Security and transportation corporation G4S has reported that its group turnover is up by 11 per cent that technology investment is winning customers.

"Our overall achievement of 4.8 per cent organic growth is a strong performance against a backdrop of lower economic growth and inflation falling in many of our markets," said Nick Buckles, G4S CEO. Group turnover at the company, which was formed from the merger of Group 4 and Securicor, was up by 11.8 per cent to £3,486.1 million.

"Through good cost control, productivity improvement and focus on service quality across the group, we have achieved double digit profit growth and improvement in the margin compared to the prior year," Buckles said.

G4S, a CIO 100 ranked company, said that its Secure Solutions customer base has been demanding reduced costs. As a result the organisation has been investing in security technology, including a new platform that integrates a wide range of security features within a building to a single platform. In June 2008 G4S acquired Touchcom a US security systems provider that specialised in integration.

Secure Solutions provides a wide range of security, from event security, including the Wimbledon Tennis Championships, operating custody units for the police, juvenile and offenders units in the UK and airport security.
G4S has in recent years developed a new cash management application which removes the need for retailers to count and reconcile cash. The Cash 360 service has secured a number of trials across in different markets and has sales agreements "pending", it says.