Principle Networks is accelerating its business expansion strategy following a 50% year-on-year growth in FY24-25 with the appointment of CTO, Mike Beevor.
Beevor will help the leadership team to drive the company’s growth strategy, with targets to double revenue to £12 m and net operating profit to £1.2m over the next two years.
In his new role, he will lead the development of Principle Networks’ technology roadmap, with a clear focus on simplifying cybersecurity and boosting the firm’s upward trajectory.
With over 20 years’ experience in technical security and global strategic roles across a wide range of technology businesses including startups, critical infrastructure, physical security and smart cities, Beevor joins Principle Networks from Zscaler where he helped successfully build the UKI channel, operating as the UKI Partner Chief Technologist.
Beevor commented: “I’ve always believed in doing good business with good people and Principle Networks embodies that philosophy.
“This role presents an opportunity to contribute to a company with strong values, clear principles and ambitious growth targets, and the momentum over the past year has been impressive.”
Russell Crowley, Principle Networks founder and Co-CEO added: “Beevor brings deep expertise in developing and delivering strategic technology solutions, and his experience positions him to lead our next phase of growth.
“Over the past 12 months, we’ve welcomed several new clients, including major projects with Hill Dickinson LLP and Buzz Bingo, and increased our revenue by 50%. With plans to continue this trajectory by doubling revenues over the next two years, Mike’s leadership will be instrumental in helping us achieve our goals.”