Wireless Logic, an independent M2M provider, has been named as one of Britain’s most successful technology businesses in the 2010 Sunday Times Microsoft Tech Track 100. The Tech Track 100 ranks Britain’s fastest-growing private technology companies.
The report, published on Sunday 19 September 2010, has positioned Wireless Logic as the twenty-fifth fastest growing UK technology company, based on significant sales growth over a three year period. Headquartered in Marlow, Buckinghamshire, Wireless Logic is also extending its European footprint by setting up a German operation to penetrate the great potential within this market.
The move comes after a record breaking year in which Wireless Logic achieved 78% growth on the previous year and won a host of new projects across a variety of sectors. Wireless Logic is the preferred M2M connectivity provider for all four major UK networks – O2, Vodafone, Orange and T-Mobile – and works with over 1000 systems integrators across 40 different sectors.
Phil Cole, co-founder and sales and marketing director, at Wireless Logic said: “We are starting to see a definite surge in interest from the wider European operator community. Successfully partnering the major networks here in the UK, we have a tangible and profitable model to take M2M across Europe alongside carrier partners. Creating a business channel within Germany will allow us to more easily serve our customers and prospects throughout this region. We are also opening up opportunities in Spain and France.”
Oliver Tucker, co-founder and managing director at Wireless Logic, added: “This achievement comes at a very exciting time in the history of the business. Our experience in pioneering the UK M2M market has given us a very clear view on the challenges facing the operator community in terms of data usage and the way forward for the European technology community to embrace M2M and the revenue opportunity that it represents.”
Scott Dodds, general manager, business strategy and marketing at Microsoft, the sponsor of the league table, commented: “It is great to see privately owned technology companies such as Wireless Logic making a positive contribution to the technology industry despite tough economic conditions.”
Now in its ninth year, The Sunday Times Microsoft Tech Track 100 annual league table is compiled by Oxford-based research and networking events company Fast Track.