At HVPD, we provide market-leading solutions that help to give companies a better view of the condition of their high voltage electrical assets. This enables them to fix or replace their machines based on their condition, improving efficiency and saving money. In a nutshell, that’s what we do, and we are trusted by some of the biggest companies in the world like BP, Chevron, Nasa, and CERN.
Why did you decide to apply for a Queen's Award?
We develop technology that detects something called ‘Partial Discharge’ in a medium of high voltage asset’s electrical insulation. It’s still a relatively-young field, which is why, year on year, we invest 30% of our annual turnover into research and development, to ensure we keep our place as leaders in Partial Discharge technology. Our unique solutions have been granted patents in a number of countries around the world, which has helped us to grow internationally. It is for this growth that we were awarded our latest Queen’s Award for Enterprise.
What has winning the Award meant for you?
As a UK manufacturer, with a 92% export track record, this award is something everyone in the company should be proud of as it is all down to teamwork.
We wouldn’t be where we are today if it wasn’t for the people that make up HVPD. I’ve been here since the company was just 3 years old, and have seen us grow exponentially. We are all passionate about the advancement of Partial Discharge technology in general, and knowledge transfer to our newer members of staff is our ethos. I’m particularly proud of the culture we have built over the years.
How will the Award benefit your business?
Winning this award can only help us to grow even further. We are always looking to break into new markets and industries, and proudly displaying our Queen’s Award is such great way to start those all-important conversations about our technology. We call it our Royal Seal of Approval, because that’s how it is perceived worldwide.
Do you have any advice for future Queen's Awards applicants?
For anyone looking into applying for a Queen’s Award consideration, I would say that the whole process itself can be very beneficial for any business. Compiling the application is an opportunity to reflect on the achievements you have made, and a good way to take stock of the direction you’re heading. I would say that you should give the process the time it deserves, and you might get something out of the application itself – as a marketeer at heart, I’d say at least some marketing content! And as for actually winning the award, you can’t put a price on being able to wear that prestigious emblem – it opens so many doors for a growing business like ours.