Business Loans Scotland Invest £50,000 in Glasgow Business Alford FE

Alford FE, trading as TagDat, is a company focused on smart, asset management solutions utilising the Internet of Things (IoT), Cloud and Big Data applications.

CEO and Founder, Steven Breaden started the company at the end of 2015 and has since spent several years researching, developing and building the company’s very own Internet of Things (IoT) platform. Coming from a background in Finance and Technology, Steven had a first-hand insight into the current solutions being used in the industry to track and trace such as Radio Frequency Identification (RFID) and Barcoding solutions, and therefore realised there was a gap in the market which TagDat’s solution could potentially fill.

TagDat is an Intelligent Data Capture Tool, designed to monitor assets at any stage of their lifecycle, from manufacture to logistics, supply chain, storage, operation and end of life.

Offering a variety of solutions across the UK and Republic of Ireland, and with European ambitions in sight, TagDat’s team of four were keen to secure funding to support their growth ambitions to work with big blue-chip companies.

After applying for a loan from Business Loans Scotland, TagDat were successful in securing funding of £50,000 which would be invaluable in helping to accelerate their growth plans.

Full story: Business Loans Scotland