This developer’s artificial-intelligence-driven software platform automates business functions previously undertaken by staff, increasing productivity and driving down operating costs for clients. It was founded in 2013 by chief executive Terry Walby, 50, and now generates half its revenue abroad, selling into 28 countries across five continents. Sales hit £16.9m in the year to May 2018. Further international expansion is planned. After opening offices in New York and in Austin, Texas, North America is a key target.

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Company details
Year2018
Rank4
Companythoughtonomy
ActivityAutomation software developer
LocationEast London
Average 3 year sales growth205.20%
Latest sales £000s*16,916
Staff100
Founded2013
Websitewww.thoughtonomy.com

If applicable:

* supplied by company † annualised figure