Winning experience for Bath tech firm that spun out of London university

June 20, 2014

Bath-based tech firm Actual Experience has won a top award for its spin out from London’s Queen Mary University.

The firm, which improves digital supply chains for major firms through leading-edge analytics, was co-founded by Queen Mary academic Jonathan Pitts and businessman Dave Page, pictured below, in 2009 and floated on the London Stock Exchange’s AIM market earlier this year.

It won the Business Impact Achieved Award from PraxisUnico, an influential UK network that supports innovation and commercialisation of research. 

The award recognises projects that have made an outstanding business impact through successful knowledge transfer and where there is evidence of impact delivered.

It was handed over to Actual Experience last week at an awards ceremony in Cardiff.

Actual Experience emerged from research conducted at Queen Mary’s School of Electronic Engineering and Computer Science.

In 2012, it won the IET Innovation Award for Information Technology. Since then its customer base has more than tripled, including blue-chip clients in Germany and the US.

Last year it scooped another prestigious industry award for technology excellence when it won the UK Innovation and Entrepreneurship category in the 2013 UK IT Industry awards run by BCS, The Chartered Institute for IT. It was also included in Red Herring’s Top 100 Europe, recognising Europe’s leading companies

Queen Mary Innovation (QMI) head of technology transfer Adam Daykin said: “Actual Experience is a major success story for QMUL. Since 2009, it has managed a period of sustained growth, picking up a number of large global clients. Having recently listed, we see an excellent future and QMI is very proud to have helped the Company to where it is today.”







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