Cybit placed 13th in list of top international growth companies.
Cybit, the UK’s leading online Telematics Service Provider, has been ranked 13th in the new Sunday Times International Track 100 of UK private companies showing the fastest growth in international sales. It is the highest ranked technology service provider to feature in the listing.
Cybit has achieved sustained pan-European growth of 117 percent over the past two years, based on the deployment of telematics solutions to customers that include Fujitsu, Carlsberg and KwikFit Mobile. The Sunday Times International Track 100 is a new listing designed to track Britain’s private companies with the fastest-growing international sales.
Bill Henry, CEO at Cybit: "We are delighted to be recognised by the Sunday Times for building a successful pan-European business and are incredibly proud of this achievement.
"Our core technology fits key market requirements – progressive cost savings, vehicle emissions management and mobile employee risk monitoring. We’ve grown by providing products and services that are all fundamental to our customers’ overall competitiveness. We have strong localised teams who understand the cultural nuances of each region to maximise the customer experience for their individual market place.
"To grow our business in such a way is a testament to the ability of our team to work with our customers to realise all of the benefits telematics and fleet management brings."
Bill Henry continued: "As part of our international strategy, we’re accelerating growth and providing clear pan-European leadership in the vehicle telematics market. This is a hugely exciting time for our prospects, customers and partners and everyone involved with Cybit’s business."
About the Sunday Times International Track 100
The Sunday Times International Track 100 is a new league table that ranks Britain’s private companies with the fastest growing international sales, measured over their latest two years, using the latest available audited accounts.
Companies must be unquoted, independent and registered in the UK with international sales greater than £1m and 10 percent of total sales producing a positive profit before tax in the final assessment year.