DAYSHAPE, a software company using AI-powered engagement planning to optimise resource management, ranked as the fastest-growing tech company in Scotland for the third year in a row and number 37 overall in the 2021 Deloitte UK Technology Fast 50.
The Deloitte UK Technology Fast 50 is an acknowledgement of the 50 fastest growing technology companies in the UK. The winners, ranked on percentage revenue growth over the last four years, were announced at the 2021 UK Technology Fast 50 awards celebration in London.
Founded in 2013 by Andrew Bone and Dr Alastair Andrew, Dayshape works with some of the biggest professional services firms in the world, including two of the Big Four. Dayshape co-founder and CEO Andrew Bone credits the businesses’ recent focus on international expansion and streamlining of their implementation process, of the achievement.
“Dayshape’s international growth is particularly focused on the US, and we have started to hire overseas to support this development. We have also worked hard on our implementation process,” says Bone. “We can’t afford to have massive implementations for every new customer and making the process more efficient makes it economically viable to work with smaller customers. What used to take us up to nine months now takes three.”
At the heart of Dayshape’s growth has been the ability to build trust in their technology. Bone explains, “People can be uncomfortable with automation, and afraid of the impact it could have on their role in future. We have created functionality that helps build trust. Rather than expecting users to delegate full control to the system, we now give them the option to start small and build trust in the system gradually. This trust is at the core of our relationship with our customers.”
Dayshape, like many technology companies, has moved to a virtual-first working model. “Being predominantly virtual has benefits as we can broaden our search for talent,” Bone says. On staff retention, Bone comments, “To grow, we recognise the need to recruit, retain, and invest in the right people. Everyone in the company has share options, one of the measures Dayshape has implemented this year to retain staff and give everyone a vested interest in the success of the company.”
On sustaining Dayshape’s growth, Bone concludes, “The key to our continued growth is the passion of the team. We are all extremely proud of the successes we have achieved together for our customers.”