Reading, UK, 8 March 2018. Livingstone Technologies, an independent Software Asset Management (SAM) Managed Service Provider has been unveiled as one of the top 25 technology scale-ups in the UK, ranked 11th out of 25 peers by Megabuyte (an independent technology sector research provider), at their annual Emerging Stars Awards ceremony.
At the ceremony (supported by sponsors, NatWest and Grant Thornton), Livingstone was also awarded the Best Performing Company award for Security and Infrastructure Software. The following Megabuyte View for Livingstone is published in a special report available here to coincide with the awards:
“Demand for better software asset monitoring and management tools continues to grow, driven by a vendor shift to SaaS-delivered models and growth in the sheer number of software solutions businesses now use. Livingstone has positioned itself well to take advantage of this, not only through a software solution, but a managed, recurring revenue service that has driven strong revenue and margin growth.”
Tim Green CEO, Livingstone Technologies commented,
“Livingstone is proud to be recognised as ‘Best Performing Company for Security and Infrastructure’ in Megabuyte’s 2018 Emerging Stars Awards programme. This award highlights our strong commitment to delivering a software solution the market needs and our ambitions for continued financial performance as we grow the business.”
The Emerging Stars Awards are an annual event and an independent ranking of the UK’s best-performing technology scale-ups. The awards assess the performance of both private and public companies within the ICT Services and Software sectors.
As well as listing the 25 best-performing companies overall, the awards also recognise individual excellence across a number of different performance categories.
The resulting rankings are compiled using Megabuyte’s proprietary Megabuyte Scorecard methodology, which assesses companies’ performance against key financial KPIs. Megabuyte’s awards differ from other growth awards in the superior rigour of their financial analysis and their specific focus on pure-breed technology companies and are widely regarded as an influential sector benchmarking reference.
The Emerging Stars Awards are one of three award series run by Megabuyte alongside the Megabuyte50 Awards, which identify the UK’s best-performing, privately-owned technology companies, and the Megabuyte Quoted25 Awards, which identify the UK’s best-performing quoted technology companies independently of share price performance.
To see Livingstone’s ranking on-line, together with the full Top 25 listing, please click here >.
For further information on Megabuyte please visit www.megabuyte-awards.com