Health and Care drive strong growth at TotalMobile

Belfast-based TotalMobile has reinvented itself over the last few years and is now a fast-growing force to be reckoned with in the UK mobile working applications space, particularly in local government and healthcare. The SME, which was formerly known as Consilium Technologies and before that Task Software, is now a useful partner to—and potential acquisition target for— many a UK SITS player.

In the year to end of December 2014, TotalMobile turned over £11.6m, up by nearly 20% from £9.7m the year before, and EBIDTA doubled to £2.2m in the same period. That strong growth is set to continue; CEO Colin Reid expects revenue growth to be around 30% this year taking turnover to c£15m in 2015.

The bulk of TotalMobile’s revenue still comes from its business with local government but it’s had great success diversifying into other verticals. Health and social care are TotalMobile’s fastest growing markets, reflecting the importance of mobile solutions to these areas of the UK public sector market (see also Personalised Health & Care 2020: SITS Implications & Opportunities) and the traction that its products have managed to gain in a short space of time.

TotalMobile derived about £4m of its revenue from health and care in 2014, compared to nothing in 2012. It now has some 15 NHS customers and Reid expects the two sectors to account for around half of the group’s revenue this coming year. The SME has already won two major health deals this year to-date, in partnership with BT and via G-Cloud. Interestingly, both are with mental health trusts and TotalMobile’s first wins in this sub-sector and are worth around £2.5m to the company.

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Posted by Tola Sargeant at '15:35' - Tagged: localgovernment   software   socialcare   health   mobility