Teneo celebrates its first decade
Published on: 25 February 2010
Teneo, a leading infrastructure optimisation specialist, has celebrated its tenth birthday and looks back at ten years of growth and success as it plans for the next decade.
Teneo’s employees have celebrated ten years since the formation of the business on 17th February 2000. The company first started life as a subsidiary of a US company called Aspeon. Teneo’s CEO, Piers Carey, was then the vice president of sales for the original company and in 2001 the management team led by Piers, bought out Teneo from Aspeon with venture capital funding. In March 2003, Piers became CEO of Teneo and in June 2003, Teneo formed Teneo Inc, a subsidiary company in the US.
Teneo is focusing today on identifying new innovations for IT network management and optimisation, application performance and virtualisation offerings. It has a track record of building market share on both sides of the Atlantic for innovative vendors. Its integration skills are increasingly supported by a range of IT services and consultancy that it offers its growing end user base.
Teneo was Riverbed Technology’s first ever EMEA reseller and is one of a handful of Riverbed Diamond partners, winning numerous European reseller awards. It is a Platinum partner for security information and event management vendor NetForensics. The company is also master distributor in Europe and North America for Castle Rock network management software selling over 1000 solutions and is their current ‘Global Partner of the Year’. Teneo prides itself on maintaining strong relationships with a wide range of vendors such as Allot, Infoblox and Platespin.
Teneo now employs around 30 staff at its headquarters in Theale near Reading, and in Dulles, twenty miles west of Washington D.C. Its track record in delivering infrastructure optimisation solutions is enviable, with over 1000 customers including 200 Riverbed customers with over 1,500 deployed units in the field and under maintenance. It has a network of partners which enables Teneo to roll-out and service projects across 120 countries.
The company has grown substantially, increasing annual turnover from £4 million in 2007 to a predicted £12 million for the close of their financial year at the end of June. Teneo acquired network and security management reseller iSimile in July 2009, welcoming its highly experienced team and new vendor relationships to the Teneo group.
During February, the directors of the company took all employees out for a celebration meal, and on the actual birthday on 17th February, Teneo employees enjoyed a typical tenth birthday party with traditional party games, balloons and banners around the office and a birthday cake.
Piers Carey, chief executive officer, Teneo, commented:
“Teneo has achieved a great deal over the last ten years. What has made our business is having dedicated, professional employees who always do the best for our customers. Our vendor relationships are strong and we have grown our reputation for translating their products into effective solutions. We know our customers benefit substantially from these solutions. This is an exciting time for our business and we know we can continue to build and grow on these excellent foundations.”
About Teneo Ltd
Teneo is an Infrastructure Optimisation Company, providing solutions that help customers with the Management, Performance and Virtualisation of their IT systems. Our focussed approach of understanding business goals and matching them to efficient IT solutions means that we are able to truly optimise IT infrastructure, leading to improved performance, greater user productivity and lower overall IT costs.
Teneo works with best-of-breed partners such as Riverbed and Castle Rock – it has been awarded Riverbed’s Reseller of the Year within its region for two consecutive years in 2007 and 2008. Teneo has 1,000 customers across 40 countries and provides a full range of pre and post sales customer care services. Visit www.teneo.net for more information.
For further information about Teneo Ltd, please contact:
James Hall, Marketing Director, Teneo Ltd
Tel: 0118 983 8600. Email: jhall@teneo.net
For all media enquiries, please contact:
Miles Clayton / Simon Bennett, Agility PR Limited
Tel: 01992 586 190. Email: miles@agilitypr.co.uk simon@agilitypr.co.uk
