Each year, a list of Britain’s 100 small and medium-sized companies (SME) with the fastest-growing international sales is complied by Fast Track and published in The Sunday Times.

Mercato Solutions, a software development company based in Birmingham has entered the competition for the first time and claimed 2nd place. Alongside Mercato, there were another twelve companies based in the Midlands which achieved exponential growth in international trade.

With an average international sales growth of 197.09%, a total sale of almost £6 million and a team of 101 people, Mercato have been recognised globally as digital transformation experts.

Four core independent platforms developed by the West Midlands company can re-shape and transform businesses of any scale with fast turnarounds. With these platforms, companies can create unique marketplaces, rapidly build complex enterprise applications, provide advanced CPQ (Configure, Price, Quote) systems, price benchmark to save organisations on IT procurement, time efficiency and business productivity.

IBM and Lenovo have closely worked with Mercato in building pre-sales configuration software and artificial intelligence tools that allow them to work effectively and continuously innovate their processes and systems.

Marketing Director at Mercato, Simon O’Carroll comments on the success of the company: “Everyone at Mercato has been working very hard to innovate and create disruptive technologies that can be adopted by companies of any size worldwide. Following our latest successes, we have structured a Partner Program which aims to collaborate with resellers, independent software vendors and referral partners to further extend our reach into overseas territories. We are very excited to continue the good work and expand further in the upcoming year.”