Client Book Expansion Boosts Be-IT Profits

IT RECRUITMENT specialists Be-IT have posted impressive financial results, with gross profits up by 46% and revenue increasing by 18% to £13million.

A surge in public sector contracts and increasing demand for digital transformation skills across all business sectors have ensured Be-IT’s growth continues despite economic uncertainty.

Established in 2013, and with offices in Glasgow, Edinburgh and Belfast, Be-IT have established themselves as Scotland number one independent IT recruitment firm.

Be-IT CEO Gareth Biggerstaff said: “We are extremely proud of the results we’ve achieved against a politically turbulent backdrop and the uncertainty of Brexit.

“For our business to thrive in these conditions is testament to the quality of the team and is hugely encouraging for the future.

Be-IT, who place 35-40 IT professionals a month, have nearly 200 buying clients across the UK and achieved growth in the last financial year while maintaining the same headcount.

Increasing digitalisation in business and public services, cyber protection, Artificial Intelligence, Robotics and Big Data are currently having a big impact on the Scottish and UK marketplace.

Managing Director Nikola Kelly said: “Be-IT has evolved over the past six years. Digital transformation across all sectors has created greater and more diverse market for our services.

“We’ve seen a big increase in our public sector work, as well as expanding into the financial services sector, utilities and consultancy.

“The sector is vibrant and there are lots of opportunities for us to make the most of. It is an exciting time and we can be very confident of a bright future for Be-IT.”

2020 is expected to be another buoyant year for Be-IT, with revenue expected to grow by 25% to £17 million. 

Gareth added: “We are excited about the year ahead and see tremendous opportunities arising for continued growth in 2020.

“Legislative changes such as IR35, the settlement of Brexit and the expediential increase in demand for technology services are creating opportunities for Be-IT to bring new solutions the marketplace which in turn create new revenue streams which shall fuel further growth over the 12 months ahead.”

Sponsor

Our Other Titles

Latest

Archangels leads further investment in home-grown Scottish innovators

THE Edinburgh-based business angel investment syndicate, Archangels, has led investment of £6.2 million in Scottish early stage companies in the first quarter of 2020.

What are the Advantages of Field-proven Subsea CT Scanners?

What Are the Advantages of a Field-Proven Subsea CT Scanner The upkeep of subsea pipelines, which involves ensuring safe offshore...

Why is human induced vibration so important to engineers and builders?

Engineering and minimising the effects of human induced vibration An important aspect of most engineering and building projects is...

Swipii secures £1 million investment

GLASGOW-based Swipii has secured funding of £1 million into its cashback app. The investment has been made by Scottish private equity company Par Equity,...

Scottish manufacturers harness hydropower in Angola after receiving £70 million in financial support

POWER transformers built to harness Angola’s huge supply of hydropower have been shipped from ports in Tilbury this week, as UK companies...