Edinburgh, UK, 13 November 2019 – Airts, a software company using AI technology to power professional services planning, ranked number 19 overall and first in Scotland in the Deloitte UK Technology Fast 50, a ranking of the 50 fastest-growing technology companies in the UK. Rankings are based on percentage revenue growth over the last four years. Airts grew 1,558% during this period.
CEO Andrew Bone credits the power of Airts’ product, Braid, and a values-driven culture with the company’s growth over the past four years, saying, "Braid is business critical to our customers. It’s used to plan who’s working on what, when, and where, and drives client delivery, staff morale, and financial performance. We’re delighted to be recognised for our growth, and determined to grow sustainably to protect the strong team culture we’ve built."
Duncan Down, lead partner for the Deloitte UK Technology Fast 50 programme, said: “The Deloitte UK Technology Fast 50 is internationally revered as one of the most important business awards in the industry.”
“Being one of the fastest growing technology companies in the UK is an impressive accomplishment. We commend Airts for making the Deloitte UK Technology Fast 50 with a phenomenal 1,558% growth rate over four years,” said Garry Tetley, Deloitte’s technology partner for Scotland.
This year, Airts won the ScotlandIS 2019 Best New Product award, the Scottish Accountancy & Financial Technology Award, ranked 5th in the Scotland Tech 50, was a finalist in the National Business Awards and the Great British Entrepreneur Awards, and is a finalist for the Scottish Tech Start-up Awards.
Notes to editors
Airts is an AI-focused software company, born out of the co-founders’ shared passion to use technology to improve people’s working lives.
They created Braid, an AI-powered planning platform designed for professional services firms. Braid enables these firms to plan, manage, and adapt complex projects quickly and easily, optimised to their business’s objectives, with clear visibility of economic performance. Braid creates and maintains an optimal bespoke workforce plan by processing more than 50,000 scheduling options per second in real-time. When disruptions occur, Braid can respond instantly to maintain the most optimal plan. It’s future-proofed AI technology built to empower professional services practitioners to redefine what’s possible.
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About the Deloitte UK Technology Fast 50
The Deloitte UK Technology Fast 50 is one of the UK’s foremost technology award programmes. Now in its 22nd year, it is a ranking of the country’s 50 fastest-growing technology companies, based on revenue growth over the last four years. The UK Fast 50 awards are all about growth driven by leading intellectual property and are a celebration of innovation and entrepreneurship. The UK Technology Fast 50 is part of an international programme run by Deloitte and qualifying entrants of the UK Fast 50 will be put forward to the Deloitte Technology Fast 500 EMEA (Europe, Middle East and Africa) programme. Previous winners have come from across the UK, are both large and small, and included some of the most dynamic players in all areas of technology, from internet specialists to biotech, digital media technology to life sciences, computers to semiconductors and software to telecommunications.
For more information visit www.fast50.co.uk.