Our plans for the future

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Plans for the future

Driving growth

Innovative Technology has grown rapidly in recent years and in 2014 was named the 13th fastest growing private company in Britain in The Sunday Times BDO Profit Track 100.

While the company has enjoyed unprecedented success, we’re even more excited about our future. Our aim is to be the leading global provider of cash handling technology, specialising in banknote validation and recycling technology, coin payment devices, coupon and ticket printing products and emerging payment technologies.

We have ambitious plans for the future, plans that focus on investing in innovative new technologies, growing our international presence and increasing our market share.

Innovative solutions

Innovative Technology’s reputation is built on bringing breakthrough developments to market ahead of the competition. We are committed to maintaining our dominant position, increasing our product range by investing in our research and development capabilities; one of the main engines of our growth.

At the same time, we have continued to innovate, creating new off-shoot businesses at the Innovative Business Park in Oldham, our purpose built research and development office complex. These businesses will investigate new markets and develop the innovations of the future. 

International expansion

We operate in a number of territories through our own offices or in partnership, tailoring our approach to each market. In 2014 we added three more offices to our global structure and extended our network of trading partners. We now have nine offices across five continents and partners in over 20 countries.

Innovative Technology is committed to its global expansion and will continue to establish offices in new regions to provide greater support to customers worldwide.

Existing & future markets

Our existing markets provide significant opportunities for future growth. We will continue investing in the technology, infrastructure and people required to increase our share of the gaming, amusement, vending, retail and kiosk markets.

Continuous and faster innovation will ensure we maintain our leading position in these markets, broaden our product portfolio and increase our customer base across the globe. This desire to continually innovate has led to the development of our AI powered biometric solutions division.

Our future is prosperous and with dedicated gaming customers, our expanding presence in the retail sector plus our new classification of biometric products, we are excited about the next 30 years in business.