In the UK, DigiCore Limited has built significant momentum in the past 12 months, with strong sales in a highly competitive industry. Year-on-year sales showed impressive growth following a series of high-profile contract wins, most notably Royal Mail. These have substantially expanded the company’s presence in key market sectors.
DigiCore Limited enjoys continuing success in the utility sector, where it is fast becoming the partner of choice among leading UK operators. The company has secured new projects from several leading companies including Yorkshire Water and Severn Trent Water, adding to an already impressive client portfolio that boasts Thames Water, Southern Water, Wessex Water, Wales & West Utilities and npower. Working with these utility service providers, DigiCore Limited has repeatedly demonstrated the value it can provide to customers, and now has a proven track record in the utility sector of effectively delivering large-scale vehicle tracking solutions.
DigiCore Limited has also recorded growth in the service management industry and public sector. A strong pipeline of potential new business supports continued growth, and several major new projects are expected to be announced shortly.
Building on this base, the company will pursue its successful partnership strategy with both large corporates and SME companies to expand its existing customer base. The growing interest in vehicle tracking systems, driven by a range of issues including fuel prices, congestion, duty of care and legislative compliance, will create ongoing business opportunities in both the short and long term.
The company has further invested in its internal resources in response to growing demand for telematics solutions from vehicle operators in the UK. In particular, DigiCore Limited has more than doubled the size of its head office in Harrow to accommodate an increased sales, project management and technical services operation.
During the year DigiCore acquired the remaining 49,9% shareholding in DigiCore Limited to provide an even greater focus on the utility sector and expand the growth strategy.