Eficode Propels Forward with Strong Customer Demand

Eficode, a leading provider of DevOps, Agile, cloud, and ITSM solutions and skills, has announced that it grew 170% in its last financial year.

The company's compound annual growth (CAGR) during the previous four fiscal years was 70%. Eficode's growth was driven by strong customer demand for consulting expertise and sales of licenses, cloud subscription for software development tools, and managed services. The company has also received significant investments from Investcorp, a leading global alternative investment firm, which became a majority shareholder in Eficode. In addition to its organic growth, Eficode has made several acquisitions, including Avoset and Clearvision, to expand its business both organically and inorganically with Investcorp. The United States and the United Kingdom have become key regions for Eficode, while Continental Europe continues to grow organically.

Eficode has also been shortlisted by Best Companies as one of the best small companies to work for in the UK. As a notable development in customer demand, consulting services and tools to capitalize on Artificial Intelligence in software development have surged rapidly. Eficode is working with all major technology companies in the software development industry to build a way to global leadership in the ecosystem and to be a driving force during the era of AI-driven software development. Gartner recognized Eficode as a Representative Vendor in the recent Gartner® Market Guide for Digital Accessibility. Eficode partakes in the advisory councils for all its major technology partners, Atlassian, GitHub, and GitLab, thus shaping the software development tooling and consulting industry.