118 trades Invest £250k in new information technology platform
Daniel Corby, founder and CEO of the internet directory business, 118 trades has announced a new information technology project for the 118 trades business, which will see the parent company, 118 group invest huge amounts of time, technology and money to the project. Speaking about the announcement, Daniel Corby said “118 trades now lists in excess of 50,000 businesses across the UK and in a short space of time has become of the premier business directory listings in the UK today. This investment in IT platforms and billing systems will allow the 118trades business to grow even faster in 2007 / 2008 as it prepares for full National coverage. We have looked at a number of IT systems on sale but have decided to build our own bespoke system, which will make communication, sales and billings much easier to administer. 118trades was founded in 2005 and now part of the parent company, 118 group with interests spanning Telecoms, Advertising, Marketing, Mobile and Directories – this huge investment can be seen as the back bone of our operation and will support the uk offices and our call centre in Asia from q4 2006”
Last month, 118 trades announced the opening of a new state of the art call centre in Chelmsford and is creating around 350 new jobs at the centre, 80% of which will be sales based, 15% administration and the balance in IT, in a combination of user support and system design.
118trades operates call centres in the UK and Asia and has plans to launch in Mainland Europe at some stage in 2007, when parent company 118 Group is planning floatation on AIM. The business has continued to beef up the Management team, with 3 high profile board appointments in as many months. Business veteran, Richard Allan joined the board in June as Chairman, Hugh Craen, founder and ex MD of Potential Finance Group plc joined the board in August as Non Executive Director and Peter Hill, previously FD at Dorma Door Controls has announced he has taken the Group FD role at 118 trades.
www.118trades.com
www.the118group.com
