Monday, December 16, 2013

News: S3 ID approaches 50


S3 ID, the Rotherham-based provider of cutting edge location awareness solutions is closing in on 50 staff following a year of new contracts, new premises and new owners.

S3 ID has developed a range of specialist hardware and software products that provide real-time personnel location awareness, mustering and access control. They are used in working environments where a major incident would be catastrophic such as oil, gas and petrochemical plants.

Originally formed in 2008, the major exporter recently expanded into new premises in Templeborough. Along with office and administration facilities, the new headquarters will provide S3 ID with scope for a large showroom, workshops and a bespoke product testing area. S3 ID, which will design and manufacture its technological solutions at the site, will also be creating a dedicated Research & Development centre.

Doug Woodbridge, director and head of sales & marketing at S3 ID, said: "The move to larger premises reflects our unprecedented growth over the last two years. Our new premises provide us with a great platform on which to better service our customers' needs and sustain our future growth plans.

"We had outgrown our existing premises and there was little room for expansion. We are delighted to have secured these facilities as it will leave us well placed to continue providing customers with our innovative new technologies."

Over the last four years S3 ID has achieved a near tenfold increase in sales, driven predominantly by innovative, patented new technologies. Customers for S3 ID products include Statoil, Shell, BP, Eni and Conoco Philips.

The company reported profits of just over £1m for the year ended December 2012 and in July, CSE Global Limited (CSE), an international technology group listed on the Singapore Stock Exchange, acquired 75% of S3 ID.

Following rapid growth in a range of international markets, S3 ID has taken on more staff at its new premises, recruiting in all areas of the business, from senior management through to project and design engineers.

Derek Gennard, director at S3 ID, said: "Our new recruits are now firmly embedded into our business and already making a difference to customers.

"Our business has changed so much over the last few years as more customers from around the world chose our patented technologies. Investing back into our business by developing both our existing people and recruiting new talent has created the foundations for this growth."

New contracts will see S3 ID products used at BP's Clair Ridge production facility off Shetland, at the Edvard Grieg EPC project, within the Luno Field on the Norwegian Continental Shelf and on the Greater Ekofisk complex in the North Sea.

S3 ID website

Images: S3 ID


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