- Sector: Technology & Digital
- Region: East Midlands
Managing just fine
Ideagen is a leading supplier of information management software to highly regulated industries, supplying governance, risk and compliance (GRC) solutions to companies involved in sectors ranging from healthcare and transport to aerospace and defence.
“Organisations require the tools we provide to help them identify, assess and manage corporate risk while complying with international industry standards,” explains CEO David Hornsby. “Many are only in the early stages of adopting an enterprise-wide approach.”
The company has operations in the UK, mainland Europe, the US and the Middle East, plus a global network of partners that gives it access to Asia-Pacific and South America. In total, Ideagen has close to 3,000 customers, which include seven of the top 10 accounting firms in the UK, more than 80% of NHS Trusts and seven of the biggest global aerospace and defence companies. Clients include KLM, Babcock and PwC, and the global nature of such companies offers Ideagen the potential to expand its sales within these organisations. The gradual adoption of cloud computing and software as a service (SaaS) offerings also gives the company plenty of opportunity to sign up more customers.
“Organisations require the tools we provide to help them identify, assess and manage corporate risk”
“We believe that the strength of our products, and establishing the right business platform, will enable us to play a leading role in the continually growing GRC sector,” says David. “Ideagen’s cloud-based SaaS offering, Coruson, has been very well received within the aviation and rail industries. The product has opened doors to larger, more complex enterprise-level contracts.”
- 3,000 - The number of customers Ideagen has worldwide
Much of the company’s growth has come through acquisitions – and that looks set to continue. “Ideagen is generally an acquisitions-based organisation which adopts a ‘buy and build’ policy,” says David. “We will continue to pursue opportunities to complement organic growth with strategic and bolt-on acquisitions. He continues: “Thanks to the strength of our business model, the quality of our products and the talent of our employees, we think we are in a great place.”