(Advanced), parent company of Advanced Legal, has won the Tech Company of the Year in the prestigious UK Tech Awards 2014. Vin Murria, Advanced’s dynamic CEO was presented with the award at the Park Plaza hotel in London, on 12 November.
One of the UK’s top business success stories, Advanced has grown its market capitalisation to approximately £580m in six years. The business, which employs 2,000 members of staff, is the third largest UK-based software and IT services provider to the UK market.
The UK Tech Awards are sponsored by PwC, and include quoted ‘techMARK’ companies on London Stock Exchange’s main market, as well as AIM tech companies and fast growing and innovative private tech companies.
Advanced fought off competition from three other technology companies including CSR plc, EMIS Group plc and Micro Focus International plc to scoop the prize, which was decided by a panel of 17 judges.
Advanced was recognised by analysts and investors for attaining commercial and financial success through its technological achievements. The business was deemed to have long-term growth potential and sound strategy to successfully deliver commercial advantages and build shareholder value.
Vin Murria, CEO of Advanced, was a winner at the 2013 UK Tech Awards when she was named UK Tech Personality of the Year for demonstrating vision, drive, energy and unswerving commitment to making the company successful.
Vin said: “We are delighted to have won this award, which sets us apart from our competitors and recognises our success so far as well as our strong potential for continued sustainable growth.
“Our strategy of organic growth and complementary acquisitions, as well as the commitment and motivation of the Advanced team, has driven – and will continue to drive – our success. 2015 promises to be another profitable and exciting year for the Advanced Group.”
Advanced provides software and services to both public and private sectors, which enable organisations to improve efficiency, reduce costs and drive growth. The Group recently announced its half year financial results and saw profits increase by 63%.