For Immediate Release
1st January 2014
123 Insight Ltd reports record growth in 2013, forecast strong UK economy upturn in 2014
MRP/ERP software developers 123 Insight Ltd reported a 32% increase in the number of new customers in 2013 versus 2012, with predictions of a strong performance in 2014.
Guy Amoroso, Managing Director said; 'The UK manufacturing economy really kicked into place in 2013, with the last two quarters really showing strong performance. The message that we are hearing from directors across all manufacturing types is that they now have the confidence to invest. Their order books have increased and they are now focussed on improving their manufacturing processes and control systems.'
Craig Grant, Operations Director, added; 'What we're seeing is that manufacturing companies are striving for lean manufacturing, examining every process to see where it can be improved. Areas such as serial number tracking, which have traditionally been costly to implement and cumbersome to maintain, are of the greatest interest. Doing the basics well is just as important. Stock control is also an area where many can reap immediate benefits in terms of stock accuracy, faster booking in/out and the ability to identify the whereabouts of stock quickly using mobile devices.'
The company, which provides its software via a low monthly subscription, serves all industries and manufacturing types. Over the last 6 years 123insight has been a finalist, highly commended or winner of 21 awards due to its unique business model. Prospective customers can attend one of several Evaluation Workshops held across the UK. If they feel the product is suitable they can then attend the 6 days of no-obligation training on the understanding that they only pay for the training if they subscribe. Licences are charged at a fixed low monthly fee, with all prices published on the 123insight.com website.
In December 2013 123insight.com website saw a 56% increase in traffic over the same period in 2012, with enquiries via the site also increasing significantly. Guy finalised; 'The tabloid media at times, are all too quick to bash British manufacturing, stating that we no longer manufacture anything. That simply isn't true. The trend is moving to quality and specialist engineering. UK manufacturing is as advanced as it is diverse - and what we're seeing now is that they are going to step up a gear in 2014. We're already nearly fully booked for some of our Evaluation Workshops for January, which is a key indicator of the level of activity out there.'