5th Place for REDTRAY in Sunday Times Tech Track 100
REDTRAY, the true blended learning company, achieved 5th position in The Sunday Times 2006 Tech Track 100 published on 25 September. The Tech Track 100 ranks Britain's fastest-growing private tech companies based on 2003-2005 sales growth.
Bob Woodland, CEO of REDTRAY says, "A number of online training and education companies are now in the league table which demonstrates the considerable interest that business now places on training and particularly on the more innovative technology solutions rather than traditional classroom based suppliers.
"Our strategy is always to focus on the development of our capabilities in terms of our people and our technology - it's not about growth for growth's sake. We make acquisitions only when it will benefit our business and therefore improve our offerings to clients.
"This fantastic placement in the Sunday Times Tech Track and our continuing success in blended learning is only possible through the continued support of our clients and partners and the dedication and hard work of all our people."
REDTRAY announced a record 2005 turnover of £4.5 million compared to £750,000 in 2004.
Greatest impact was delivered through REDTRAY's agreement with global information technology (IT) services company Computer Sciences Corporation. In this five-year agreement worth £16 million, REDTRAY provides IT education and training services for CSC personnel and clients in the UK. REDTRAY's mergers with Knowledge=Power in 2004 and BlueU in 2005 also added substantially to REDTRAY's range of services, skills and customer base.