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The UK’s fastest growing private companies: Hot 100 2015 – (41) Mobica

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Name: Mobica 
Industry/sector: IT, software and telecoms
Date founded: 2004
The boss: Jon Clayton
Location: North West
Latest turnover: £213.8m
Three-year compound growth rate (%): 42.8
Latest EBITDA: £3.9m

In its early years Mobica only worked with mobile software. However, after realising the innovative technologies it could help bring to other markets, Mobica expanded its areas of expertise to include high-tech industries including semiconductor, financial technology, TV and broadcasting, automotive and marine. Indeed, its has thrived as a company for a decade, and its success, Mobica said, comes from the deliverance of high quality engineering, as well as an understanding of what customers need.

Due to its constant thirst for innovation, Mobica has been on the receiving end of awards several times. In 2014 it was recognised as one of the fastest growing technology companies in the north by Northern Tech, and has appeared in the Sunday Times Tech Track 100 for the fastest growing companies in Britain three times.

Formed in 2004, the company provides engineering and consultancy services spanning software design, engineering and testing. It has customers in sectors including automotive, mobile, semiconductor, finance and banking, TV and broadcasting, marine and aviation.

With nearly 700 engineers at its disposal and research and development centres based across four different countries and two continents, Mobica has ensured it has the high-calibre resources necessary to undertake groundbreaking work in Internet of Things (IoT).

Essentially, Mobica has helped support many IoT companies to develop and integrate services, allowing each firm’s IoT-enabled devices to be connected, managed and secure. 

Jim Carroll, Mobica’s CTO, said: “The Internet of Things is the single most important strategic technology for Mobica today. Although IoT is relatively new, many of the underlying technologies are mainstays of our project portfolio. As such, we are currently working with many of our customers to develop their next generation IoT solutions, and we expect this trend to continue and grow significantly over the next 12-24 months.”

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