Cambridge, 23 March 2015 – Undo Software has beaten off stiff competition to win the Disruptive Technology award at the recent Business Weekly Awards.
The prestigious awards, now in their 25th year, honour the most innovative and successful companies within the Cambridge Cluster, one of the UK’s leading technology centres.
Joining winners and finalists from companies across the technology, biotech, and clean energy sectors, Undo Software’s CEO Greg Law picked up the award at the glittering award ceremony, where he had the opportunity to discuss the benefits available to companies and consumers from Undo’s technology for diagnosis of in-production software failures and advanced debugging capabilities.
The panel of 24 judges, which included some of the UK’s most successful entrepreneurs and providers of venture funding including Hermann Hauser, Sir Michael Marshall, Sherry Coutu, and David Cleevely, were unanimous in selecting Undo for the Disruptive Technology award. This was based on the potential for Undo’s technology to solve the growing need to quickly find bugs in the ever-more complex code that runs the world around us. The UndoDB reversible debugging tool speeds up the process of finding bugs in development code, while the new LiveRecorder is the first software that enables software to be debugged post-release.
Greg Law, CEO of Undo Software, says,
We are really pleased to be recognised by the Cambridge community of business leaders and entrepreneurs. Cambridge has a global reputation as a centre for technology excellence, making this a hotly contested award. This accolade adds to our growing momentum and I’m delighted to see the importance of good quality software placed high on business leaders’ radar.
With the global cost of debugging software reaching $312 billion annually, half of that spent on wages, the cost of bugs in software has grabbed wider attention. Developers spend 50% of their time fixing bugs rather than writing new code, so products such as UndoDB and LiveRecorder can have a very strong positive impact on a company’s bottom line.
Business Weekly has been recognising emerging and innovative Cambridge-based companies and products since the inception of the awards program in 1990.