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Growth steady for e-conomic - at 60% a year

Posted by Stuart Lauchlan in Applications on Wed, 25/03/2009 - 11:44

Danish accounting SaaS provider e-conomic bucked talk of recession by reporting a 60% increase in turnover to £3.8m in 2008. 

 

Having expanded from its base in Scandinavia to the UK last year, the company is now lining up localised service nodes in two new European countries, CEO Torben Rasmussen told BusinessCloud9.com.

The company will need to expand its footprint rapidly to meet an ambitious target to support 100,000 customers within three years - a fivefold increase. Germany is likely to be the next territory for expansion.

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