Objectivity

Objectivity

Bespoke cloud software and digital transformation services.

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DateInvestorsAmountRound
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N/A

Acquisition
Total Funding000k

Financials

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Revenues, earnings & profits over time
GBP2016201720182019202020212022
Revenues0000000000000000000000000000
% growth(6 %)39 %31 %7 %(1 %)12 %25 %
EBITDA0000000000000000000000000000
% EBITDA margin2 %6 %7 %5 %4 %14 %4 %
Profit0000000000000000000000000000
% profit margin-4 %5 %3 %2 %13 %3 %
EV0000000000000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x00.0x00.0x
R&D budget0000000000000000000000000000

Source: Company filings or news article

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Objectivity is a technology partner specializing in custom software development, established in 1991 by Rob Helle. The company was founded in Coventry, UK, and expanded its operations with offices in Germany, Poland, and Mauritius before being acquired by Accenture in May 2023. The acquisition was part of Accenture's strategy to enhance its platform engineering capabilities in Europe, integrating Objectivity's team of over 700 employees into its Accenture Cloud First division.

The firm provides a wide array of IT services, including the development of web and desktop applications, cloud solutions, low-code platforms, artificial intelligence, and machine learning. Objectivity focuses on delivering bespoke solutions tailored to the specific needs of its clients, helping them achieve digital transformation and a competitive business advantage. The company serves various sectors, with a notable presence in financial services and retail, offering solutions that range from data manipulation applications to improving the operational efficiency of web platforms. Its business model involves forming dedicated teams that work in close collaboration with clients throughout the project lifecycle, from initial design to development, implementation, and ongoing maintenance.

Keywords: digital transformation, bespoke software development, cloud platform engineering, custom applications, IT consulting, software services, AI solutions, machine learning, low-code development, platform engineering, application maintenance, financial services software, retail technology solutions, web applications, desktop applications, data applications

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Investments by Objectivity

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