App creator ‘confident’ as it explores new markets

Dundee-based mobile and Internet of Things (IoT) specialist Waracle has made a key appointment as it looks to strengthen its position in the mobile healthcare market. The firm, part of the wider Exception Group, has recruited former Digital Health and Ca

Ewing’s appointment was key to its strategy in the mobile healthcare arena.

“Justene will help us to deliver much needed support to the healthcare sector, helping to save organisations money while improving the quality of life for so many people.”

The moves comes as Waracle’s accounts for the 18-month period to December 31 2016, were published at Companies House.

The documents show the firm produced revenues of £4.8m and pre-tax profits of £820,000 – respective uplifts of 159% and 152% on the prior period.

Exception chairman Martin Burke said the firm was excited about Waracle’s outlook for 2017 and looked forward to the year with “confidence and enthusiasm” as the mobile and IoT app market continued to develop at an ever-increasing pace.

“Our strong performance was underpinned by major customer wins in financial services, energy and retail, which reflects the growing demand for mobile and IoT services across all sectors,” Mr Burke said in his strategic review to Waracle’s accounts.

“With a strong sales pipeline, we expect demand for Waracle’s services to accelerate significantly in 2017 as organisations increasingly invest in digital transformation initiatives.”

Exception Holdings Limited acquired a majority shareholding in Waracle in December 2015.

The firm has since moved into new state-of-the-art premises in Dundee’s Bash Street and has continued to grow.

Picture: Alan Richardson. New recruit Justene Ewing with Waracle chief executive Chris Martin.

Rapid growth in the digital sector is predicted to continue.