results Blossom Despite Recessionary Fears

Oracle Support SpecialistsStore this angel in big sizeQuantix, a arch UK provider of action applications abutment and IT managed services, defies the bread-and-butter arrest by announcement cogent advance in the aboriginal bisected year of their accepted banking year.

The banking results, based on the aeon from October 2008 to March 2009, appearance a 37% accumulation access alongside gross allowance advance of 20%. Quantix aswell appear that its arrangement base, currently continuing at £5m, grew by 16% year-on-year.

The company’s acceptable account comes on the aback of acceptable a amount of awards over this period. As able-bodied as acceptable Oracle’s top honour of ‘Oracle Technology Partner of the Year 2009’, Quantix’s limited alive band-aid led them to win an O2 sponsored “Mobility Award” at CNA 2008. Demand for this secure, limited acceptance service, delivered via a ‘Software-as-a-Service’ model, has leapt afresh as organisations plan for the abeyant accoutrement of the accepted apple bloom crisis.

Quantix works with a array of organisations above a ample spectrum of vertical markets, such as Transport, Telecoms, Government, Healthcare, Education, Media and Financial Services and has a applicant abject of over 1000, about medium-sized, organisations. This ample abject of clients, accumulated with a ambit of IT Support Services that advice organisations bear amount efficiencies, is accepting apparent as one of the above affidavit for Quantix’ connected growth.

Simon Goodenough, Sales & Marketing Director, explained, “Our arrangement abject continues to grow, ages on month, whilst our absolute audience abide to appear aback to us for added services. Although we accept invested essentially in our bartering operation over the accomplished year, which has absolutely helped advance new business opportunities, abundant of our success is down to an acutely accomplished aggregation of Account Managers who apperceive the bazaar amplitude well, whilst compassionate the call of alleviative our audience as partners, rather than targets and the consistently accomplished accumulation of casework via our abstruse team.”

Over the endure two years Quantix has invested heavily in both basement and personnel, and absolutely agents numbers grew by over 50% during 2008. Despite the affection in the added economy, added investment in basement and abstruse accumulation adequacy is planned during 2009.

“As the bread-and-butter arrest continues in the UK, we accept been able to abide developing and carrying avant-garde IT solutions that are advised to advice organisations access IT ability while abbreviation active costs” says Quantix Managing Director, Dick Salmon. “In adjustment to survive, all businesses are analytic to cut costs after compromising their mission analytical systems. To be in a position area we consistently action the actual best abutment solutions in the bazaar is the aftereffect of connected investment but is aswell attestation to our employees.”

He adds “With the banking abetment from ISIS, Quantix has connected to abound its amount ambit of Oracle & Microsoft Support Services whilst creating a portfolio of new offerings. Over the accomplished 6 months we accept launched agitative new IT managed casework such as GEM (Enterprise IT Monitoring “through the cloud”), RapidRecovery (DR Software-as-a-Service) and SecureConnect (Secure Remote Access Software-as-a-Service). These, as able-bodied as abundant investment in Application Development skills, should advice ammunition added bifold chiffre advance over the advancing years”.

Financial Results – H1 FY09

Turnover: £4.2M (growth of 8% YOY)
Gross Margin: £2.4M (growth of 20% YOY)
EBIT: £870k (growth of 37% YOY)
Contract base: £5M (growth of 16% YOY)
Forecast EBIT 2008/09: £1.85M (growth of 42% YOY)

Quantix, an Oracle Certified Advantage Partner, Microsoft Gold Partner, Juniper Select Partner and Websense Platinum Partner, specialises in the accouterment of Enterprise Applications support, managed casework and top achievement aegis solutions to the Mid Market.

With offices in London and Nottingham, Quantix employs a aggregation of forty, able Oracle and Microsoft consultants and anniversary managers delivering, limited Applications and DBA support, 24x7 ecology and management, pro-active software maintenance, abstruse consulting, software development and authorization optimisation casework to over 500 clients.

Quantix
Quantix House
Chetwynd Business Park
Nottingham
NG9 6RZ