Aberdeen-based Motion Software has targeted further growth after a £600,000 investment in the business.
The company, a leading software, hardware and tagging specialist for the oil and gas industry, has doubled the size of its office premises, based at Grandholm, Bridge of Don.
With support from the Clydesdale Bank, Motion Software has bought the two-storey building outright, having previously leased part of the premises. The new 3,800sq ft facility, which features a training suite, will allow the business to build upon a period of recent success.
Staff numbers have risen from 18 to 25 in the past year, including four personnel who have joined the company in the past six months. Motion Software is looking to recruit an additional four people by the end of 2015.
The company has also recently become a Scottish Enterprise Account Managed client. This has provided access to a wide range of strategic planning and support tools, including growth workshops and an organisational development review featuring research into new product development and overseas markets.
Stephen Burt, managing director of Motion Software, said: “The new office space adds fresh impetus to our business growth strategy and will help us build upon our success to date. The support from the Clydesdale Bank and Scottish Enterprise provides us with a solid foundation on which to move the business forward, including our plans to further grow the size of the team.
“It’s an extremely exciting period for the business with our existing range of products, traditionally built around the oil and gas industry, now being adopted across multiple industry sectors including renewables, insurance and manufacturing."
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