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TeamUltra Announces Significant Increase in Revenue for 5th Year

UK’s leading ServiceNow partner demonstrates impressive profit, revenue and staff expansion figures

Berkshire, ENGLAND, 17th July, 2014: TeamUltra (www.teamultra.net) today announced that it had achieved a fifth successive year of rapid growth with revenue up by 59.6%.  A significant increase in profitability has been driven by booming demand for the company’s ServiceNow implementation, integration and consultancy services as well as complementary ServiceNow-certified solutions.  Alongside impressive revenue growth, TeamUltra has expanded its professional services team by 20% to ensure it meets its own high standards for service delivery excellence.

 Mike Beale, Managing Director of TeamUltra said,

ServiceNow continues to be a powerhouse in the field of service management with explosive demand for the cloud based enterprise service management system showing no signs of slowing.  I am delighted that our latest financial performance results reflect the outstanding reputation that we have as ServiceNow experts that guarantee enterprise service management success.  The increase in profit and revenue is matched by greater licence fee income as well as professional services revenue.  We have continually reinvested in expanding the team that delivers our services to ensure we remain the UK’s leading ServiceNow partner.

 TeamUltra’s commitment to ServiceNow excellence is reflected in the sustained high levels for the company’s Customer Satisfaction (CSAT) scores.  This is built on a commitment to delivering service management best practice based on over 300 client projects and implementations.  TeamUltra’s ethos is to invest in the industry’s brightest talent and this is reflected in the on-going expansion of professional services team which is now the largest pool of ServiceNow resources in Europe.

 Matthew Shears, Sales Director at TeamUltra added,

We are currently working on a number of exciting projects.  Our Q1 performance delivered an extremely strong start to the financial year and we are on track to exceed our own growth targets for 2015.  We recently secured one of the largest global ServiceNow contracts which underlines our position as the ServiceNow partner of choice for enterprises looking to either implement a new service management platform, as well as those looking to leverage and optimise an existing deployment.

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