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Home Fast-Growth 50 2026

10. Fifosys

Oxygen staff by Oxygen staff
7 April 2026
in Fast-Growth 50 2026
Mitesh Patel, Fifosys

Mitesh Patel, Fifosys

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Headcount: 76 (+171%)

Specialism: IT MSP

HQ: London

This acquisitive MSP leaps up the Fast-Growth 50 standings thanks to a 171% rise in its average monthly headcount between its fiscal 2022 and 2025.

Revenues reached £9.4m in its most-recent period, up from £5.9m a year earlier.

Boasting branches in London, Colchester, Wolverhampton and Fareham, Fifosys counts leisure management outfit Everyone Active SLM among its larger clients.

The coming year will be defined by the shift from AI experimentation to AI accountability, MD Mitesh Patel tells us (see below).

View the wider Fast-Growth 50 here.

Q&A with Fifosys MD Mitesh Patel

How have you been able to increase headcount in a flat market?

Our growth has been through a strategic acquisition and strong organic growth. Even in a flatter market, organisations are rethinking resilience, security and operational maturity, and that’s created demand for deeper expertise rather than just more tools, which has meant us acquiring specific teams with skillsets amongst individuals to complement our existing team.

We’ve grown by focusing on long-term partnerships and solving complex problems well, which in turn creates sustainable demand for skilled people. Headcount growth for us has been about capability, not volume.

What mega trend do you think will most shape the year for your company?

The shift from AI experimentation to AI accountability.

Most organisations have already “tried” AI. Now the conversation is about governance, infrastructure readiness, cost control and real-world value. Alongside that, sovereign cloud and data residency are becoming board-level discussions.

For us, 2026 will be shaped by helping clients move from curiosity to controlled, secure, outcome-led adoption.

Which competitor or peer do you respect the most, and why?

We have a lot of respect for Microsoft. Not simply because of their scale, but because of how they’ve evolved. Over the last decade, they’ve successfully shifted from a traditional software company to a cloud and services-led organisation, while maintaining a strong ecosystem mindset.

They invest heavily in security, compliance and responsible AI, and they recognise that technology is only powerful when it is trusted. That balance between innovation and accountability is something we admire.

What’s a fact or quirk about your company most people won’t know about?

For a technology company, we talk a lot about people.

We genuinely believe the human element of technology is what makes the difference. The relationships we build with clients, the trust, the context, the honest conversations. Those things cannot be automated. AI can accelerate processes and surface insight, but it cannot replace judgement, empathy or long-term partnership.

That belief shapes how we hire, how we deliver services, and how we grow.

Does the rise of AI and automation make it less likely you’ll continue to add headcount at the same rate in the coming years?

AI will change roles, but it won’t remove the need for people.

Automation reduces repetitive effort, which allows our team to focus on higher-value work like advisory, architecture and proactive risk management. If anything, it shifts the profile of who we hire rather than reducing the need to hire.

Name one thing you have planned for the next 12 months

We are investing heavily in strengthening our proactive services, particularly around supply chain risk, AI governance and cloud resilience.

The goal is simple: help clients prevent issues rather than recover from them.

Tags: Fifosys
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