Posted on Wednesday 14 September 2016 by Ulster Business
Lighting up the launch of the 2016 Fast 50 awards are: Peter Allen, partner at Deloitte; Brendan Monaghan, managing director of Neueda and Mark McCann, head of development and director at Flint Studios.
Companies in software, hardware, communications, media, clean-tech and life sciences sectors are being given a final reminder that the deadline for one of the most prestigious technology contests in Ireland is fast approaching.
The Deloitte Technology Fast 50 awards, now in their seventeenth year, rank Ireland’s fastest growing technology companies and recognise the indigenous technology companies that have demonstrated exceptional growth in turnover over the last four years.
Cumulatively, the 2015 Fast 50 winners generated approximately €480 million in total annual revenues in 2014. The average revenue of companies featuring on the 2015 ranking was €9.5 million, while the average growth rate of the companies over the last four years was 540%.
Eleven companies from Northern Ireland made it into the Fast 50 last year. They were: First Derivatives, Neueda, Learning Pool, Ozaroo.com, Instil Software, Leaf Consultancy, Novosco, Path XL Limited, Seopa, Seven Technologies and Tascomi.
eShopWorld based in Swords, Dublin, secured the top spot in the 2015 ranking. The company achieved a strong growth rate of 9,909% over the last four years.
Following the successful addition of five new awards categories last year supported by leading multinational companies in Ireland, the 2016 Technology Fast 50 will once again allow featured companies to compete to win the prestigious Deloitte 2016 patron awards presented by the following leading multinationals:
The Innovative New Technology Award, in association with Google
Peter Allen, partner at Deloitte said: “The Technology Fast 50 awards have celebrated innovation, entrepreneurship and intellectual property in the technology sector in Ireland for almost 20 years. These awards offer a glimpse into the future of the technology market for venture capitalists and multinational companies and also provide an excellent opportunity for businesses to highlight their achievements and their future ambitions and aspirations in the global marketplace. Many aspirational companies from across the technology landscape have won this award. The class of 2016 will be in good company, and this year’s awards will identify the next generation of dynamic Irish technology companies.”
Two companies were awarded Rising Star awards last year. This category recognises younger companies with the fastest growth in turnover over the past three years. Flint Studios, a digital agency, was Northern Ireland’s winner.
Mark McCann, head of development and director at Flint Studios commented: “The business has experienced a tremendous level of growth in a very short time frame. We have gone from five staff to 23 in just two years. Winning the Rising Star award last year was a great recognition of our hard work.
“The Fast 50 awards are held in high esteem and to be honoured by a company such as Deloitte meant a lot to the business.”
For details of how to enter, please visit www.fast50.ie. The closing date for entries is 16 September 2016 and the winners will be announced on 4 November 2016.