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MBN breaks £4m barrier

3rd March 2016 • News

Recruitment and people solutions business MBN is making “continued, robust and profitable growth” and has announced 2015 revenues in excess of £4m.

Delivered by disruption of the Big Data, Insight and Analytics and Data Science recruitment space, MBN has experienced new growth in the last year in the fast moving Blockchain and Internet of Things (IoT) sectors, as well as continued growth in its MBN Consilium Analytics Business Unit.

Announced in late February, MBN has set out a plan for the year ahead and it sees more exciting growth opportunities for the Glasgow-headquartered company.

2016 yields a move for the first time to a dedicated company structure for the Consilium Analytics business, which will continue to support client activities and help cement MBN’s position in the important Big Data sector. MBN’s core business will build on early successes relating to Blockchain by dedicating specific resource to this increasingly important area of technology.

Michael Young (pictured), MBN’s Chief Executive Officer, said: “We have an exceptional team at MBN and this is reflected by the quality of our growth and feedback by clients and candidates alike. 2016 represents a standout year for us in that we will move to a group structure and allow Consilium to operate as a separate wholly owned company for the first time.

“Blockchain is very much on the lips of our clients and this coupled with the growth in requirement for IoT expertise and our continued growth in Big Data will be a priority for the year ahead.”

MBN has built a substantial number of client relationships with leaders of large listed businesses. These are what supported MBN’s original launch of Consilium Analytics into the consulting space back in 2013.  The market has since moved rapidly and Consilium now needs a distinct strategy of its own.

MBN Chairman Paul Forrest said: “MBN has many exciting opportunities and by allowing Consilium to have its own corporate structure this will facilitate further investment in growth and new opportunities for MBN’s core activities.  We will continue to invest in the growth of our core business with the creation of specific Blockchain expertise and continued support and growth of our Big Data events and thought leadership activity throughout 2016 and beyond.”

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