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SIPHON Networks (part of the Nuvias Group) Wins Place in the 2017 Deloitte Technology Fast 50 for Third Consecutive Year

Cwmbran: 24/11/17 – SIPHON Networks (part of the Nuvias Group) has been named in the 2017 Deloitte UK Technology Fast 50, a ranking of the 50 fastest-growing technology companies in the UK, based on percentage revenue growth over the last four years. SIPHON, now part of the Nuvias Group, grew 539 per cent during this period and was ranked at number 46.

“We are delighted to make it into the Deloitte UK Technology Fast 50 for the third consecutive year,” said Steve Harris, Managing Director SIPHON Networks and EVP Unified Communications for Nuvias. “Our sustained revenue performance has been achieved by staying focused on driving success through helping our channel partners deliver innovative, profitable and high-quality products and services. Our best-in-class strategy to deliver end-to-end unified communications solutions and specialist services sets us apart from other distributors.”

Paul Eccleston, CEO Nuvias Group, added: “Since becoming part of the Nuvias Group, SIPHON has continued to show significant ongoing growth and, over the last year, has expanded further across EMEA with major Unified Communications vendors such as BroadSoft, Lifesize, Polycom, Oracle and AudioCodes. SIPHON forms the bedrock of the Nuvias Unified Communications Practice and the leadership team continues to have the drive, vision and technical expertise to maximise the opportunities in the rapidly growing Unified Communications marketplace, both in the UK and across EMEA. This third consecutive Deloitte Fast 50 placing reinforces our successful approach and our strong commitment to further expansion.”

David Cobb, lead partner for the Deloitte UK Technology Fast 50, said: “The Deloitte UK Technology Fast 50 gives a great profile to technology companies and is internationally recognised as being one of the most important business awards in the sector. These awards are an opportunity for businesses to gain recognition for their successes and achievements over the last four years. The 50 fastest growing UK technology companies, as ranked by Deloitte, generated around £1bn in total annual revenues in the year 2016/17, employing more than 9,000 people, including 1,800 in R&D alone. The Deloitte UK technology Fast 50 recorded an average four-year growth rate of 3,756 per cent.”