Posted on Tuesday 25 June 2013 by Ulster Business
Pictured at the launch of the 2013 Fast 50 are David Crawford, partner at Deloitte, Jonathan Keatings from 2012 Rising Stars Sixteen South and Jurgen Prause from top ranked NI company Rehabstudio.
Now in its fourteenth year the Fast 50 is one of the island of Ireland's longest standing technology contests and has become a highlight in the annual calendar for the local sector.
The awards rank the very best of the indigenous technology sector and will recognise those companies that have demonstrated exceptional growth in turnover over the last five years.
This year the awards will return to Northern Ireland, taking place in Titanic Belfast on November 8.
Last year, 15 Northern Ireland companies were included in the list last year with Belfast based Rehabstudio achieving 5th place overall based on a growth rate of 1,187%. The 2012 Rising Star award - which recognises younger companies with the fastest growth in turnover over the past three years - was awarded to Belfast based SixteenSouth, a business which creates and produces children's television programmes, for the second consecutive year.
Commenting on the launch of the 2013 awards, David Crawford, Partner at Deloitte Belfast said: "Deloitte has been seeking out and recognising Ireland and Northern Ireland's high-growth technology companies for the past 13 years, and in that time we have seen outstanding companies prosper. Year on year we see exceptional growth in this sector - last year the average growth rate of the Fast 50 companies was a phenomenal 556%.
"The innovation in the sector is clear with companies creating technical solutions to every day needs and marketing them here at home and abroad. Each year we receive a whole host of entries from companies that have never submitted an entry before and we're hoping this year will produce the same," he added.
"However, as well as these new shining lights, the awards also recognise those industry stalwarts including Northern Ireland technology giants Novosco, Andor Technology and Texthelp Systems who have achieved a ranking every year since the awards began, proving the tenacity and long term growth potential of the industry - and this is something we are extremely proud of."
The theme for this year's awards is 'Powerful Connections' as it captures the very essence of the programme which sees winning companies connecting and building powerful connections with their peers in the industry.
Details of how to enter the awards can be found at www.fast50.ie. The closing date for entries is 13 September 2013.