Adapt, the independent Virtual Network Operator (VNO), has been placed 25th in the seventh annual Sunday Times Microsoft Tech Track 100 League table, published on 30 September, making it the highest placed VNO in the list.
Tech Track 100 ranks Britain’s fastest-growing private tech companies based on the last two years’ sales growth. With revenue growth rates of over 250%, Adapt is the fastest growing VNO in the UK, serving the national and international communication requirements of over 1,500 mid sized businesses. Its customers include CNET, Energy Savings Trust, Initial City Link, LoveFilm, Rightmove.co.uk, Canonical and VNU.
Adapt was founded in 2001 and partners with telecoms providers to resell network services such as managed networks, server collocation, internet connectivity and VoIP. Unlike traditional network operators, Adapt has an innovative and compelling business model. It is not restricted to providing solutions on its own fixed assets. Using the assets of multiple carriers, Adapt is free to advise on the most suitable network and technology partners, delivering the best choice for each customer depending on their unique requirements.
Peter Knight, CEO of Adapt, said: “To place so highly in The Sunday Times Tech Track 100 is fantastic news and is testament to the shift change that is happening in the supply of telecoms and how organisations particularly SME’s can now buy their services. Adapt are serving the telecoms requirements of over 1,500 mid sized businesses and this will increase as we maintain our commitment to service and keeping the customer at the centre of everything we do, as opposed to the network.”