2015 Technology Fast 50
The Deloitte Technology Fast 50 in Central Europe is a programme that recognizes and profiles fast growing technology companies in the region. The programme, which is now in its 16th year, ranks the 50 fastest growing public or private technology companies.
The CE Technology Fast 50 report is all about celebrating companies large and small, public and private, local and global that are delivering technological innovations which drive industry and business in our region forward. We believe it is important to acknowledge industry leaders who are able to turn great ideas into stunning realities, and we are proud to unveil this year’s cutting-edge innovators.
Alastair Teare, CEO of Deloitte Central Europe
The pace of change among Central Europe’s fastest-growing technology companies is rapid and relentless. Three out of the top five places in the 2015 Deloitte CE Technology Fast 50 report, which ranks the companies showing the strongest revenue growth rate between 2011 and 2014, are new entries to the listing, including those in the first two places. However, the average growth rate of all companies in the Fast 50 has fallen from 698% to 560% over the last year, continuing the slide since the peak reached in 2012 of 1,026%.
Top place in this year’s ranking goes to Czech software company Simplity, with its four-year revenue growth rate of 1971%. Interestingly, Simplity was sixth in last year’s Rising Star category, when it was still too young to feature in the Fast 50 ranking itself. Next is secure mobile payments company Skycash Poland with 1,665%, while third place goes to last year’s overall leader, Hungarian online real estate business Szallas.hu.
The Rising Stars awards go to those companies that are too young to feature in the main Fast 50 report, but have recorded such spectacular growth rates over the last three years that they are almost certain to be included soon. The overall winner this year is Polish software company Codewise, whose astonishing 4,555% growth rate over the last three years is not far off double the 2,506% recorded by fellow Polish software business CodiLime. Third place goes to Croatian software agency Axilis (464%).
The Big Five category rewards those companies that, although fast-growing in their own right, are too large to compete directly on revenue growth terms with smaller businesses in the Fast 50. It is headed this year by Romanian software company Insoft Development & Consulting (577%), which is also 15th in the main ranking. Lithuanian e-commerce business UAB “Pigu” (235%) comes second, and Slovakian software company ESET (223%) is third.
Download the report
The Central Europe Technology Fast 50 ranks the region’s fastest-growing tech companies, based on revenue growth over a four-year period. For the 2015 ranking, revenues from 2011 to 2014 were analysed. 38 companies are in the ranking for the first time, including those in first and second places; three move up and eight move down. Software (29) and media (14) companies dominate the ranking.
Deloitte Technology Fast 500 EMEA
The Deloitte Technology Fast 500 EMEA is a ranking of the 500 fastest growing technology companies in Europe, the Middle East and Africa based on percentage growth in operating revenue over four years. It was created to recognize the effort and dedication of those 500 fastest-growing technology companies and includes all areas of technology.
The categories are as follows: Hardware, Software, Communications, Media, Life sciences, and Clean Technology. This year’s three highest ranked companies represented both the software and media industries. Catwiki, a Netherlands based media company, had the highest revenue growth at 45080%. Following Catwiki, iZettle AB (30114%) and Zerto (24088%) represented the software category and boasted equally impressive growth.
Within Central Europe, 57 companies were ranked among the top 500 countries within EMEA. The average revenue growth for Central European companies was 497% and Central Europe’s top ranked company, at 1971%, was Simplity s.r.o., a Czech Republic based software company. The industry that was predominantly seen among all categories was software. 32 of Central Europe’s ranked firms were categorized as software companies. The software category also had the highest number of nominations within EMEA at 498 companies nominated and an average growth of 996%.
This year, 8 Central European companies were ranked in the top 100. The 8 companies that were awarded were:
- 40. Simplity, s.r.o./ 1971% growth
- 46. SkyCash Poland S.A./ 1665% growth
- 70. Szallas.hu Kft./ 1209% growth
- 83. BSP Applications, spol. s r. o./ 1004% growth
- 84. Netguru sp z o.o./ 1004% growth
- 85. ZebraPay SRL/ 998% growth
- 88. High Tech Engineering Center d.o.o. Beograd/ 962% growth
- 89. ITNT / 933% growth
The results for this year’s Deloitte Technology Fast 500 EMEA were released on December 3rd, 2015.
You can see the full report here.
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