Telensa Named “One to Watch” in Sunday Times Hiscox Tech Track 100

Smart City Technology Firm Recognised for Rapid Growth2017 Tech Track OTW logo

Cambridge, 11th September 2017 – Telensa, the global leader in connected street lighting and Smart City applications, today announced that it has been named as one of fifteen ‘Ones to Watch’ in the annual Sunday Times Hiscox Tech Track 100 Report. The fast-growing company recently filed its financial year 2017 accounts, which show revenues of £23M and a profit of £3M. The company’s revenues have grown by 90% since 2016, and are 3x those reported for 2015.

The Sunday Times Hiscox Tech Track 100 league table ranks Britain’s 100 private tech (TMT) companies with the fastest-growing sales over their latest three years. It is compiled by Fast Track and published in The Sunday Times each September.

Telensa’s PLANet is the market-leading Central Management System (CMS) for streetlights, with over 80 city and regional networks deployed across 5 continents and a project footprint covering 1.5 million streetlights, including the world’s largest deployment in the US. Based on a dedicated low power radio system designed to control millions of devices over wide areas, PLANet future-proofs investments in LED street lighting by enabling dynamic customisation of lighting levels and automatic fault reporting. It also provides cities with an affordable platform for hyper-local sensor applications.

The Sunday Times notes that some Ones to Watch firms have hired experienced entrepreneurs to boost their potential. Will Franks, who became Telensa CEO in 2016, sold the telecoms firm Ubiquisys, which he founded, to Cisco for $310m in 2013.

“We are delighted that Telensa has been recognised in the prestigious Sunday Times Hiscox Tech Track 100. This reflects the company’s exceptional growth in recent years due to an increasing recognition of the benefits of connected street lighting and demand for Smart City developments,” said Will Franks, CEO Telensa. “A small organisation founded in Cambridge has transformed into a global market leader with deployments both in the UK and throughout the world.”

The full results were published in a special four-page supplement within the Business section of The Sunday Times on 10th September, both in print and online, and on www.fasttrack.co.uk.

 

About Telensa

Telensa® makes wireless smart city control applications, including PLANet®, the world’s most widely deployed smart streetlight solution, with a global footprint of 1.5 million lights across five continents. Based on a compelling business case with proven scalability, Telensa’s solutions provide cities and utilities with a low-cost platform with open interfaces to add multiple sensor applications over wide areas.

Fundamental to Telensa’s success is its Ultra Narrow Band (UNB) radio system, which has the unique combination of low cost, long range, long battery life and 2-way communication for massive numbers of devices. Telensa is working alongside other leading vendors within the European Telecommunications Standards Institute (ETSI) to standardise Low Throughput Networks (LTNs) for wireless IoT.

Telensa solutions are designed and developed in Cambridge UK with hardware manufactured with Sony UK Tech in Pencoed, Wales.

Fast-Growing Smart City Firm Telensa Appoints Sue Thexton as Chief Sales Officer

Company responds to accelerating global demand for its Smart City applications, as it reports 90% annual revenue growth and profitability

Cambridge, UK – September 5th 2017 – Telensa, the global leader in connected street lighting and Smart City applications, today announced the appointment of Sue Thexton as Chief Sales Officer (CSO). Sue has a proven track record of growing businesses internationally, and will take command of Telensa’s global sales organisation as it ramps to meet accelerating demand for its Smart City applications.

Sue has previously led significant business growth for several global software companies, including Macromedia and Adobe. More recently, she built the team that grew Brightcove’s EMEA and LatAm cloud-based video business, and launched the global sales strategy for V-Nova, a privately-held video compression technology company.

“I’m excited to be joining Telensa at such a cSueThexton_Telensaritical point in its growth strategy,” said Sue Thexton, Chief Sales Officer at Telensa. “With a strong foundation as the leader by market share in street lighting networks and with many innovations in the pipeline, Telensa is well-placed to capitalise on the huge growth in Smart City projects worldwide.”

“Sue brings deep commercial and leadership experience in applications, and I’m delighted she is joining us now, as we build Telensa’s commercial momentum and expand our range of Smart City applications,” said Will Gibson, Chief Commercial Officer at Telensa.

“Telensa has a unique formula for delivering Smart City applications with the scale and affordability that cities need,” said Will Franks, Chief Executive Officer at Telensa. “Sue will play a key role in realising our company’s commercial potential.”

Telensa recently filed its financial year 2017 accounts, which show revenues of £23M and a profit of £3M. The company’s revenues have grown by 90% since 2016, and are 3x those reported for 2015.

About Telensa
Telensa® makes wireless smart city control applications, including PLANet®, the world’s most widely deployed smart streetlight solution, with a global footprint of over one million lights across five continents. Based on a compelling business case with proven scalability, Telensa’s solutions provide cities and utilities with a low-cost platform with open interfaces to add multiple sensor applications over wide areas.

Fundamental to Telensa’s success is its Ultra Narrow Band (UNB) radio system, which has the unique combination of low cost, long range, long battery life and 2-way communication for massive numbers of devices. Telensa is working alongside other leading vendors within the European Telecommunications Standards Institute (ETSI) to standardise Low Throughput Networks (LTNs) for wireless IoT.

Telensa solutions are designed and developed in Cambridge UK with hardware manufactured with Sony UK Tech in Pencoed, Wales.

Contact Ed Howson at Temono
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