Tech Track 100

This Hull-based firm was set up as an internet service provider more than 20 years ago, before changing direction to focus on the cloud computing market. Now more than 3,000 software resellers, consultants and IT service providers use Giacom’s cloud-based platform to buy software ranging from email and document storage, to encryption and antivirus products. Last year it launched a cloud-based alternative to on-site servers, which it offered for free during the pandemic along with existing products, in a bid to help customers stay afloat. Chief executive Mike Wardell, 39, led a management buyout in 2017 from the founder, Nick Marshall, 50, in a deal funded by private equity firm Livingbridge. Sales reached £35.5 last year.

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Company details
Year2020
Rank51
CompanyGiacom
ActivityCloud services provider
LocationHull
Average 3 year sales growth74.90%
Latest sales £000s35,466
Staff63
Founded1999
Websitewww.cloudmarket.com

If applicable:

* supplied by company † annualised figure