Simply Group in Fast50 Business Awards

Simply Group secures positions in Deloitte’s prestigious Fast50 Business Awards

Two Simply Group businesses have been named as finalists in Deloitte’s Fast50 2017 regional awards.

Simply Group’s private network utility solutions business Tenco was named as a finalist for the national 2017 Deloitte Fast50 index from the Christchurch and Upper South Island region for the second year running last night, bringing its national ranking in the 2016 index to number six.

Simply Group’s other subsidiary company Simply Energy was also awarded as finalist in the new Master of Growth category, following its placing in the Fast50 Index four consecutive years between 2010 to 2013.

Both these businesses are now entered into the nationwide Festival of Growth to be held in Auckland on 9 November where the overall New Zealand Fast50 index and Master of Growth will be announced.

Simply Group Commercial Director Murray Dyer says it is pleasing to see the company’s achievements recognised.

“It is pleasing to see Simply Group’s efforts recognised in setting up and running different business services which have produced highly successful results in such a complex and highly regulated market.

“We are not afraid to question the status quo and believe innovation is the key to success in the energy and utility sector that will provide real benefits to consumers and the broader economy through our services providing real economic benefits to our clients through enhancing energy and utility cost-savings and optimising assets to enhance profitability for our clients by taking care of this aspect of their business.”

Tenco was established in 2010 and provides private network utility solutions for more than 100 property group businesses including shopping centres, airports and business parks.

It implements and runs embedded networks, including reconciling, billing and adhering to regulations and compliance for clients. It also manages utility billing for electricity, gas, water and waste.

It has experienced an increase in sales turnover over the last several years and continues to grow, with a rise in demand for its services from existing and new clients, along with the development of further value add services such as Simply View. SimplyView is a monitoring and reporting tool that provides valuable reporting and data insights on utility use for businesses and property owners.

Simply Energy, a registered electricity generator-retailer which provides white label retail services and electricity supply to commercial and industrial businesses, and is a fundamental business arm of Simply Group, was established in 2005, and has grown materially since its inception.

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