BroadSkill again reports 40% growth
BroadSkill, the UK's premier supplier of freelance IT trainers, today announced that revenue growth in 2004 was just under 40%. This is the second year running that growth has been around 40%, meaning that the company has almost doubled in just two years. By comparison, the UK IT training market as a whole declined by 10% in 2003, according to IT Skills Research, and is likely to have been at best flat in 2004.
Particularly strong growth was seen in the provision of instructors for SAP training and in the healthcare market. BroadSkill is a major subcontractor in the provision of patient and clinical administration training to the NHS, delivering around 7,000 training days per annum. Business has also been good in ancillary services, especially project management and the outsourcing of training administration.
Training services are generally provided indirectly and BroadSkill continued to strengthen its relationships with UK training suppliers and system integrators. The company can count CSC, EDS, Hays, HP, Interquad, Parity, QA, SCC, Spring and Xpertise amongst its major partners.
Last year also saw significant growth in the solutions business. Working with its network of over 1500 skilled professionals, BroadSkill provides consultancy and complete IT solutions to customers, particularly in the areas of healthcare, CRM and database systems. This business received increased focus in November with the appointment of Peter Clements to head up the division.
Stephen Fletcher, Managing Director, said: “I’m pleased to report that 2004 was another exceptional year for BroadSkill. Our training services, offering good value and guaranteed quality, have continued to appeal to training suppliers and helped many more satisfied customers. I’m also particularly pleased with the ongoing development of the solutions business. Many new clients are finding that the skills of our associate base combined with our project management expertise provides an attractive and reliable alternative for IT provision.”