Article

Deloitte Technology Fast 50 Turkey

2015

In the 10th year anniversary of the Deloitte Technology Fast 50 Turkey, Cardtek Payment Processing Services (CordisNetwork), which is also the winner of 2014, ranked first in 2015 with a four-year growth rate of 5515%.

In the 10th year anniversary of the program, the winner is Cardtek Payment Processing Services second year in a row, with its four-year revenue growth rate of 5515 percent. The second winner is anttech with a revenue growth of 2126 percent, followed by 724tikla.com with a revenue growth of 1742 percent.

4play was awarded with the UK Trade & Investment Technology Special Award, which is presented to the fastest growing company among the Fast 50 that manages to make the shortlist three times consecutively. Big Star Award, which is presented to the fastest growing companies that have achieved €50.000.000 or more in revenues during fiscal year 2014, goes to Innova. Innova is the only company that made it our Fast 50 list each year over the last 10 years.

 

Software companies dominate the list

In 2015, 60 percent of the companies on the list are in software business. The rest of the companies operate in different sectors such as telecommunications, computer/peripherals, semiconductors components and electronics and media/entertainment.

 

Top 10 Companies in Deloitte Technology Fast 50 Turkey 2015 Program

Ranking

Company

Growth Rate

Sector

1

Cardtek Payment Processing Services (CordisNetwork)

5515%

Software

2

anttech

2126%

Software

3

724tikla.com

1742%

Internet

4

PayTR

1591%

Internet

5

4play

669%

Software

6

SMG

441%

Software

7

Tekna

376%

Software

8

Cardtek Hardware Solutions (CredoWork)

375%

Software

9

P.I.Works

369%

Telecommunications / Networking

10

BTT

319%

Software

 

Results of the Fast 50 CEO Survey:

  • CEOs indicate that “finding, hiring and retaining qualified employees” is the biggest operational challenge for managing the rapid growth of their companies.
  • The biggest personal challenge for CEOs is “developing leaders and delegating responsibility”.
  •  “Digitization and mobility” and “better use of data through analytics” are the top two trends that will drive technology investments in the next three years.
  • 39% of the CEOs believe that the economy will slightly shrink in the next 12 months, 29% believe it will slightly grow and %21 believe it will stay stable.
  • The majority of the CEOs foresee that organic growth will be the main source of growth in the next 12-month outlook. This ratio increased from 55% in 2014 to 74% in 2015.
  • In 2015, “high quality employees” has become the number one factor that contributes most to the growth of the technology companies with 29% of the CEOs agreeing with it. “Sound business strategy” is indicated as the second most important factor by 26% of the CEOs.
Deloitte Technology Fast 50 Turkey 2015
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