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Mobile Ticketing – The Streamlined Future

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Corethree’s unique delivery mechanism allows the team to combine innately bespoke functionality and deep integration with vendors’ IT infrastructure with a robust, proven, scalable and crucially, future-proof foundation. It is the unwavering efforts of Ashley Murdoch, CEO of the Year, UK, and his award-winning team that have made the company a major figurehead in ardently providing its clients and users with services unparalleled in excellence, innovative technological solutions and indeed, record-breaking results time and time again.

Global leaders in mobile ticketing and e-commerce, Corethree takes intelligent advantage of the single biggest opportunity to create a direct communication with the customer – the intersection of mobile and data. Specialising in integrating, analysing and monetising content, products, data and services for mobile and enterprises, this marketing-leading business bridges gaps between vendor and consumer.

As CEO, Murdoch makes no secret of how the success of the business correlates to the quality of his team. Open and accountable, Murdoch focuses his highly skilled staff on the visions which are to be achieved and ensures that resources are available, be they human, technological or the odd packet of biscuits, to make goals become reality and that funding is available for the execution of these strategies. A position that isn’t easy, yet after Corethree’s multiple awards for its m-ticketing system over the past few years, evidently Murdoch is excelling in guiding his team to success.

The esteemed recognition for this has taken many forms, including the highly credible Most Effective Mobile Ticketing System 2013 and Most Innovative Technology at the Engagement & Loyalty Awards 2016, all based upon Corethree’s patent pending solutions platform, Core Engine.

Having established Corethree back in January 2010, Murdoch’s role has certainly evolved over the years. “Being CEO of a start-up with two other staff members means that you do have to undertake multiple and varied roles,” says Murdoch.

“You find yourself moving from updating the business plan, to booking viewings for office space and tracking down cheap desks! But I’ve always aspired to get here and it is extremely exciting and rewarding.”

As the leader of his team, Murdoch emphatically highlights that he adheres to the principles of deliverance and support. Be it sponsoring an event or taking the team out for a few beers, it is imperative to follow through on your word, lead from the front and be reliable for your staff. If your team have faith if you, they’ll be more confident in themselves. It’s no secret that a team that feels appreciated will always go further than expected. Murdoch endeavours to ensure that the people he works closely with always have everything they need to get the job done, removing hurdles and obstacles so they can power forward.

For an industry-leader and market disruptor such as Corethree, Murdoch sees it as vital that the business keeps a keen eye on new launches. Core Engine, Corethree’s masterpiece in integration technology, enables the business to work with a vast number of technologies so ensuring that the business is ready to adopt new developments is vital.
“That said, it is easy to get bogged down in a spiral as progressions move so fast – not everything is going to be a winner and it’s probably more important to stay afloat of what people are doing with technology or want the technology to do for them.” he says.

“CoreEngine really is the key to our success, along with the grit and determination of the team. It allows us to move very quickly and integrate very fast with a vast array of other technologies. We can get solutions out to market orders of magnitude faster than our perceived competitors. This means we get data and real-world experience quickly, allowing us to modify or re-design if required. Our products work and the solutions must perform the functions for which they are meant, especially when dealing with end-users and their money. We have millions of downloads across many clients and this affords us huge amounts of data that we can analyse and educate ourselves further from.”

“I have a great product and work with great people; we are all intently focused on doing a great job.”

Corethree is now focused on moving into the parking sector, and looking to disrupt the events sector in 2017. “Our goal,” explains Ashley, is to create an eco-system all driven via Core Engine that brings together siloed or disparate companies or technologies via a single sign-on solution to benefit everyone, but most of all the user.”

Corethree has just completed its fourth consecutive year of Hyper-Growth, posting a turnover that has more than doubled in the last two years alone. In fact, to date, Corethree has seen 4,500,000 app downloads; well in excess of 20,000,000 m-tickets issued, and whopping sales of £100,000,000 ($130,000,000) per year, for such high-profile clients as First Group, Transport for London, Go Ahead Group, Capita & Transport for Greater Manchester.

With such figures behind it, it is evident that Corethree is leading the pack as the most successful m-ticketing provider, and yet this ingenious business model humbly started around Murdoch’s dining room table and Murdoch himself cut his sales teeth in retail selling guitars and synthesizers before working for Yamaha UK, Sony Europe, Fortune Brands and Bower & Wilkins UK before moving into the start-up world.

“The turnover that we’ve seen in the last two years alone is phenomenal, and if it doesn’t motivate you to do it again then you probably need a quiet word with yourself. Without sounding all ‘Disney’, it’s pretty cool building the things that help real people get on with their lives. I remember reading some feedback from an end-user using the m-ticketing app for Go Ahead buses who simply said “I love this little app; it gives me an extra fifteen minutes a day in my bed!”” says Murdoch. “That’ll do me.”