Bristol based technology recruitment business Paratus People has announced a record 125% growth in income for 2020 with turnover up from £2m to £7m in the last four years and team growth up 40% in the last 12 months.
Specialists in the Internet of Things (IoT) and video technology fields, Paratus People represents a global client portfolio including Liberty Global, Technicolor, Sky Deutschland. The company provides augmented staffing solutions across the world, with offices in Bristol, Amsterdam and Brussels.
The company is also expanding to the Silicon Valley region in the US to take advantage of the booming sector growth and need for tech experts. It has announced a new base will open in Santa Clara – home to many of the world’s biggest tech companies including Intel and Hitachi Data Systems.
This year sees the launch of a dedicated German division with the incorporation of Paratus People Deutschland GmBH as well as several new ventures including an update to its successful IoT Podcast and a new IoT Jobsite.
The IoT podcast is a platform for eminent thought leaders in the IoT world to share their knowledge and insight into the future of IoT, showcasing their personal and professional involvement in the industry. Hosted by Tom White, founder and managing director of Paratus People, there are around 4 episodes a month.
The IoT Jobsite is a central hub, advertising available roles for people looking for opportunities in the IoT space.
A new area of expansion for Paratus People is in Reference Design Kit (RDK) a fully modular, portable, and customisable open-source software solution that standardises core functions used in video, broadband and IoT devices.
As part of this new part of the business, the company is launching a second podcast series. The RDK Podcast will be a specialist forum for industry experts to discuss advances in this thriving area of technology, hosted by Jamie Walker, head of video at Paratus People.
Commenting on the business growth, Tom White said: “While 2020 and the pandemic sent shockwaves around the world, we saw in our area of the sector that people hunkered down and consolidated what they were doing. The result a year on is an explosion in innovation and R&D projects coming to the market – all requiring technical and engineering expertise alongside the need for tech sector support staff.”
“We have also seen a boom in the need for video and adaptive Wi-Fi solutions, caused by the large numbers of people now working from home.
“The world is rapidly opening back up again. We are now seeing a surge in certain areas of technology which has allowed us to grow the business. We had a record year last year which enabled us to create many new jobs in our hometown of Bristol and further afield. This year looks set to be another strong year and we’re very focused on providing world-leading talent consultancy to our clients.”
For more information visit: Paratus People, IoT podcast and IoT jobsite
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