Friday 29 April 2022

*UKHotViewsExtra* Fivium: From reactive to proactive

Fivium logoFivium is 16 years old but, we suspect, little known amongst our readership. The company has piqued our interest due to its rapid growth. It is also worthy of our attention as the company has come to a point in its evolution where it is injecting new thinking and making changes its business model.

Fivium was originally established to deliver a single contract for the then-Department for Trade & Industry (DTI). Since then, it has predominantly grown by word of mouth, and has achieved strong double-digit growth over the last couple of years. Revenues come from a mix of its eCase SaaS solution for correspondence case management; agile development project work; and managed services. Around two-thirds of revenues are from the UK central government market.

UKHotViews Premium logoThe changes we are seeing at Fivium include its aim to shift to a SaaS model; its drive to inject a product mentality into the business; and its push to enter new markets. To read more about the road ahead for Fivium, TechMarketView subscribers can read Fivum: From reactive to proactive in UKHotViewsExtra now. If you are not yet a subscriber or are not sure if your organisation has a subscription to our services, please contact Deb Seth to find out how to access.

Posted by Georgina O'Toole at '09:30' - Tagged: publicsector   centralgovernment   saas   software   platform   digital   managed+services