Leading UK construction technology firm Biosite Systems has been recognised as one of Europe's fastest growing companies.

The leader in biometric access control and workforce management solutions for the construction industry was named in the prestigious FT 1000: Europe's fasting-growing companies ranking.

The FT 1000, compiled with research company Statista, ranks European companies based on the highest compound annual revenue growth rate between 2015 and 2018. Placing at 682 in the ranking, Biosite achieved 246.6% absolute revenue growth during the period, with revenue increasing from €3.73 million to €11.01 million.   

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Biosite is one of only six UK-based companies in the construction category and the only company offering technology solutions to the construction industry to make the list.

Li Wang, Managing Director at Biosite Systems Ltd, commented: "Our aim is to support the digital transformation of the construction industry and our technology-enabled solutions help to improve efficiency, safety and compliance on site.

"We have enjoyed significant success in recent years, which is testament to our brilliant team and dedication to providing our customers with the best software and hardware solutions. It's fantastic that our efforts have been recognised and that we can represent construction tech in the FT 1000."

(CM/JG)