Aspire Technology Solutions has reported a 23.6% increase in revenue for the year ending 29th February 2024, reaching almost £40m.
Growth has been supported by a minority investment from LDC in March 2022, enabling the Group’s strategic initiatives, including the acquisition of Cloud Cover IT earlier this year.
The company’s headcount surpassed 280 as of August 2024, with a notable 35% increase in Glasgow. To house this expanded workforce, Aspire is set move into a larger city centre office this autumn.
Chris Fraser, CEO at Aspire, said: “. This move will enable us to better serve our customers, accommodate our growing team and continue our expansion in Scotland.”
In FY24, Aspire invested £1.7m to advance its private cloud technology stack and expand its connectivity network.
The Group’s next generation Security Operations Centre contributing to a 97% year-on-year increase in security-related revenues, building on the 98% growth already achieved in the previous year.
Fraser added: “Our focus on cyber security and modern workplace solutions remains a top priority, as businesses increasingly rely on secure and accessible data in an ever-evolving threat landscape.”