MTI puts in strong performance post acquisition
MTI Technology's performance since its acquisition in January last year by PE investor Endless is reflected in positive results that show 20% growth in professional services and expansion in the security and data centre space.
In its financial results for the 16-month period ending March 2018 the Godalming-based EMC partner reported £94.5m revenues and an underlying EBITDA for the period of £2.2m, representing a year-on-year 12.4% increase.
“Since the Endless acquisition we’ve worked hard to build on our strengths and expand our service offerings," stated MTI CEO Scott Haddow (pictured).
"Combined with strategic investments in management, sales and marketing, this has enabled strong revenue growth in 2018 with security and professional services performing particularly well.
“We’ll continue to invest in the team, build out our services portfolio and look for acquisitions that offer a strategic fit in the coming year."
Endless has invested in MTI's managed service portfolio including an expansion of its cloud-based services which led to a Microsoft Cloud Solution Provider designation.
Other investment areas are sales and marketing and a strengthened technical sales function boosted by the hire of a CTO to lead the pre-sales teams.
“We’ve made incremental but strategic investments over the last year, the costs of which have already been recovered as profits have remained stable,” added Haddow. “Having made these investments MTI is well-placed to see continued strong revenue growth."
In a separate statement MTI Technology announced Pieter Knook as a Non-Executive Director and Chairman of the Board.
His experience includes an 18 year spell at Microsoft where he became one of its top 25 executives.
Knook also built a new software services venture for Vodafone Group, launching and evolving Vodafone 360.
Other previous Vodafone roles include positions on the Strategy Board, Marketing Board, Ventures Board, CEO Council and Group Marketing Leadership Team.
Knook is Chairman of the Bullitt Group, a ruggedised mobile device manufacturer.
Source: commsdealer
Industry: Unified communications news
Latest Jobs
-
- Data Privacy Lead. Client Facing London. Permanent.
- London
- N/A
-
Data Privacy Lead. Client Facing London. Permanent. London based client facing. Must be eligible to undergo UK Security Clearance (SC) Key Responsibilities: Lead and support client facing data privacy projects. Assess compliance, define and deliver strategic projects / implement privacy solutions. Manage project teams and develop business opportunities. Required Experience: Experience in data protection and privacy standards. Background in consulting. Skills and Qualifications: Business consulting experience IAPPPrivacy Manager / Privacy Technologist Location Greater London UK based role. Not able to provide VISA sponsorship.
-
- VOIP / SIP App Developer. Contract. SIP | VOIP experience needed. SC Cleared Outside IR35 Contract. London
- London
- OUTSIDE IR35
-
SIP | VOIP Developer. SC Cleared Contract. London Looking for a SC Cleared SIP / VOIP Developer to develop an application that interacts with a set of voice and video signalling API’s You will also work on developing in-house applications, browser plugins and automated tooling to support secure communication systems. Responsibilities Develop an application that will manage number mapping and associated identities using commercial SBC API’s. Develop new user-facing features using React.js or other modern JavaScript frameworks. Build reusable components and front-end libraries for future use. Collaborate with the design team to translate UI/UX design wireframes into code. Work closely with backend developers to integrate front-end code with server-side logic. Conduct code reviews and provide constructive feedback to team members. Stay up-to-date on emerging technologies and industry trends to continuously improve our front-end development practices. Troubleshoot and debug issues that arise during development and in production environments. Maintain high coding standards and practices and ensure code is well-documented. Requirement Experience of developing specialist applications using REST API’s. Good knowledge of Go, Java and Python (open to alternative combinations of languages). Proficiency in front-end languages and frameworks such as HTML, CSS, JavaScript, React.js, etc. Strong understanding of web standards, responsive design, and cross-browser compatibility. Experience with version control systems such as Git. Knowledge of RESTful APIs and asynchronous request handling. Familiarity with UI/UX design principles and tools.
-
- Senior Data Privacy Consultant. Client Facing | London
- London
- N/A
-
Senior Data Privacy Consultant. Client Facing | London Senior Data Privacy Consultant needed for a key client facing opportunity. Must be willing to undergo SC Security Clearance. Hybrid role- onsite with customer / office 2-3 days a week. London Key Responsibilities: Lead and support client facing data privacy projects. Assess compliance, define and deliver strategic projects / implement privacy solutions. Manage project teams and develop business opportunities. Required Experience: Experience in data protection and privacy standards. Background in consulting. Skills and Qualifications: Business consulting experience IAPP Privacy Manager / Privacy Technologist Location Greater London UK based role. Not able to provide VISA sponsorship.
-
- Security Analyst - Internal role. London commutable. Permanent
- London
- N/A
-
Security Analyst - Internal role. London commutable opportunity. Operational Security - Investigate, escalate and proactively work to ensure household name remains protected. Project Security - Coordinate, log change requests with project delivery teams to meet security requirements Policy / compliance - work with team to aid in uplifting these as and where needed This role is role to investigate, escalate and proactively work to protect a globally recognised brand. You must have current hands on operational analytical security experience with Microsoft technology stack Someone with a SOC Analyst / security engineering background would be well suited. This position will join a small team and would suit someone that has broad experience across the security threat landscape. Experience / knowledge across industry GRC standards such NIST, ISO27001 etc very advantageous and a priority. You will work across multiple teams proactively working to secure the business. Must be able to commute to Central London 3 days a week. Visa sponsorship not available Apply today to find out more.