Theale, UK – June 18, 2018 – Teneo, the specialist integrator of next-generation technology, has been placed at number 53 in the ninth annual Sunday Times HSBC International Track 200 league table, ranking Britain’s mid-market private companies with the fastest-growing overseas sales over the past two years.
The report was published on June 10th, 2018 and sees Teneo move up the league table by 78 places from last year’s ranking of number 131. It rewards Teneo’s 69.39% overseas international sales, achieving £33.447m from a total revenue of £46.963m.
Teneo came fifth out of 11 technology companies on the list. Other mid-market brands featured, from a range of sectors, include GTech, BrewDog, Aston Martin, Rapha and the online sports retailer Wiggle.
Over the last two years, Teneo has grown strongly in the US, France and Australia, supporting its corporate customers in the adoption of new technology. One of Teneo’s specialisms is the integration of SD-WAN technology, which evolves customers’ global IT networks to enable business growth in the digital economy.
The past year has also seen the company launch a series of Teneo-managed ‘as a Service’ offerings, including SD-WAN as a Service, to further support customers’ procurement preferences for operational expenditure over capital expenditure.
Teneo has also invested in an acquisition strategy as a time-efficient way to access new markets and gain economies of scale, having completed three acquisitions in the US in the last two years.
Piers Carey, Teneo CEO, commented, “I’m delighted that our recent overseas growth has accelerated us up the 2018 Sunday Times HSBC International Track 200 league table. It’s an honour to see Teneo appear in these rankings alongside so many other great British brands.” He added, “The world-class services our team provides to our global customers massively contribute to these results and are crucial to our continued international success. Congratulations to everyone at Teneo for achieving such a strong 2018 league table position.”
The full 2018 Sunday Times HSBC International Track 200 league table can be viewed here: http://www.fasttrack.co.uk/league-tables/international-track-200/league-table/
The Sunday Times supplement published on June 10th, 2018 is available here: http://www.fasttrack.co.uk/wp-content/uploads/International-Track-200-supplement.pdf
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