Timico
Timico is an Information Technology Managed Services provider in the United Kingdom.
Private limited company | |
Industry | Information Technology and Managed Services |
Founded | 2004 |
Headquarters | Newark-on-Trent, Nottinghamshire, England, UK |
Key people | Neil Muller CEO, John Holt COO, David Jones CPO, Scotty Morgan CSO. |
Products | Broadband services, Unified Communications, Hosting Services, Private Wide Area Networks, Mobile Device Management |
Website | www |
Company overview
Timico gained a top 10 place in The Sunday Times Tech Track Fastest Growing Companies list,[1] and in 2009 were ranked 7th in the Deloitte Technology Fast 50. Timico was founded by Tim Radford who previously ran Project Telecom, a mobile service provider which was sold to Vodafone in 2003 for £162m.[2] The company moved into purpose built offices in Newark-on-Trent, Nottinghamshire, in January 2007, from the Chairman's family barns, which previously housed the company. Timico announced[3] its intention to float the company on the Alternative Investment Market in May 2014, but later abandoned these plans citing poor market sentiment.[4] Timico was confirmed as the new sponsor of the Cheltenham Gold Cup in December 2015.[5] Timico appointed Ben Marnham as the new Chief Executive Officer on 1 September 2016.[6] Timico appointed Neil Muller as the new Chief Executive Officer on 5 November 2018, he joins John Holt as the Chief Operations Office and Ben Savage as the MD Sales & Marketing
Acquisition history
Timico has acquired nine smaller companies including business ISPs, a managed IT service provider, unified communications provider and a mobile applications specialist.
- 2004 – Atlas Internet[7] which has been consolidated into Timico
- 2009 – KeConnect and Twang[8] which have been consolidated. Twang was acquired at £1,625,000[9]
- 2010 – NewNet[10] which now forms its Partner Services division – Acquired for £2,350,000.[11] Newnet operates an access network utilising Local-loop unbundling from 11 exchanges in and around Fareham[12]
- 2010 - Handheld PCs[13] – a business which specialised in media capture software for mobile devices which was acquired for £400,000[14] has been consolidated into Timico
- 2011 – Powernet[15] which was consolidated into Timico in December 2013 and now forms its Managed Networks division
- 2012 - Redwood Telecommunications[16] which was acquired for an undisclosed sum. Redwood was consolidated into Timico in June 2013 and now forms its Unified Communications division
- 2015 - Wirebird,[17] a managed services and IT consultancy business, which was acquired for an undisclosed sum and was rebranded Timico Technology Services in March 2015[18]
- 2015 - Coms [19] which was acquired for £2.5M and comprised the brands ADSL24, Actimax, CloudXL and Universal. It has been fully consolidated into Timico
- 2018 - 25SevenIT [20] a managed services and IT consultancy business, which was acquired for an undisclosed sum in November 2018.
Newark data centre
Work began in 2011 to build a £7M combined office and data centre[21] to cope with business expansion and new virtualised hosting services. The facility was officially opened by Newark MP Patrick Mercer on 18 January 2012.[22] The opening ceremony was included in an ITV Central news article about cloud computing.[23]
The tier three facility contains two 2,000 square foot data halls, each with 72 racks for co-location. Virtualised computing and storage is provided by Cisco’s Unified Computing System and EMC’s VNX platform. Network infrastructure utilises a Juniper MX80 IP Switching platform with 10Gbit/s fibre internet connectivity.[24]
The Duke of Kent visited the facility in September 2013.[25] Chancellor George Osborne also toured the data centre and met technical apprentices while campaigning for the 2014 Newark by-election.[26]
Blogging and publicity
Timico's former CTO Trefor Davies, a prolific blogger, has employed unusual tactics to highlight internet industry issues and causes including using a pigeon to highlight the problem of slow broadband speeds in Lincolnshire in September 2010.[27] On 5 January 2012 an attempt to beat the world record for the most number of comments on an online news article in 24 hours ran [28] in support of the RNLI.[29] More than 5,000 unique comments were made, but following verification from the Guinness World Records it was confirmed this did not beat the official world record, which is held by a Japanese recording artist who achieved more than 56,800 comments to his blog in 2011.[30] Trefor left Timico on 20 December 13 to develop his blog into a commercial venture.[31]
References
- Harris, Janet. "Timico 23rd Fastest Growing Technology Company". TechWatch.
- White, Dominic (6 August 2003). "Vodafone buys Project Telecom". The Telegraph. London. Retrieved 6 August 2003.
- "Timico planning £55m stock float". City AM. Retrieved 12 May 2014.
- Baker, Richard. "Cloud hanging over stock market flotation scuppers £15M plans". Nottingham Post. Retrieved 29 May 2014.
- "Timico unveiled as new Gold Cup sponsor". Racing Post. Retrieved 21 December 2015.
- "New chief executive for technology company Timico". Nottingham Post. Retrieved 30 August 2016.
- Richardson, Tim. "Timico snaps up Atlas Internet". The Register. Retrieved 2 November 2004.
- "Timico rebrands recently bought KeConnect, Twang.net". Telecom Paper. Retrieved 11 June 2009.
- Timico Technology Group 2008 Accounts
- "Timico acquires NewNet plc". ThinkBroadband. Retrieved 1 February 2010.
- Timico Technology Group 2009 Accounts
- "LLU Operators - Newnet". SamKnows. Retrieved 28 February 2009.
- "Timico Acquires Handheld PCs". Comms Business. Retrieved 7 October 2010.
- Timico Technology Group 2010 Accounts
- "Timico acquires Powernet". Comms Dealer. Retrieved 3 June 2011.
- "Timico Technology Group gobbles Redwood". The Register. Retrieved 9 February 2012.
- McGarrigle, Padraig. "Timico purchases managed services provider Wirebird". Mobile News. Retrieved 19 May 2015.
- Robinson, Dan. "Nottinghamshire technology firm Timico continues growth with rebranding". Nottingham Post. Retrieved 2 March 2016.
- Cunert, Paul. "Told ya! Coms flogs telco arm to Timico in £2.5m deal". The Register. Retrieved 26 May 2015.
- Nov 19, Ty Trumbull •; 2018 (19 November 2018). "MSP Acquisition: Timico Buys Microsoft Partner 25sevenIT". ChannelE2E. Retrieved 12 March 2019.CS1 maint: numeric names: authors list (link)
- Tresider, Richard. "Timico's £7m investment to reap 150 new jobs". Nottingham Post. Retrieved 7 February 2011.
- "£5m data centre opens up world of opportunity". Nottingham Post. Retrieved 19 January 2012.
- "What is cloud computing". ITV Central News. Broadcast on 19 January 2012 at 18.00GMT.
- "Timico selects BT iNet to deliver UK-wide private cloud services". theDataChain.com. Retrieved 25 October 2011.
- "Timico gets the royal seal of approval". Business Link. Archived from the original on 27 September 2013. Retrieved 24 September 2013.
- "Chancellor spends time in Newark in by-election push". Newark Advertiser. Retrieved 19 May 2014.
- "Pigeon beats broadband in Lincolnshire". BBC News. 16 September 2010. Retrieved 16 September 2010.
- Warman, Matt (5 January 2012). "All aboard for an online commenting world record". The Telegraph. London. Retrieved 5 January 2012.
- Arthur, Charles (5 January 2012). "Briton seeks commenters to help set record and raise £100,000 for RNLI". The Guardian. London. Retrieved 5 January 2012.
- "World record attempt – the results are in". Trefor.net. Retrieved 11 January 2012.
- "Bit of news – Trefor Davies to leave Timico at Christmas". Trefor.net. Retrieved 20 December 2013.