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."
Why are you making commenting on The Herald only available to subscribers?
It should have been a safe space for informed debate, somewhere for readers to discuss issues around the biggest stories of the day, but all too often the below the line comments on most websites have become bogged down by off-topic discussions and abuse.
heraldscotland.com is tackling this problem by allowing only subscribers to comment.
We are doing this to improve the experience for our loyal readers and we believe it will reduce the ability of trolls and troublemakers, who occasionally find their way onto our site, to abuse our journalists and readers. We also hope it will help the comments section fulfil its promise as a part of Scotland's conversation with itself.
We are lucky at The Herald. We are read by an informed, educated readership who can add their knowledge and insights to our stories.
That is invaluable.
We are making the subscriber-only change to support our valued readers, who tell us they don't want the site cluttered up with irrelevant comments, untruths and abuse.
In the past, the journalist’s job was to collect and distribute information to the audience. Technology means that readers can shape a discussion. We look forward to hearing from you on heraldscotland.com
Comments & Moderation
Readers’ comments: You are personally liable for the content of any comments you upload to this website, so please act responsibly. We do not pre-moderate or monitor readers’ comments appearing on our websites, but we do post-moderate in response to complaints we receive or otherwise when a potential problem comes to our attention. You can make a complaint by using the ‘report this post’ link . We may then apply our discretion under the user terms to amend or delete comments.
Post moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours.
Read the rules hereComments are closed on this article