Some of the world’s biggest companies, including Diageo, Pepsi and Sky, use Condeco’s software to manage their meeting rooms and book hotdesks. By investing £2m a year in R&D, chief executive Paul Statham, 48, has grown the company from a pure software developer into a developer of products such as digital signs for meeting rooms. Users book their space on their smartphone or computer and then check in on Condeco’s hardware when they arrive for their meeting, enabling companies to eliminate the problem of vacancies when people don’t turn up. Global expansion helped the London company’s sales grow to £10.2m in 2014.
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