A national software company headquartered in the North East has won more than £500,000 of new business after securing two major contracts.
SGP Consulting, which hopes to more than double its turnover of around £500,000, opened its office at Newburn Riverside just six months ago to support existing facilities in Swindon and Bristol, creating 15 jobs in the process.
On recognising the strength of the region’s IT and software sectors, however, founder and managing director Stephen Purvis decided to make the company’s North East base its headquarters and doubled the size of the space it occupied.
Now, just weeks after being added to the Government’s G Cloud framework - an online marketplace for IT suppliers to offer their services to the public sector for commodity-based cloud services - the business has won a new contract with HP at Cobalt Business Park, assisting with the firm’s drive for the highest quality software engineers and cloud computing expertise.
SGP has also secured a £100,000 contract with International Nuclear Services (INS) for the development of a database app to estimate shipping costs. This will save INS - formerly BNFL - time and money year-on-year.
Purvis said: “Since we opened our office in Newcastle, we’ve experienced significant growth, which prompted the decision to make it our main base and double the space we occupy. Now we’re in a position to announce these latest two contract wins, which could be worth in excess of £500,000 to the company.
“We have already said our target was to increase turnover to around £1.25m by the end of the current financial year. However, judging by the way things are going, that could well be a conservative estimation.”
SGP Consulting is also through to the final stages of approval for the Government’s Corporate Software programme, which allows all Government departments and agencies to procure directly from the firm whenever they have a requirement for bespoke business software, consultancy or systems integration.
Purvis added: “What’s particularly encouraging for our business is that we’re not only securing private sector contracts - we’re also being added to Government frameworks like Corporate Software and G-Cloud, which means we’re likely to be awarded work with local authorities as well.
“I am passionate about the North East and its future as a tech centre of excellence, and am particularly proud to have been able to create 15 sustainable highly skilled technical jobs in the region in under six months, with a similar number to follow in the next two quarters.”
SGP Consulting is currently recruiting for experienced software developers.
For more details, contact the company on 0191 580 0330 or email firstname.lastname@example.org.