Despite the continued impact of the economy upon client budgets, Rocela doubles its revenues and celebrates outstanding half year results alongside a string of key client successes

Edinburgh, 17th August 2010 - Rocela, one of the largest independent Oracle consultancies, today posted record half-year results. With revenues up 66 per cent to £23m on like-for-like trading, the company is growing faster than ever before.

Rocela’s client wins in the first half of 2010 include Heriot Watt University and a multi-year Oracle managed service agreement with The Student Loans Company. Most recently, Rocela has also signed a multi-million pound, four-year deal to manage the Oracle licence estate of a major UK based retailer.

Martin Mutch, CEO at Rocela, comments: “Since inception, Rocela has focused solely on Oracle markets, a move that continues to pay off as Oracle pushes towards market domination. With its 66th acquisition completed, including Sun Microsystems, Oracle is a global powerhouse that clients are increasingly reliant upon. However, many organisations want to enhance the way they manage this investment. Optimising Oracle is an area where our expertise continues to find demand.”

Having had an exceptional start to the financial year, Rocela is now focused on continuing its growth through investment in product development, performance management and innovative automated tools to deliver an even more exceptional service to its clients. In addition, the company has recently strengthened its main Board with the appointment of Paul Atkinson as Non-Executive Director and the promotion of Ian Smith to Executive Director.

Mutch concludes: “Our core markets are still suffering from the impact of the economic downturn. However, Rocela’s focus on return on investment in operational IT systems and proven track record of saving clients money, alongside our investment in technology, has been instrumental in ensuring a strong business performance. Rocela is ready to continue this trend of growth for many years to come.”

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About Rocela
Established in 2002, Rocela is the UK’s fastest growing independent Oracle consultancy.  It is now a global leader in advisory consulting for licensing, cost management and compliance, helping private and public sector customers with complex Oracle environments gets the best value out of their Oracle investment.

The company is headquartered in Edinburgh with offices in Knutsford and London.  Rocela’s growth has been recognised by numerous industry awards such as the Deloitte Technology "Fast 500" EMEA 2007-2009, Investor in People 2008, UBS Fastest Growing Venture Backed Business in UK and The Ernst & Young Entrepreneur of the Year.

For more information, please visit www.rocela.com

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