Welsh tech firm eying up £100 million turnover
DevOpsGuys, a Cardiff-based IT consultancy and software development firm, is aiming to make a £100 million turnover over the next five years.
The tech firm has just received £1 million in business funding from Santander Corporate & Commercial to accelerate business growth and create new job opportunities.
In 2013, entrepreneurs James Smith and Steve Thair collaborated on a blog called DevOpsGuys and amassed a respective following as thought leaders in this field.
The following year, they turned the blog into an IT consultancy, and it’s grown rapidly since. DevOpsGuys now employs 70 staff members, succeeding its original target of 40 employees.
As well as this, it recently won two awards for ‘Creative and Digital start-up of the Year’ and ‘Cardiff Capital City Region start-up of the Year’ at the Wales Start-Up awards.
It works with a range of high-profile clients, including Admiral Group PLC, ASOS.com, BAE Systems, DEFRA, Nokia, Fitness First, Waitrose and Travelodge.
The company will use the funding from Santander to continue its growth, with a focus on acquiring new contracts and hiring new members of staff.
James Smith, CEO and joint founder of the firm, said: “The last three years have been extremely exciting as we have grown from a start-up company into a successful business.
“The funding and support from Santander has allowed us to hire new members of staff and grow as a business by targeting new contracts while fulfilling existing agreements.”
Ashley Charlton, relationship director of Santander, said: “DevOpsGuys is a fantastic example of how entrepreneurial spirit can translate into commercial success.
“James and Stephen have combined their individual experience in IT development and operations over the past 25 years and utilised a gap in the market for their skillset.
“We are confident they will achieve their growth plans and look forward to seeing what is next for this dynamic business.”