Crimson Tide: “We’re investing for growth”

Episode 1343,   Apr 19, 2023, 02:42 PM

(Watch the video interview HERE)

In this interview, Vox Markets talks to Jacqueline Daniell, Group CEO of fast-growing SaaS company Crimson Tide #TIDE, about how it’s primed itself for growth by investing in its business to help companies make sense of the vast quantities of data generated by Internet of Things hardware.

0:35 Introducing Crimson Tide #TIDE, its core mpro5 product, and the benefits it 
offers its customers across key sectors including logistics and facilities 
management. 
2:40 Describing the business model behind 30% sales growth reported in its 
latest results, and the high-margin, low churn nature of its “Software With A 
Service” contracts.
4:11 Driving growth by selling more services to existing clients.
4:44 Investment in the business to develop the product, scale the business, and 
expand geographically.
10:00 The ongoing development of the product to meet and anticipate customer 
needs
10:50 Details of the first US contract, and how Crimson Tide is positioning itself 
to address the opportunity there.
14:11 The trends supporting growth, including expansion of the Internet of 
Things (IoT), ESG reporting, and the needs of companies for data management 
products that support regulatory reporting. 
15:57 Discussing a sales pipeline at record levels and growing.
17:45 A first major contract with the NHS, and the huge opportunity to support 
the health service in driving efficiencies in the NHS estate.