Wokingham Today

Cloud helps Redwood rise up

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A LOCAL technology firm is celebratin­g after being named one of the best in the business.

Redwood Technologi­es Group, which is based over the border in Bracknell, has been judged to be the in the

Top 50 companies in the annual megabuyte5­0 awards, after improving on last year’s placement.

The awards are an independen­t ranking of the

UK’s best-performing, privatelyo­wned technology companies.

Rankings are compiled using Megabuyte’s proprietar­y Megabuyte Scorecard methodolog­y, which scores companies against seven key growth-related financial KPIs. Redwood said that the rigour of Megabuyte Scorecard analysis, combined with a specific focus on pure-breed technology companies, has made the megabuyte5­0 awards the most influentia­l benchmarki­ng reference in the UK technology sector.

The company has moved up by five places in the rankings, making it second out of the eight Accounting and Enterprise Software companies who appear in the 2018 megabuyte5­0 Top 50.

Sean Taylor, Co-Founder and Global CEO of Redwood Technologi­es Group, said: “It’s fantastic to see the Group move into the top 10 of the megauyte50 rankings. Our revenues are increasing strongly, we’re expanding in key territorie­s such as Asia-Pac and we have exciting new AI technology being released, so this is a very exciting time for the business.”

He added that the firm is continuing to reap the rewards of being an early Cloud pioneer in the enterprise contact centre market. In this field, most of the company’s success has been in the UK but it is now also well placed to target internatio­nal markets, with the added financial support of SEP, a growing relationsh­ip with a leading Japanese partner in Rakuten, and a strategy to make the most of Germany’s changing view on Cloud-based solutions.

www.megabuyte-awards. com/megabuyte-50/winningcom­panies

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