Timico
Company Overview
Timico, established in 2004, was a UK-based Information Technology Managed Services provider headquartered in Newark-on-Trent, Nottinghamshire, England. The company specialized in delivering a range of services, including broadband, unified communications, hosting, private wide area networks, and mobile device management. In June 2021, Timico underwent a rebranding and is now known as Digital Space.
Historical Background
Founded by Tim Radford, who previously led Project Telecom before its acquisition by Vodafone in 2003, Timico quickly established itself in the UK’s tech sector. The company gained recognition, securing a top 10 position in The Sunday Times Tech Track Fastest Growing Companies list and ranking 7th in the Deloitte Technology Fast 50 in 2009. Over the years, Timico expanded through strategic acquisitions, including Atlas Internet in 2004, KeConnect and Twang.net in 2009, and NewNet in 2010. In June 2021, the company rebranded as Digital Space to reflect its evolved service offerings.
Product and Service Portfolio
As Digital Space, the company continues to offer a comprehensive range of managed IT services:
- Cloud Services: Providing scalable cloud solutions tailored to business needs.
- Managed IT Services: Offering comprehensive IT support and management.
- Connectivity Solutions: Delivering reliable internet and network connectivity.
- Unified Communications: Integrating various communication channels for seamless interaction.
- Cybersecurity: Implementing robust security measures to protect business data.
These services are designed to support businesses in their digital transformation journeys, ensuring efficient and secure operations.
Industry Applications
Digital Space’s solutions are implemented across various sectors:
- Retail: Enhancing customer engagement and operational efficiency through integrated IT solutions.
- Healthcare: Supporting healthcare providers with secure and reliable IT infrastructure.
- Education: Facilitating digital learning environments with robust connectivity and support.
- Professional Services: Enabling seamless communication and data management for service-oriented businesses.
These applications underscore the company’s commitment to providing versatile and reliable IT solutions tailored to specific industry needs.
Notable Achievements
Throughout its history, the company has achieved significant milestones:
- Data Centre Development: In 2011, Timico invested £7 million in building a combined office and data centre in Newark-on-Trent to support business expansion and new hosting services. Wikipedia
- Strategic Acquisitions: The company expanded its capabilities through acquisitions, including Wirebird in 2015 and 25SevenIT in 2018, enhancing its managed services and IT consultancy offerings. Wikipedia
Leadership Insights
As of the latest available information, the leadership team includes:
- Neil Muller: Chief Executive Officer, leading the company’s strategic direction.
- John Holt: Chief Operations Officer, overseeing operational functions.
- David Jones: Chief Product Officer, responsible for product development.
- Scotty Morgan: Chief Sales Officer, leading sales strategies.
- Martin Riley: Chief Technology Officer, managing technological advancements.
This leadership team guides the company’s mission to provide integrated IT solutions that meet the evolving needs of businesses.
Financial Performance
Timico, now Digital Space, has demonstrated financial stability and growth. In October 2022, Digital Space was acquired by Graphite Capital, indicating continued confidence in the company’s market position and future prospects.
Recent Developments
In June 2021, the company rebranded as Digital Space to better reflect its focus on digital transformation and managed IT services. Following this, in October 2022, Digital Space was acquired by Graphite Capital, a move that is expected to further support the company’s growth and service expansion.
Future Outlook
Looking ahead, Digital Space aims to continue its leadership in managed IT services by focusing on the development of advanced solutions for businesses across the UK. The company plans to leverage its comprehensive product and service portfolio to meet the evolving needs of its customers, driving digital transformation and enabling seamless connectivity nationwide.
Digital Space’s commitment to providing high-performance IT solutions positions it as a significant player in the UK’s technology industry, supporting the connected experiences of businesses across various sectors.
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