Mercato puts transformation into the fast 50 ranks
Enterprise applications provider, Mercato Solutions, has made a landmark entry into the Deloitte Fast 50, ranking second in the Midlands and 22nd nationally, as one of the UK’s fastest growing technology businesses.
With strong growth of 1219% over the last four years, the business has developed a track record for helping organisations save and make money by transforming the roles of buying, selling and service delivery with large scale data management and simple online software tools.
Mercato is delivering world-wide roll-outs for organisations like IBM and global insurer JLT, helping them to reduce operational costs, transform competitive advantage and shorten sales cycles. The business has also delivered CIPS accredited eprocurement technology for suppliers of Government Procurement Service.
Mercato Solution’s Managing Director, Peter Robbins, said: “As austerity grips the world, we continue to support organisations in getting more from less with configurable tools delivered from the Cloud.
“Whether that means getting greater results from a sales team or driving down the cost of products and process in procurement, our customer-centric focus is introducing more efficient and joined up ways of working for both public and private sector organisations. We major on transforming the way business is done.”
Chris Robertson, partner and head of Technology, Media and Telecommunications (TMT) at Deloitte in Birmingham, comments: “The Deloitte Technology Fast 50 measures levels of sustained revenue growth over five years. Given the very challenging market conditions we have seen since 2007, this represents an impressive achievement for the four Midlands businesses ranked.
“This year’s ranking also highlights the importance of finding a niche product or service to beat the sluggish economy. The wide variety of rapidly changing devices and operating systems currently in use means that TMT companies need to be a step ahead, not only to identify these changes, but to form an effective business model around them.”