Softcat awarded at Megabuyte Quoted25 Awards for the third consecutive year

Posted on Wednesday, January 29, 2020
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By The Softcat News Team

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For the third year, Softcat has been recognised as a best performing UK public company, this year in the category of ICT Services, following two previous awards for Infrastructure Services. Taking place at 8 Northumberland Avenue, the awards evening also saw Softcat being placed 17th on the 2020 Megabuyte Quoted25 overall rankings.

The Megabuyte Quoted25 Awards is an annual event and an independent ranking of the UK’s best-performing public technology companies. The awards provide a unique independent measure of public company performance, looking beyond share price. Softcat was commended for latest numbers showing further penetration of Public Sector and Enterprise markets, and the growth of international capabilities.

Graeme Watt, CEO at Softcat, said, “We all work hard to make Softcat the unique workplace it is by building a culture based around our values. That is further reinforced by our Purpose Statement: We help customers use technology to succeed, by putting our employees first. The Megabuyte scorecard acknowledges the results of this approach and I’m really pleased that our people have again been recognised with this wonderful award from Megabuyte.”

Softcat wins at the Megabuyte Quoted25 Awards

Megabuyte is an origination, transaction support and data analytics platform enabling investors, advisers and CXOs to identify, benchmark and monitor UK mid-market technology companies of relevance to them. Rankings are compiled using Megabuyte’s proprietary Megabuyte Scorecard methodology, which scores companies against seven key growth-related financial KPIs.

The rigour of Megabuyte Scorecard analysis, combined with a specific focus on pure-breed technology companies, have made the Quoted25 Awards the most influential benchmarking reference in the UK technology sector.

ABOUT THE MEGABUYTE QUOTED25 AWARDS

The Megabuyte Quoted25 awards are part of the Megabuyte100 award series which collectively celebrates the 100 best performing technology companies in the UK. The Quoted25 awards recognise the 25 best-performing, quoted technology companies within the Megabuyte100 winning company universe. Companies’ performance is determined by their Megabuyte Scorecard rating - a proprietary, and wholly independent, benchmarking methodology that assesses companies’ performance against seven key financial KPIs. The rigour of the Megabuyte Scorecard methodology, combined with a specific focus on technology companies, have made Megabuyte’s award series the most influential and authoritative awards in the UK technology sector. www.megabuyte-awards.com www.megabuyte-awards.com/quoted-25/overview

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