CyanConnode Holdings plc, a global leader in Narrowband Radio Frequency (RF) Smart Mesh Networks, has been named the 12th fastest-growing business in the Midlands and East of England according to the 2023 Fast Growth 50 index. The index showcases the top 50 fastest-growing companies in the region and highlights CyanConnode's significant impact on the local economy and its capacity for growth and innovation. The companies included in the index collectively achieved a turnover of £3.2 billion in 2022, with an average growth rate of 202% between 2020 and 2022. CyanConnode's inclusion in the index reflects its commitment to delivering innovative technology solutions in the field of narrowband radio frequency mesh networks and its role in driving economic growth and technological advancement in the region.
John Cronin, Executive Chairman of CyanConnode, commented on the achievement, stating, "Being named in the Fast Growth 50 index is a significant achievement for CyanConnode. This recognition is a testament to our team's hard work and dedication to innovation. We are excited to continue our growth journey, contributing positively to the regional economy."
CyanConnode's RF Smart Mesh Networks are self-forming and self-healing, designed for rapid deployment, and offer exceptional performance and competitive total cost of ownership. The company's award-winning Omnimesh Advanced Metering Infrastructure (AMI) platform has gained commercial traction, particularly in India, which is a key market for the company. CyanConnode has a global partner ecosystem and multiple routes to market, positioning it well to capitalize on the increasing global demand for smart metering solutions.
Investors and interested parties can find more details on the Fast Growth 50 index and CyanConnode's operations on the official website. The company looks forward to building on this success and continuing to drive innovation and growth in the industry.