BigHand Announces Highly Successful Year for 2010-11

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Significant investment in product innovation and customer service delivery has contributed to BigHand’s most successful financial year to date

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Our commitment to a direct relationship with customers and increasing our value proposition remains at the heart of BigHand and we look forward to delivering even more for our customers during 2011-12.

BigHand Limited, the global leader in voice productivity technology has today announced that financial year ending 31st March 2011 was the most successful in the company’s history. BigHand’s commitment to delivering product innovation and superior customer service now means that over 20,000 more professionals use BigHand enterprise software and mobile apps than in the previous year, taking the total user base to more than 135,000 individuals. BigHand has also invested significantly during the last year in the strength of its specialist development and support teams, increasing staff numbers by 20%. As a result of the growth in user numbers and uptake of new products in 2010-11, BigHand has increased turnover by over 50% and increased pre-tax profits to £3.4m.

Jon Ardron, Chief Executive Officer, BigHand, comments, ‘’BigHand undertook an extensive change management process during 2010-11 in order to deliver greater value and better technology to our customers and I am delighted with our progress. The realignment of core strategic business units together with the acquisition of nFlow has enabled us to focus on meeting the specific needs of our customers within the Legal, Professional Services and Healthcare markets. Through our commitment to delivering the best possible technology and service, we have added over 20,000 individual new users across the group and now support over 135,000 professionals worldwide."

"At the start of the year we made a promise to customers to develop innovative new technology that would be accessible to all. We have delivered this promise through significant investment in product development expertise and comprehensive dialogue with our customers, culminating in the recent release of our major new version BigHand 4. New features and enhancements available within BigHand 4 include core multistep workflow management, unique speech recognition tools and the first dictation app for Android™. We are very pleased with the initial uptake of version 4.0 in all our core markets – the enthusiasm and ideas of our customers is a real motivation to the entire BigHand team."

"Our commitment to a direct relationship with customers and increasing our value proposition remains at the heart of BigHand and we look forward to delivering even more for our customers during 2011-12. As part of this commitment we are increasing the amount of client interaction with our Products team to help directly shape the future direction of our software. We also intend to continue investing in new technologies to help support our clients around the world.’’

Customers that signed up to BigHand voice productivity technology during 2010-11 include UK Top-100 legal firm Farrer & Co and the Birmingham and Solihull Mental Health NHS Foundation Trust, NLJ 250 firm Fox Rothschild LLP and ANZ Top-100 legal firm Norman Waterhouse.

About BigHand
The BigHand Group supports over 135,000 professionals globally, across 1,300 organisations, and is based out of London, Chicago, Sydney and Toronto. BigHand is a Microsoft Gold Partner and Elite BlackBerry ISV Partner, and was voted winner of the Australasian Legal Business Magazine’s Dictation & Transcription ‘Service Provider of the Year 2010’ and ‘Dictation System of the Year’ at the 7th Annual Law Technology News (LTN) Awards 2009. Further info is available at http://www.bighand.com

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Jo Greenway
BigHand
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