Ian Wilcock, formerly of Oxford Instruments, joins Oxford Metrics’ board, strengthening their strategic vision.
- Wilcock’s expertise from over eight years at Oxford Instruments will be pivotal for Oxford Metrics’ growth.
- Taking over from retiring director David Quantrell, Wilcock aims to drive both organic and acquisitive expansion.
- Oxford Metrics recently reported a 50% revenue increase, highlighting its market influence.
- Known for ABBA’s holographic tour tech, Oxford Metrics continues to innovate in motion capture.
Ian Wilcock has officially joined the board of directors at Oxford Metrics, a firm renowned for its motion capture technology. Having spent more than eight years at Oxford Instruments, Wilcock brings with him a wealth of experience, including roles such as managing director of resonance and member of the executive management board. His immediate appointment underscores a strategic shift towards enhancing the company’s growth trajectory.
Wilcock steps into the role, succeeding David Quantrell, who is set to retire later this month after more than six years of service with Oxford Metrics. This transition is expected to further bolster Oxford Metrics’ capabilities in both organic growth and potential acquisition ventures. Wilcock will also continue his role as the executive director of Judges Scientific Plc, bringing additional expertise to his new position.
Roger Parry, Chair of Oxford Metrics, expressed confidence in Wilcock’s ability to contribute significantly to the company’s strategic objectives. Parry highlighted Wilcock’s impressive history of mergers and acquisitions, which will be instrumental as Oxford Metrics embarks on its comprehensive five-year plan.
Oxford Metrics is well-regarded in the industry, particularly after the successful utilisation of its Vicon camera product to produce the holographic projections for the acclaimed ABBA Voyage tour. This achievement is part of a broader pattern of innovation, including the recent launch of the Valkyrie multi-cam motion capture system in 2022. The firm’s financial performance reflects these advancements, with a notable 50% rise in revenue and a significant increase in pre-tax profits to £6.25 million for the year ending September 2023.
Despite these successes, the company has faced challenges, as evidenced by its current share price of 58.25p, which is notably lower than its peak of 115p earlier in the year. Strategic decisions, such as the sale of its infrastructure asset management division, Yotta, for £52 million, indicate a focused approach to strengthening its core competencies in motion capture technology.
Ian Wilcock’s appointment signals a promising new phase for Oxford Metrics in its pursuit of strategic growth.
