Fast 50 Stories 2015

Empowering fast-growing technology companies

Year after year, Deloitte’s Technology Fast 50 competition applauds the fastest-growing technology companies. This competition sets the standard for entrepreneurial recognition.

“With today’s innovations often driving tomorrow’s economic growth, technology companies deserve particular encouragement and assistance.”

Nikolaas Tahon, Managing Partner Deloitte Accountancy

Building a showcase and community of Belgian entrepreneurs

Having previously been part of a wider Benelux programme, Deloitte Belgium began its own,
country-specific, Technology Fast 50 competition in 2014. Shining a spotlight on Belgium’s entrepreneurial, high-growth technology companies is adding value and helping the companies gain credibility and visibility not just in Europe, but at a global level.

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Fast 50 categories

Deloitte's Technology Fast 50 fosters the growth of the Belgian TMT sector by encouraging and promoting up-and-coming Belgian companies that develop a technology-related product or service.

Winners Deloitte's Technology Fast50 2014

iText earns its stripes in the Fast 50 and the European Fast 500

Two consecutive years at the top of Deloitte's Technology Fast 50 and an excellent position in the European Fast 500 ranking: things are moving fast for Ghent-based iText Group, the company behind the iText software which generates and processes PDF documents. “These distinctions have given us distinct credibility. We are no longer seen as a small start-up, but as a growth company that’s here to stay,” founders Bruno Lowagie and Ingeborg Willaert explain.

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Basalte - Powered by a passion for quality products

Klaas Arnout of Basalte is becoming very comfortable talking about being a Fast 50 winner. Founded in 2008, the smart home automation company was soon recognised as a Rising Star and is now a high growth achiever. We asked Klaas about his winning formula.

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Destiny - The cloud communicator with its feet firmly on the ground

Converting the excitement of new technology into solid commercial success demands both vision and a strong grasp of practical realities. That’s been the story of communication service provider Destiny. We asked founder and newly appointed CEO Daan de Wever to explain how his company has already achieved so much.

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KitoZyme - Finding the right formula for breakthrough and success

For many years, biochemical company KitoZyme faced the challenge of having developed a truly unique solution to so many healthcare issues that it was not easy to decide where to focus. Its dramatic improvement in results since 2013 followed the arrival of new CEO François Blondel, who strongly focused the business.

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Deloitte's 2014 Technology Fast 50 key figures

How to be crowned a global technology king?

Achieving a place in Deloitte's Technology Fast 50 allows innovative and successful companies to stand out from the crowd here in Belgium. It also offers entry into the global Fast 500 programme through Fast 500 EMEA, a showcase of the 500 fastest growing companies in Europe, the Middle East and Africa which was launched in 1995. Nominees in local Fast 50 programmes are automatically eligible for the Fast 500.

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Nanxi Liu - Inspirational young entrepreneur puts bold ambition on display

Because technology innovation and entrepreneurship is global, we invited one of the USA’s rising stars, Nanxi Liu, as keynote speaker for the Deloitte Fast 50 awards ceremony in 2014. The founder of two start-ups, 24-year-old Nanxi is CEO of Enplug and winner of the 2015 CES (Consumer Electronics Show) start-up competition. Nanxi kindly took some time to answer our questions about her new company and her success.

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Companies on the Rise - Who are tomorrow’s technology stars?

While not all fast-growing technology companies have been in business for at least five years, many have the potential to become the market leaders of tomorrow. That’s why these early achievers – who may one day participate in the Deloitte's Technology Fast 50 – can enter the Rising Star competition. In this category, the key is revenue potential instead of revenue growth. All applications are made through a pitch and a strategic business plan. A panel of independent experts drawn from the technology sector analyses each entry and makes a selection according to scalability, experience, management team expertise and highly promising growth.

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Smappee - Disruptive innovator empowering home energy users

Having set up a world leading business in energy management solutions for corporates, Smappee founder Stefan Grosjean wanted to offer the same service to consumers. Founded in 2012, his company is already selling its innovative solution worldwide, and his ambitions don’t stop there. We spoke to Stefan and Smappee COO, Hans Delabie.

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The Insiders - Using the oldest technique in the book to transform marketing

When Bjorn Cassier, Managing Director of The Insiders, began researching word-of-mouth marketing, he was surprised to find that he’d quickly become an expert, with most agencies knowing little about it. The Insiders was established to capitalise on this untapped marketing channel. We spoke to Bjorn about growing his idea into a business covering 25 countries in three continents.

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TMT predictions 2015

What are the trends that should inform strategy thinking for companies in the technology, media and telecommunications (TMT) sectors? The Deloitte TMT Predictions report, researched and prepared annually, identifies the critical issues and how these could manifest themselves over the next 12-18 months, potentially affecting all industries. TMT Predictions is based on hundreds of conversations with industry leaders and tens of thousands of consumer interviews around the globe.

Read the report summary

More info on the TMT Predictions website

Fundraising operations in technology, media and telecom

Today, raising funds is an almost inevitable ritual for young companies keen to establish a business that will withstand the rigors of the market. That capital is available is clearly shown through research Deloitte conducted into the fundraising operations of the Belgian TMT (technology, media
and telecom sector in 2014.

Read the report summary

More info on

Deloitte Fast 500 Belgian start-up ecosystem

Recognition and expansion across the world

Since 2012, we have seen a surge in the growth of Belgian start-ups. Young companies, often bringing disruptive innovation to the scientific or technology sectors, know that global success comes from swift acquisition of major market share. This means achieving critical mass as soon as possible.

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At Deloitte, we highly encourage and promote entrepreneurship, because we firmly believe that innovation helps society to move forward.

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