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MBA start-up Arcus Global wins Cambridge Graduate Business of the Year Award

23 March 2012

The article at a glance

Arcus Global awarded the Cambridge Graduate Business of the Year at Business Weekly‘s Awards at Queens’ College The award, which is sponsored by …

Arcus Global awarded the Cambridge Graduate Business of the Year at Business Weekly‘s Awards at Queens’ College

The award, which is sponsored by the Centre for Entrepreneurial Learning (CfEL) at Cambridge Judge Business School, is aimed at companies founded by University of Cambridge alumni who are at least three years out of academia, and that have demonstrated strong commercial progress.

Arcus, which provides cloud computing solutions for the public sector, was started by two graduates of Cambridge Judge Business School’s MBA programme: Lars Malmqvist and Denis Kaminsky.

Denis Kaminsky, Arcus CEO, commented:

Lars and I are extremely proud to receive this prestigious award, especially given the short-list was full of such great Cambridge companies. Arcus has very much developed from the Cambridge Tech Cluster, with our idea, business partnership, investors, first clients and several employees all having a connection to the University and especially Cambridge Judge Business School.”

Arcus succeeded against strong competition that included Breathing Buildings, Cambridge Temperature Concepts for DuoFertility, Featurespace, MagicSolver, and TouchType for SwiftKey.

Shai Vyakarnam, Director of the Centre for Entrepreneurial Learning (CfEL), said:

Arcus Global software, tools and concepts are contributing greatly to the advancement of cloud computing in the public sector. It delivered ten times revenue growth last year, scaled up its facilities three times and won business in open competition against multinational rivals. Against an austerity backdrop it is delivering savings worth millions of pounds to public sector clients.”

Arcus Global has defined and is now delivering innovative IT solutions that help its public sector clients save millions at a time when those savings are most needed. The company believes it is contributing greatly to the advancement of cloud computing in the sector, targeting difficult but much needed systems and applications.

The Cambridge Graduate Business of the Year Award, sponsored by CfEL, was launched at last year’s Business Weekly awards event with Owlstone Nanotech the inaugural winner.