Amended: Ascertus sees 2019 "business upsurge" driven by moves to the iManage Cloud
Amended to add that Andy Payne has left for NetDocuments.
iManage Work cloud deployments increase 34%; revenue growth split equally between law firms and corporate legal departments
Ascertus says it achieved significant all-round business growth in 2019, with a key driver of the business upsurge being a move by customers to the iManage Cloud.
Ascertus saw an increase in revenue, headcount, new partnerships and expansion into Europe, the company announced today (14 January) and says: “The key driver for the business upsurge has been a sizeable move by customers (34%) to the iManage Cloud, underpinned by the need for improved security, built-in business continuity and reduced maintenance overheads.”
Ascertus provides information and document lifecycle management solutions to professional services organisations and corporate legal departments across industry sectors in EMEA.
Private practice firms that it has moved to the iManage Cloud include North-East London law firm Thirsk Winton, Leeds-based law firm Clarion Solicitors, and North London commercial law firm OGR Stock Denton.
However, the revenue increase is split equally between law firms and corporate legal departments.
“The cloud has truly come into its own as a technology deployment platform,” said Jon Wainwright, sales director at Ascertus Limited. “In 2019 we have seen major take up of iManage Cloud by corporate legal departments of all sizes and in the law firm space, by mid-tier organisations. This clearly signals a maturity in mindset – cost isn’t the only consideration for cloud adoption, elements such as disaster recovery, in-built security and the advantages of always being on the latest version of the solution has been deemed more important. We see this trend and line of thought across Europe.”
Ascertus grew its headcount by 15% in 2019 and reinforced its presence in the UK as well as strengthening its foothold in Europe, especially in Ireland and the Nordic and Scandinavian countries. Additionally, Ascertus has made significant inroads into the pharmaceutical, finance and insurance sectors.
Its hires include Andrew Payne as head of professional services and Chris Davies as head of training and change management. Payne subsequently left for NetDocuments.
2019 saw the company enter into partnerships with Xakia, a provider of matter management systems for in-house legal departments; DMC Canotec, a supplier of managed printer services and document management systems; and Smart Time, a provider of timekeeping software for lawyers.