Well diagnosis specialist EV has been named as one of the UK’s fastest growing private technology companies.
EV features in The Sunday Times Hiscox Tech Track 100 for the second successive year. The league table ranks Britain’s 100 private tech (TMT) companies with the fastest-growing sales over the latest three years.
The company has a presence around the world and sales have increased at an annual rate of almost 50%, during the period.
EV marketing vice president Federico Casavantes, said: “Given the number of ‘unicorns’ featured in the list – fast growing technology firms valued at over $1bn – we are particularly proud to have achieved this ranking, which is a testament to the quality of our pioneering products and services.”
The company specialises in well diagnosis and production enhancement via downhole video and integrated sensors technology.
Uniquely, EV’s cameras are rated up to 175°c and withstand pressures up to 15,000 psi having achieved successful operations to depths of over 8,500m.
The company has its headquarters in Norwich in the UK and has a team of around 120 employees.