Software firm sees huge growth in export markets
A Warwickshire software company, which has grown its staffing and turnover, has seen its export market grow to 70 countries.
Vectric, which moved to Alcester in 2016, makes software for CNC machines used both in industry and by hobbyists. The company now boasts 70,000 customers worldwide.
The firm now exports all over the world – with North America being its biggest overseas market.
Brian Moran, the owner and managing director of the company, said the business up in 2005.
He said: “The company is growing – we’ve just risen to 20 staff and turnover is forecast to be up by more than 30% this year.
“We are exporting all over the world and we believe one of the secrets to our success is just how easy it is to use the software.
“Many of the CNC machine manufacturers supply their customers with our software but we are also very popular with hobbyists. In the US, there is a growing culture of people buying their own machine to use in their home workshop and our software is used to help them create woodwork that would be extremely complicated to do by hand.”
He said sales were also strong in Germany and Spain, while the firm also a presence in China and India.
The firm’s achievements have seen it recognised as the Export Business of the Year in the region’s Chamber Business Awards.
Vectric will now go forward to represent the West Midlands in the national finals, which take place in London in November.
Louise Bennett, chief executive of the Coventry and Warwickshire Chamber of Commerce, said: “Vectric are an incredible success story and they very much deserve this honour.
“We look forward to finding out if they pick up the national award and also working with them on their growth plans for the future.”
Pictured from left: Edward Powell (Vectric), Louise Bennett (Chamber of Commerce), Chris Lawrie (Vectric), Brian Moran (Vectric) and Ajay Desai (Chamber of Commerce).
