Panintelligence reports 23% jump in half-year turnover to £1.1m

Panintelligence

Leeds software developer Panintelligence has reported a 23% jump in first-half turnover to £1.1m as well as a significant increase in staff numbers.

The group won a number of new orders during the first half of 2019, including a new contract with global retail tech business PCMS, which has customers such as Marks & Spencer, John Lewis and US firm Walgreens.

As part of the contract, Panintelligence data analytics software has been rolled out across thousands of British and American high street stores, providing retail managers with a visual overview of the stores’ front and back-end operations.

Panintelligence said turnover had risen 23% in the half year to June 30 and staff numbers have risen 65%, from 23 employees in June 2018 to a 38-strong workforce in June this year.

CEO Zandra Moore said: “These strong growth figures speak for themselves and we’re well on track to hit our target full-year turnover of £2.4m. Our software is all about the democratisation of data, making it accessible to organisations and helping non-technical people to make sense of it and use it securely to improve business performance.

“The escalating demand for that, without prohibitive up-front costs, is driving our growth and we are seeing new clients and partners come on board all the time.”

“We are known as a down to earth Yorkshire firm and great people to do business with, competing globally in this most innovative of sectors and, thanks to our fantastic team, we are thriving.”

The Panintelligence software operates across a wide range of sectors, from healthcare and local government, to retail and education, and provides real-time business intelligence dashboards and analytics.

In June, the company opened its first overseas office in Boston following a number of US contract wins and a year of market research and business development.

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