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 c
ritical 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.
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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