A DATA analytics company that claims to be the UK’s fastest growing has more than doubled its turnover after a series of high-profile client wins, including British Airways.

Aquila Insight has capitalised on the explosion of data innovation in business since its launch in 2012 and his increased its turnover to £4.2 million for 2015/16. The firm also continued the rapid expansion of its Edinburgh and London offices.

The company is aiming to expand internationally with the opening of its first overseas office this year, recruiting at a rate of 12 new analysts every quarter across the UK. From its two founding partners it has grown to more than 75 staff.

Warwick Beresford-Jones and John Brodie launched Aquila Insight in 2012, and Beresford-Jones said the UK could be a world leader. “Big data is forecast to add over £241 billion to the economy by 2020 and the UK has the opportunity to be a world leader in big data and analytics,” he said.

“From the start we have focused on delivering a commercial advantage to all of our clients and have built a strong reputation in the industry. Big data has been much hyped in recent years but boards are now demanding real results.

“Ultimately, all organisations want to know what’s happening with their customers, what is going to change and what they need to do to be successful in future. We do that quickly and effectively, helping them to answer with accuracy that age-old business question: what three things should I be doing today to improve the business?”