Table of Contents
- Key Highlights:
- Introduction
- The Rise of de Novo Solutions
- The Power of a Local Foundation
- Expanding Horizons: Global Aspirations
- Nurturing the Next Generation
- Events and Initiatives: Sparking Interest in Tech
- Addressing the Digital Skills Crisis
- The Vision for a Tech-Driven Future
- Conclusion: Letting the Dragon Roar
- FAQ
Key Highlights:
- de Novo Solutions has been recognized as the fastest-growing business in Wales and ranked eighth in the Sunday Times 100 Fastest-Growing Companies.
- The company’s success reflects the burgeoning strength of the Welsh tech scene, emphasizing a collaborative environment and local talent development.
- Founder Mark Sweeny envisions transforming Wales into a global tech leader, capitalizing on existing strengths while addressing the digital skills gap.
Introduction
Wales is often viewed as a backdrop to the larger tech narratives emerging from the UK, but that perception is rapidly changing. The recent recognition of de Novo Solutions as Wales’s fastest-growing business and its impressive ranking among the top ten fastest-growing companies in the UK signifies a pivotal moment for the region. Founded by Mark Sweeny, a seasoned entrepreneur with a history of successful ventures, de Novo is not just riding the wave of growth; it is actively shaping the landscape of Welsh technology. This article delves into the factors driving de Novo’s success, the broader implications for the Welsh economy, and Sweeny’s ambitious vision for the future.
The Rise of de Novo Solutions
Founded in Newport, de Novo Solutions has made a name for itself through a commitment to innovation and excellence. The company specializes in delivering Industry Cloud Solutions, leveraging advanced platforms like Oracle and ServiceNow to provide tailored services that focus on long-term value. This strategy has proven effective, securing contracts with major government entities such as the Office for National Statistics, HM Treasury, and the Ministry of Justice.
Mark Sweeny attributes this rapid ascent to a unique blend of experience, strategic thinking, and a commitment to fostering a strong local identity. “It’s a massive achievement,” Sweeny stated, reflecting on the company’s national recognition. “Ranking in the top 10 nationally is one thing, but to do so from our base in South Wales shows the strength of the region.” This sentiment underscores the growing visibility of Welsh firms on the national stage, moving beyond being mere footnotes in the tech landscape to becoming influential players with global reach.
The Power of a Local Foundation
Establishing de Novo Solutions in Wales was a deliberate choice for Sweeny. He recognizes the advantages of operating in a smaller, yet dynamic environment where the company can significantly impact the local economy while extending its reach globally. “It’s in our DNA,” he explains, emphasizing that being based in Wales allows de Novo to be “a big fish in a small pond.”
This local focus extends to the workforce as well. By tapping into Welsh Government apprenticeship schemes, de Novo is addressing the UK’s broader digital skills crisis. Sweeny is passionate about cultivating talent within the region, believing that a well-trained workforce is crucial for sustaining growth and innovation. “We’ve got a talent pool that’s just waiting for opportunities,” he asserts.
Expanding Horizons: Global Aspirations
As de Novo Solutions continues to grow, Sweeny has his eyes set on international expansion. The company is planning to increase its operational capacity in Chennai, India, which will enhance its ability to serve global clients effectively. This strategic move not only boosts capacity but also positions de Novo to leverage the growing tech talent available in India.
At home, de Novo is diversifying its service offerings by exploring Business Process Outsourcing (BPO) solutions, particularly in payroll services. This expansion into BPO allows the company to utilize its cloud-based technology to streamline processes and deliver added value to clients. Sweeny’s vision encompasses more than just traditional tech services; he aims to create a comprehensive ecosystem that supports businesses in various capacities.
Nurturing the Next Generation
Sweeny’s commitment to developing local talent is evident through de Novo’s “New Gen” program, which aims to equip apprentices and graduates with essential skills beyond technical knowledge. The program emphasizes personal finance, presentation skills, and leadership, preparing participants for the challenges of the modern workforce. “We’re shaping rounded professionals, ready to thrive,” he notes, highlighting the importance of holistic education in today’s economy.
However, Sweeny believes that systemic changes are necessary to fully realize the potential of Welsh talent. He advocates for an overhaul of the school curriculum to better align with the needs of the current job market. “We have to teach what’s useful in today’s economy,” he argues. By fostering a culture of innovation and adaptability, Wales can cultivate a workforce that meets the demands of a rapidly changing technological landscape.
Events and Initiatives: Sparking Interest in Tech
Community initiatives and events play a critical role in nurturing interest in technology among young people. Events like Wales Tech Week serve as platforms to showcase local talent and innovation. Sweeny emphasizes that while these events are beneficial, they must be complemented by sustained efforts to promote tech education and career pathways.
The collaborative spirit within the Welsh tech community is another vital factor driving growth. Sweeny points to the existing strengths in the region, including semiconductor hubs, AI-ready data centers, and vibrant fintech startups. “Wales punches above its weight,” he states, noting that the combination of talent, ambition, and a collaborative ethos positions the region as a formidable player in the tech industry.
Addressing the Digital Skills Crisis
The UK faces a significant digital skills shortage, and Wales is no exception. Sweeny argues that addressing this issue is not just a matter of filling positions but is essential for the region’s economic future. By investing in education and training, local businesses can ensure they have the skilled workforce necessary to thrive in a digital economy.
The Welsh Government’s apprenticeship schemes are a step in the right direction, yet Sweeny believes more can be done. “Young people often don’t even know they exist,” he laments, highlighting the need for better outreach and awareness initiatives. By making these programs more accessible and visible, Wales can tap into the potential of its youth and build a more robust pipeline of tech talent.
The Vision for a Tech-Driven Future
Mark Sweeny envisions a future where Wales is recognized globally as a leader in technology. He dreams of a Welsh equivalent to Silicon Valley, where innovation flourishes, and tech companies thrive. “We’ve got valleys, so why not our own Silicon Valley?” he asks, underscoring the region’s potential to become a hub of technological advancement.
To realize this vision, Sweeny emphasizes the importance of collaboration among various stakeholders, including government, educational institutions, and the private sector. By working together, they can create an environment that fosters innovation and attracts investment. “Success here doesn’t just help us, it gives Wales a louder voice in the UK tech market,” he states, reflecting on the broader implications of local achievements.
Conclusion: Letting the Dragon Roar
Sweeny’s driving force is encapsulated in his mantra: “go big or go home.” This philosophy not only motivates his approach to business but also serves as a rallying cry for the Welsh tech community. With de Novo Solutions leading the charge, the message is clear: Wales is ready to make its mark on the global tech stage.
As the company continues to grow and innovate, it will undoubtedly inspire others in the region to follow suit. The journey ahead is filled with potential, and with leaders like Mark Sweeny at the helm, the future of Welsh technology looks promising.
FAQ
What is de Novo Solutions?
de Novo Solutions is a tech company based in Newport, Wales, specializing in Industry Cloud Solutions using platforms like Oracle and ServiceNow. It has been recognized for its rapid growth and contributions to the Welsh tech landscape.
Who is Mark Sweeny?
Mark Sweeny is the founder and chief executive of de Novo Solutions. He has a successful background in the tech industry, having previously built and sold a tech firm before establishing de Novo.
What is the significance of de Novo’s recognition in the Sunday Times 100 Fastest-Growing Companies?
Being ranked eighth in the Sunday Times 100 Fastest-Growing Companies and recognized as Wales’s fastest-growing business highlights not only de Novo’s success but also the emerging strength of the tech sector in Wales.
How does de Novo Solutions contribute to local talent development?
De Novo Solutions actively engages in developing local talent through apprenticeship programs and initiatives like the “New Gen” program, which equips young professionals with essential skills for the modern workforce.
What is Sweeny’s vision for the future of Welsh technology?
Mark Sweeny envisions Wales becoming a global tech leader, akin to Silicon Valley, by fostering innovation, collaboration, and a strong talent pipeline within the region.