We are pleased to announce that we have become the first ever Welsh company to feature in the annual Tech Nation Future Fifty growth programme.
Future Fifty was established in 2013 to champion and support British tech businesses as they scale up their operations nationally and internationally. The programme supports the companies in creating jobs and opportunities across the UK and inspiring the next generation of entrepreneurs.
Bill Safran, CEO of Vizolution said: “As a scaleup that has enjoyed considerable success so far, we decided to enter Future Fifty to expedite our expansion and are delighted to have been selected in this year’s growth programme.
“We work with over 30 global enterprises from the financial services and telecom industries (including HSBC, Santander and RBS) and are currently focused on expanding our client base. The Wales technology sector is well established, with a very supportive ecosystem, so we are incredibly proud to be first ever Welsh technology company on the list.”
2019 proved to be a positive year for UK technology companies, with the tech sector growing six times faster than any other industry. Digital tech now employs 2.9m people in the UK and accounts for 9% of the national workforce.
Gerard Grech, Chief Executive, Tech Nation, said: “In a rapidly changing world, the UK is a shining light for tech entrepreneurs, investors and employees.”
Indeed, the UK became home to 95 companies valued at between US$250-$800m in 2019, which is significantly more than any of the UK’s counterparts: France is home to 61, Germany 46, and Israel 46. Approximately 45% of the scaleups are based outside of London, including in Chester, Coventry, Leeds, and, of course, Port Talbot, which is where Vizolution is headquartered.
Although we have been headquartered in South West Wales since we were founded in 2013, we have enjoyed significant growth in recent years, and in 2018 opened a new office in Toronto to accommodate our North American expansion.
Vizolution also has offices in London, Bristol and, of course, our Silicon Valley-inspired workspace in Port Talbot.
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