Yorktel kicked off a year of celebration for its 30th anniversary with an announcement of record growth for 2014, highlighted by a focus on the corporate vertical market and eye-popping improvements in telemedicine and international expansion.
Yorktel’s annual revenue increased globally by 17% year over year, with revenues in the telemedicine vertical up 77 percent and revenues in the Europe, Middle East and Asia (EMEA) market up 50 percent from 2013 to 2014.
In its announcement at Enterprise Connect in Orlando, Yorktel noted half of its annual revenue is now generated from recurring managed services contracts.
“Last year, we announced that Yorktel would be focusing more on the enterprise, in response to a global demand for applications specific to vertical markets such as healthcare and financial services,” said Yorktel CEO Ron Gaboury in the announcement. “I am proud to say that this strategy is working, as these numbers clearly indicate.
“This success reflects our team’s ability to adapt, overcome and enthusiastically attack new challenges with tenacity and vigor,” he says.
Yorktel’s big year in 2014 also included the acquisitions of MultiSense and Expedite VCS, securing ISO 27001 Certification, opening new offices in France and North Carolina, and welcoming VP of enterprise telehealth Pete McLain and public sector senior program manager John Tisdale to its management team.