A small Sunderland business that focuses on IT skills testing has tripled its workforce in less than six months while adding clients like KPMG, Coca Cola, and Direct Line to its portfolio.
Technically Compatible, which helps companies recruiting people in IT and software development roles to test their candidates’ technical skills, has seen headcount rise from three to nine after several months of booming business.
As well as taking on more developers, the company has recruited a sales team to help expand and support its customer base.
Managing director Carl Jones said growth to date had been encouraging.
“Technically Compatible is a young business, and one that is growing at pace,” he said.
“Our client list has increased steadily, with more businesses recognising the value of IT skills testing to their recruitment process.
“We have been able to attract a very talented team to spur on the growth of the business, and are reaping the benefits as a result.”
He added that the cost of a bad hire, especially in IT, could be as high as ten times the employee’s annual salary.
“The service we offer significantly reduces this risk, allowing HR and recruitment teams to have the confidence that they are bringing in the right people with the right capabilities,” he said.
“We have delivered over 10,000 tests this year, which reflects the rapidly growing demand for this kind of software, driven by the increasing importance of the digital economy.”
The company also works with recruitment firms, Hays and Pertemps, who both use the software to test applicants on behalf of their clients.
Technically Compatible was launched in 2013, stemming from software business The Test Factory.
Following a management buy out in August 2014, it has made major strides forward in its platform, adding a wealth of features that allow greater insight into candidates’ technical capabilities.
Dave Smith, chief executive of Sunderland City Council, said: “Technically Compatible is a really exciting business, and one that has the potential to continue to grow significantly.
“In the right environment, and with the right support, we have seen in Sunderland that software businesses can quickly go from small enterprises to big businesses that employ many people from in and around the city.
“We’re delighted that the centre is proving to be that great environment for Technically Compatible.”