IT Lab revealed as one of the UK’s best performing technology companies in prestigious Megabuyte50 awards
Megabuyte is the leading authority on the performance of privately-owned, mid-market British software and ICT services firms. IT Lab was placed 30 in a list of the top 50 companies in the country for the second consecutive year.
The announcement was made at Megabuyte’s awards ceremony in London on 15 November. Companies are assessed using a combination of key scorecard measures including size, growth, margins and cash flow. Businesses in the Megabuyte50 awards list perform in the top quartile, delivering outstanding results for their shareholders.
Pete Sweetbaum, IT Lab’s CEO, commented: “To be recognised by Megabuyte, which has 60 years combined experience assessing the performance of software and ICT services companies, is a true accolade. As a hugely respected and independent voice for the sector, our ranking is much to be proud of and testament to the success of our ambitious growth plans.”