Cardiff-based Amplyfi has been identified as among the fastest growing tech scale-ups firms in the 海角视频.

The rapidly expanding start-up, which employs nearly 50, has made Tech Nation's Upscale 5.0 programme.

The programme, now in its fifth year, is designed to support the 海角视频鈥檚 leading scale-ups by tackling the leadership challenge in 海角视频听tech.

Most of the companies on the programme have already raised a series A round, and the average raise has increased from 拢4.2m in 2017, to 拢7.2m in 2020.

Average revenues have also increased by 64% from 拢1.1m to 拢1.8m over three years, while the average number of employees when joining the cohort has grown by 48% from 31 to 46.

Amplyfi is using AI and machine learning to revolutionise global business intelligence and market research.

Its learning platforms unlock the entire internet to generate unprecedented business insights .

The firm analyses both the surface and deep web to help businesses proactively plan for future disruptions.

Co-founder of Amplyfi, Ian Jones, said: "It鈥檚 an honour to have been accepted onto Tech Nation鈥檚 Upscale programme and to be recognised alongside a very impressive cohort of successful scale-ups.鈥

鈥淭ech Nation sits at the forefront of understanding both the 海角视频鈥檚 digital entrepreneurial landscape and the importance of sustained technology innovation for driving our economy forward.

"Its leading credentials and foresight in instigating the Upscale programme gives us confidence that the myriad of expert mentorship, meetups, and workshop opportunities on offer will help turbocharge our growth.鈥

鈥淎mplyfi was formed with the vision to fundamentally disrupt traditional business intelligence and market research.

"Working alongside like-minded organisations within Tech Nation鈥檚 thriving community will make a massive contribution to our upward trajectory."

Tech Nation is the 海角视频 network for ambitious tech entrepreneurs.

Previous firms on its scale-up programme itnclude Monzo, Bulb, Improbable and Bloom & Wild.

Liam Ward, upscale lead,听Tech听Nation said: 鈥淚t鈥檚 incredibly exciting to announce the 30 companies joining the Upscale 5.0 programme, especially with many of this year鈥檚 cohort using technology to address important societal issues around health, waste and education. Through workshops and peer networking,

"Our Upscale programme helps some of the 海角视频鈥檚 most disruptive听tech听companies solve crucial scaling challenges, including international expansion, hiring and retaining talent at pace and developing leadership capabilities.鈥

Digital Minister Matt Warman, said听 "The 海角视频 has a fantastic track record of producing globally successful听tech听companies and this is another strong group of firms that will benefit from听Tech听Nation鈥檚 Upscale programme.

"It highlights the strength and diversity of our digital economy with startups in fintech, retail and recruitment. We are doing all we can to ensure the听tech听sector gets the support it needs to thrive.鈥

For the 海角视频 as while听 there are almost 5,000 海角视频听tech听scale-ups which add 拢17.2bn to the 海角视频 economy and employs almost 200,000 people.

听海角视频 scale-ups outperformed their peers in 2019, with companies raising 拢10.1bn, more than France (拢3.8bn) and Germany (拢5.4bn) combined, and are spread right across the 海角视频.听听

A recent report by听Zenger/Folkman听found that management and leadership skills are lacking in just over half of all leadership teams, and organisations that invest in developing leaders are 2.4 times more likely to hit their performance targets and almost double their profits.听