Investment capital drives next stage of growth at Pervacio

By October 9, 2017News, Press Releases
Pervacio Investment

Following on from a series of international contract wins, Pervacio has received an investment boost which will fuel further growth and enable the business to move to the next stage in its global development.

Since launching in 2004, Pervacio has transitioned into a world-leading organization that enjoys successful partnerships with key industry stakeholders across six continents. Having secured a funding package of $8million, we are now even better equipped to pursue market opportunities at a rate that would not be possible through organic growth alone.

The capital investment will facilitate our expansion into markets where we don’t currently have a presence, and will be particularly beneficial in enabling us to specifically target those regions where the most lucrative opportunities lie.

The driving force behind Pervacio is our ability to recognise industry problems and implement cutting edge research and development (R&D) to solve them. Thanks to the new investment, not only will the company be able to divert a larger proportion of its resources to accelerate product development, but we will also be able to enhance, and speed up, the sales process.

As a business we have adopted the pilot model so new customer contracts must progress through several complex stages before a deal is concluded. By allowing us to prove our technology capabilities without any requirement for financial outlay by a potential customer, the investment should act as a catalyst to the sales process, reducing the time it takes to get pilot programmes up and running.

One final, key area in which the investment will support Pervacio’s business development is recruitment. As well as giving us a head start when it comes to attracting the best product developers and designers, the funding will allow us to consolidate and build the skills base within our existing teams around the world.

Pervacio supports organizations with patented products that simplify, centralize and speed up customer operations while also delivering key efficiencies. In an increasingly technologically advanced world carriers, manufacturers, retailers, enterprises, warehouses and insurance underwriters rely on our suite of products for the end-to-end management of mobile devices irrespective of network, device type, operating platform or where the device is in its usage lifecycle.