Titania has been announced as a 2017 recipient of the Queen’s Award for Innovation. This is the highest official award that can be given to a UK business and shows significant proof of growth, innovation and success.
The brainchild of a cyber intelligence specialist in the security sector, Titania comes from humble beginnings; but, with a truly unique technology offering, founder and CEO, Ian Whiting, has proven that his company is open for big business – prestigious customers include the UK government, the FBI, PayPal, BT and Deloitte.
“To me, the Queen stands for everything that is right and good about the UK, during the war she worked as a mechanic and military driver and insisted on not being evacuated,” said Nicola Whiting, COO at Titania. To receive an award from someone who has shown unfailing strength in a time of constant attack, is an honour and a fitting analogy when thinking about the vigilance and foresight needed for cyber security.”
In the past eight years, Titania has grown from a start-up to a team of 50 people servicing over 80 countries worldwide, with a 400% growth rate in the past year. With 90% of business coming from exports, it’s a great case study for how entrepreneurial British companies can grow in international markets and one of the reasons why Titania has been highlighted as a beacon of British success.
“Awards like these showcase the spirit of Britain,” continued Whiting. “The UK’s international success owes a lot to bedroom entrepreneurs and enthusiasts who drive forward new innovation and ideas ensuring the UK is a major player in the global market.”
Titania’s core technology, Nipper Studio, takes the guess work out of cyber security auditing. Replicating the detailed processes of top industry consultants, it intelligently automates a labour-intensive process, allowing organisations to streamline their cyber security workload at a time when the threat continues to grow at a rate that is impossible to resource. Recent research from cyber security association (ISC)2 highlights, the critical skills gap in cyber, with a predicted shortfall of 1.8m cyber security workers by 2022. Technology and smart automation can help to overcome this global issue and ensure that the cyber security essentials are always covered.
For the UK SME sector, Titania has developed a free risk assessment tool, which incorporates 21 key security checks, 17 of which are from the Government’s Cyber Essentials programme, providing growing businesses an easy place to start in their mission to keep their organisation safe.
The Queen’s Award will be presented by the Royal Family at a special ceremony later this year.