By Scott Wright
NVT, the Scottish IT specialist, has continued its strong run of providing services to major sporting events.
The Bellshill-based firm was the technology supplier to the recent European Short Course Swimming Championships at Tollcross in Glasgow.It builds on the reputation NVT has steadily established in supporting major sporting events since 2014, when its technology underpinned the Commonwealth Games in Glasgow, the Ryder Cup at Gleneagles and the Scottish Open at Royal Aberdeen. The company went on to work at the European Games in Baku, Azerbaijan in 2015 and the European Championship in Glasgow last year.
Chief executive Hamish Fraser said: “Ever since we successfully delivered the technology integration and overall support requirements for the Commonwealth Games in Glasgow back in 2014, the events market has become very significant for us.
“As we start our journey into a new decade, our sights are now set on events which will soon taking place in Glasgow and also further afield. When we bid for these contracts, we will be positioning solutions that were developed because of our very first sporting engagements.”
NVT did not disclose a value for the European Short Course Swimming Championship deal, but a spokesman said it has increased its workforce by nearly 10 per cent on the back of winning major sporting contracts in the last five years.
It hopes to grow the team further if it is successful in bidding for other major deals.
The most recent accounts for the firm, published in March, revealed the best results in its 30-year history.
The company, founded by Stephen Park Brown as NVT Computing in 1988, reported a near-70 per cent jump in net profit before tax to £534,162 for the year ended December 31, 2018. That came as turnover increased to £10m from £6.5m the year before.
According to the accounts, filed in September, the firm employed 61 staff on average over the period, up from 58.
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