News
2007/08 financial results
SDLC Solutions surpasses revenue target
With a 32 per cent revenue growth for the 2007/08 financial year and a final revenue figure of nearly £9.5m, SDLC Solutions has surpassed its expected financial targets for the year.
“We’ve managed to achieve our targets this year by securing long-term deals with major clients and strengthening industry partnerships,” said Pete Stock, managing director. “We’ve worked with clients to develop business models that reflect commercial reality and improve return on investment. For example, our managed off-shore model blends local management and strong processes with cost-effective off-shore resources. Clients achieve cost savings that enable them to be competitive with no compromise on the quality of deliverables.”
David Hallam, new business director, agrees. “Under the current economic conditions, we have seen a general tightening of IT spend in many organisations and, as a supplier of software testing services, we are impacted. We know we cannot afford to be complacent but I am pleased to say that the results of our recent client survey have reinforced the fact that we continue to provide a valuable service to our clients.”
Concludes Pete, “This year’s financial results are a testament to our business approach. We’ve listened to our clients, understood their requirements and responded accordingly. Throughout the company, our performance has been consistently high and growth has been the result. We expect no less for this financial year as SDLC Solutions continues in its commitment to delivering quality and value to clients.”