Software developers Ideagen scoop ‘Best Use of AIM Award’
Ideagen commended for their use of AIM to achieve strategic growth goals
INFORMATION management software developers Ideagen has won ‘Best Use of AIM’ at the 20th anniversary of the ‘AIM Awards’ sponsored by PWC.
The company, which is headquartered in Matlock, Derbyshire, but which has premises all across the UK and abroad including offices in the US and Dubai, fought off competition from several companies including Finsbury Food Group plc, First Derivatives plc and Palace Capital to win.
Ideagen’s strong organic growth and strategic acquisitions – most notably with the purchase of Scottish Governance, Risk and Compliance (GRC) software developers Gael Ltd earlier this year – helped sway the judges’ decision.
David Hornsby, Ideagen’s CEO, said he was delighted with the achievement, adding: “We are absolutely delighted to have been nominated for this award and so to actually win is testament how far we have come as an organisation and how AIM has helped us achieve our strategic goals.
“The ‘Best Use of AIM’ award recognises companies that regards its arrival on AIM as the beginning of a journey. To be recognised with this award signifies the exciting times ahead for everyone involved in the company.”
The Aim Awards celebrated its 20th anniversary with a lavish ceremony at Old Billingsgate in London on Thursday, October 8th. Sponsored by Winterflood Securities, the ‘Best Use of AIMS’ category was arguably the hardest to predict, with strong competition from the other nominated companies.
However, Ideagen’s steady organic growth increase and the key acquisition of Gael, which doubled annualised revenues, saw the company commended for its best use of AIM.
This year’s awards ceremony hosted more than 1,000 representatives of AIM quoted companies, NOMADS (nominated advisers), brokers, accountants, lawyers and other corporate partners, making it the largest AIM gathering in the City.
David Snell, PwC partner, said: “AIM is 20 years old, and in its relatively short life it has become an important platform for young companies to raise the money they need for expansion. It is also incredibly diverse. Over 100 countries in the world are home to the central operations of at least one AIM company.
"With the focus so often on AIM companies in the spotlight for the wrong reasons, these Awards showcase the hugely successful companies which AIM has helped to achieve their strategic goals.”
Ideagen is a supplier of Information Management software to highly regulated industries with operations in the UK, the United States and the Middle East. With an excellent portfolio of software products, the Group currently has a customer base of 1,500 organisations, helping the likes of BAE Systems, Emirates, Shell and the European Central Bank as well as 150 hospitals in the UK and US, meet their Regulatory and Quality Compliance standards, reduce costs and improve efficiency.
Pictured (left to right) on the evening are Richard Meaney, Director and Head of AIM, Winterflood Securities; David Snell, Partner and AIM Leader, PwC; Jonathan Wearing, Chairman, Ideagen plc (winner); and Bev Turner, awards presenter.
ENDS
Joe O'Brien
Creative Copywriter and PR/Media Executive
Ideagen Ltd
44 (0) 1355 598647
joe.obrien@ideagen-gael.com
About Ideagen Group PLC
Ideagen Plc is a supplier of compliance based Information Management software with operations in the UK, United States and Middle East. The company specialise in eGRC (Enterprise Governance, Risk and Compliance) and Healthcare solutions for organisations operating within highly regulated industries. As authors of an excellent portfolio of software products, Ideagen is able to provide complete content lifecycle solutions that enable organisations to meet their Regulatory and Quality Compliance standards, helping them to reduce costs and improve efficiency.
The Group has shown excellent growth, both organically and through strategic acquisitions, and is listed on The London Stock Exchange AIM market (Ticker: IDEA.LN).
Ownership: UK AIM public listed company – Ideagen Plc - Idea
Accreditations: ISO 9001:2008 certified
High Growth: 62% Revenue growth in last financial year
40%: Employees working within our development environment
1500 Global Customers: Using the Ideagen Suite of products including 150 hospitals in the UK and US & 300 aviation organisations globally
Support: Based in the UK and US, we provide 24/7 support
2000: Year of formation
Ideagen Plc - Commercial Thought Leaders
Ideagen Gael Ltd is a subsidiary of Ideagen Group Plc.
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