Incremental’s three-year ambition; 180 staff and £20m turnover
Glasgow-based Incremental Group is aiming to more than double its staff, and reach £20m in turnover, within three years.
In the past 12 months the company has gained 20 clients, including BP, Total, Aggreko, Scottish Leather Group, and the Scottish Government. It said today that its revenue was up 60% over the past 12 months and that headcount at its offices in Glasgow, Inverurie and Manchester has grown from 35 to 70.
As well as its work in oil and gas, the public sector, and manufacturing, the firm is increasingly targeting professional services and corporate markets, Scottish Enterprise said in a statement.
Incremental was founded in 2016, with backing from Maven Capital and the Scottish Investment Bank, the investment arm of Scottish Enterprise. In the same year it bought Inverurie-based IT consultancy group First eBusiness Solutions.
“Technology enables every organisation to achieve more and we’re now supporting the delivery of digital solutions to a diverse customer base across the commercial and public sectors,” said co-founder and chief executive Neil Logan.
The former chief technology officer at Lockheed Martin, and current chairman of The Data Lab, added: “Looking ahead, we are recruiting more multi-skilled digital technologists to support our growth plans including software engineers, data scientists, infrastructure engineers and project managers.”
Silvio Clemente, head of company growth at Scottish Enterprise, said: “This is a great example of how quickly a company can scale up in a relatively short space of time with the right support, the right leadership, but most of all, the right ambition.
“The leadership team at Incremental has vision and confidence in both the quality of their service offering and market position.”
In its launch year the company received £500,000 of Regional Selective Assistance support from Scottish Enterprise to help it expand. Now it has moved from Tontine, the Glasgow City Council supported incubator, to the recently rennovated Garment Factory building nearby.
Clemente added: “It’s fantastic to see … their investment in this impressive new facility in the Glasgow City Innovation District. We look forward to working with the company as it continues to pursue its ambitious growth plans.”
The company’s office was formally opened today by the Minister for Business, Innovation and Energy, Paul Wheelhouse. He said: “Innovative, inclusive and ambitious companies are the future of business in Scotland and Incremental is a great example of this.
“It is fitting that they should take premises in the iconic Garment Factory – bringing enterprise and activity back to what was once the home of a bustling industry for the city.”
“The history and beautiful renovation of this building will inspire those who are lucky enough to work here and I hope that has the effect for Incremental of helping them achieve their plans to add a further 100 jobs in Scotland over the next two years. I look forward to Incremental engaging with our enterprise and skills agencies to grow their business.”