Announcing half yearly results today of £500K, Edge Testing is forecasting an annual turnover of £1.2m in year three. Since its launch at the end of 2007 the award winning IT company had already achieved a strong revenue growth rate from £170K in year one to £500K in year two.
Edge Testing is a powerful independent force in software testing, working with some of the UK’s leading public and private sector organisations including Heineken, Historic Scotland and Ignis Asset Management.
This month sees the company open its new headquarters in Maxim Business Park to accommodate its growing workforce, now standing at 12. Maxim is a £330 million development, the UK’s largest speculative build, aiming to attract 8000 jobs to North Lanarkshire.
The company has also completed a full rebranding exercise, part of which includes the re-launch of its website which can be seen at www.edgetesting.co.uk.
Earlier this year, Edge Testing won Best New Business in the Lanarkshire Business Awards 2010. This award is for businesses less than three years old that demonstrate a high degree of entrepreneurship and vision for the future, with the potential for further growth in turnover, profits and employment levels.
Founders, Susan Chadwick and Brian Ferrie, are respected as two of the UK’s leading experts in software testing. It is their strong personal reputations in the industry that gives Edge Testing a competitive advantage and has allowed the company to buck the trend of recession, having launched just months before the collapse of world markets in 2008.
Susan Chadwick, Edge Testing’s co-founder comments: “We are incredibly proud of what we have achieved in three short years and it is thanks to the whole Edge team and our focus on service excellence, thought leadership and our unique solutions that has helped us, not only to weather a stormy market but to prosper. We are very excited about the future and what we can achieve for software testing as an industry and the IT sector as a whole in Scotland.”
Edge Testing ties software testing to business strategy and directly affects the achievement of business objectives. Technology and sector independent the company has a broad client base and is able to target all markets. Again this has meant it has been well placed to ride the difficult economic environment of its early years.
The Edge Testing business model takes a holistic and business focused approach to testing, supported by an ethos that ‘prevention is better than cure’ and recognising that cost to fix increases exponentially the later in the project lifecycle that issues are identified. It is these potentially extraordinary levels of cost that Edge Testing addresses – enabling clients to decrease overall project costs and time to market. In essence testing pays for itself.
Software testing is still a maturing industry and Chadwick and Ferrie have led a movement to establish a community of software testing professionals that can share best practice and help shape the growth of the profession.
