INOAPPS, the Aberdeen-based software and IT solutions company, has invested almost £600,000 in new premises in the city's west end.

The firm, an application specialist and reseller for Oracle solutions in Europe, the Middle East and Africa, will use the site as its head office.

The move comes as the company, which also has offices in Edinburgh, Derby and Kuala Lumpur, predicts it will double its current 200-plus workforce by 2015 and targets £50 million in turnover by that year.

Inoapps also has plans to open a second overseas office, in Bahrain, before the end of the year.

It recently received a £10m investment from the Business Growth Fund (BGF), a £2.5 billion fund launched by five major banks in 2011 amid claims lenders were not doing enough to support businesses.

Founder and chief executive Andy Bird said: "Since its inception six years ago, Inoapps has gone from strength to strength and our move to larger premises comes at a time in the company's development.

"We are on track to achieve our turnover target of £50m by 2015 and the recent BGF investment will act as a base from which we can further develop our offering and widen our international capabilities.

"Our increased international presence reflects the strong demand for our services.

"Our recent investment in Malaysia and the planned investment in the Middle East caters to largely under-served regions through the provision of high quality services for which Inoapps is renowned.

"Both Asia and the Middle East present fantastic opportunities for us to continue to deliver excellent results to our clients."

Mr Bird noted Inoapps had won four awards at the 2013 UK Oracle User Group Partner of the Year Awards, including silvers for e-business suite partner and hardware partner of the year.

Mr Bird added: "It is important that during this ongoing expansion we do not lose sight of the requirements of our existing customers."