2012 Tech Track 100
Rank: 35 Academia
Has sold more than 10,000 iPads in the past six months alone
Founder Mike Bacon started Academia in 2003 with savings of £5,000, and the Enfield company now sells equipment and IT consultancy services to many of Britain’s higher education institutions. Customers include Oxford and Cambridge universities, as well as students and small businesses. Sales grew 81% a year, from £3.8m in 2008 to £22.9m in 2011, driven by proprietary ordering software that dovetails with customers’ procurement systems, encouraging them to stay with Academia. It has also expanded internationally, and bought a stake in a Finnish reseller in 2011.
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Founder Mike Bacon started Academia in 2003 with savings of £5,000, and the Enfield company now sells equipment and IT consultancy services to many of Britain’s higher education institutions. Customers include Oxford and Cambridge universities, as well as students and small businesses. Sales grew 81% a year, from £3.8m in 2008 to £22.9m in 2011, driven by proprietary ordering software that dovetails with customers’ procurement systems, encouraging them to stay with Academia. It has also expanded internationally, and bought a stake in a Finnish reseller in 2011.
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Company facts
Academia
Educational software consultancy
Company website
| Sales growth | 81.40% pa |
| 2011 sales | £22.9m |
| 2008 sales | £3.8m |
| 2011 staff | 48 |
| Founded | 2003 |
| Location of HQ | Enfield |
| If applicable: * = annualised figures ‡ = draft accounts |
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