CitNOW one of the fastest-growing tech companies in Britain

Time 3 years ago

AUTOMOTIVE video supplier CitNOW has secured a place in the Sunday Times Hiscox Tech Track 100 for the third year running.

The firm now ranks as the 95th fastest-growing tech company in Britain as the benefits of video continue to resonate with the automotive retail industry.

Focusing on the fastest-growing privately-owned tech companies in Britain, the Sunday Times Hiscox Tech Track 100 analyses three-year patterns to measure sustained growth.

With impressive long-term expansion – reporting a 41 per cent increase in sales in the last year alone – CitNOW joins an exclusive list of tech companies to be named in the Tech Track 100 for three consecutive years.

Alistair Horsburgh, CEO of CitNOW, said: ‘To be listed in the Tech Track 100 for the third year in a row demonstrates just how crucial video has become to the automotive retail industry – it’s no longer a disruptor, but a lynchpin for hundreds of businesses across Britain’s automotive industry and beyond.

‘In the age of the digital sale, building trust, transparency and a truly personal buying experience can transform a business. Video has become essential to delivering that in the automotive retail industry, and its importance will only continue to grow.’

CitNOW currently works with more than 40 vehicle manufacturers around the world and is present in 50 countries. With the support and backing of Tenzing Private Equity – who invested in March 2018 – CitNOW plans to accelerate sales growth and develop new products.

MORE: Top video presenters of 2018 named by CitNOW

MORE: CitNOW reveals shortlist of best automotive industry video presenters ahead of 2018 awards

MORE: CitNOW busy expanding its operations in Northern Ireland

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