Talysis Completes Year One Of Ambitious Growth Programme
DATE: 5 August, 2021 // BACK TO ARCHIVE »
Talysis Ltd is delighted to close its Financial Year End 30th June 2021 by celebrating its most successful year to date. This year has seen the business successfully achieve its year one goal of a bold and ambitious three-year growth plan, which will see Talysis grow four-fold by summer 2023.
In the past year, Talysis has increased turnover by over 20%, launched the Convenience Insight Partnership (CIP) - a major new business venture with Acosta Europe, welcomed a range of new retail, wholesale and manufacturer clients and embarked on a programme of investment in infrastructure and product innovation.
As the business goes from strength-to-strength we are delighted to have also achieved 100% customer retention, whilst welcoming on board new clients, including Costcutter Supermarkets Group, Motor Fuel Group (MFG) and Inspired Pet Nutrition.
In Ireland we have continued our collaboration with our long-standing partner BWG Foods to launch ground-breaking new solutions, including an ‘Auto Quote’ system which provides a revolutionary step forward in the area of retail development and cap ex (not usually an area incorporating the use of data and insights). We also celebrated 10 years of service with our valued client Coca Cola Hellenic.
Whilst in the UK the launch of the CIP has enabled us to provide FMCG brands and convenience retailers with an invaluable depth of insight into their and their competitors’ performance in the UK convenience channel. We were also able to pivot our services to provide specific support during the uncertainty of the Covid pandemic, with weekly insight giving a timely view of the impact of Covid on stores, categories, and brands.
With the business looking to accelerate its growth in 2021/2022, investment has been made in our technical and people infrastructure. We have enhanced our big data capability, created a new systems and product innovation team and further grown our production and operations team. In total our team has grown by over 50% during this financial year.
“We have set ourselves an ambitious yet, I believe, achievable growth aspiration and I am delighted with the progress we’ve made in 2020/2021. We have reinforced our solid foundations, both technically, to enable the development and migration to new platforms and products, and in our people capability, which despite being challenging against the turbulent backdrop of the pandemic has ultimately resulted in some great new talent. As a client-centric business, supporting our customers during the recent volatility was our priority and to do this whilst retaining and growing our client base is real testament to the team we have at Talysis.” said Ed Roberts, Founder, Talysis Ltd. “Looking forward, we will continue to build on this momentum and have been working feverishly on a number of really exciting new initiatives. We look forward to announcing even more great new relationships and products in the very near future.”
If you would like to find out more about our Talysis services then please do not hesitate to get in touch.