12 September 2005
Vanco was founded in 1988 and is the pioneer of the VNO model - an asset-light approach to networking. Its core competences include the design, implementation and operation of global corporate networks, without Vanco actually owning the underlying infrastructure. Vanco selects and procures the requisite infrastructure from existing suppliers and integrates it into the respective corporate network. This way, customers can be offered an optimum price-performance ratio and a solution tailored to their specific business requirements. Additionally, the VNO model allows the client the freedom to alter the underlying technology or carrier depending on changing business requirements.
"For the customer, the advantages of a VNO model are clear: lowest lifetime cost, ultimate flexibility and an absolute service focus," says Allen Timpany, CEO of Vanco plc. "With Swisscom Solutions, globally-active Swiss customers will deal with one contact partner and receive one global agreement. Instead of investing in network infrastructure, we invest in customer care. This way the customer reaps the benefits of cutting-edge technologies and infrastructure options as well as maximum network coverage at the best global prices."
Vanco's customers include Siemens, IBM/Lloyds TSB, British Airways, Ford Motor Company, Accor and Avis Europe. With a compound annual growth rate (CAGR) of over 35% over the last five years, Vanco posted revenues in January 2005 of CHF 240 million. At the start, of 2005 Vanco's 600-strong workforce served customers in 142 countries. The company is headquartered in Isleworth, near London.