Deloitte Global Announces 2017 Technology Fast 500TM EMEA Rankings
Paris, France – 7 December 2017
Average growth rate rises to 1,377 percent from 967 percent in 2016. United Kingdom’s Deliveroo leads the charge with 107,117 percent growth.
A company from the United Kingdom tops Deloitte’s Technology Fast 500™ rankings for Europe, the Middle East, and Africa (EMEA). Now in its 17th year, the list is compiled by Deloitte Global’s Technology, Media & Telecommunications (TMT) industry group.
Overall, this year’s Technology Fast 500 list for the region features winners from 18 countries, with an average growth rate of of 1,377 percent, up from 967 percent in 2016. Growth for individual companies on the list ranged from 220 percent to 107,117 percent.
“This year’s Fast 500 list is led by organizations with unprecedented growth,” said Paul Sallomi, Deloitte Global Technology, Media & Entertainment, and Telecommunications, Industry Leader. “As technology continues to evolve, 2017’s ranking companies show that every industry is ripe for transformation, impacting both consumers and enterprises across sectors. We congratulate our winners and are excited to see their continued achievements in 2018.”
Deliveroo, a UK company, was the number-one ranked company on the 2017 EMEA Technology Fast 500 list. Deliveroo grants consumers the ability to order food from local restaurants, both private and chain, who otherwise may not offer delivery.
Will Shu, Founder and CEO Deliveroo, said, "Deliveroo has been able to scale at pace thanks to advances in our technology, the offer of flexible work which our riders value, and great food from our restaurant partners.
“The next exciting phase in our development will see more power being handed to the consumer, with restaurants better able to cater for consumers’ needs because they have richer data to work with. As we grow further, we will bring more people more choice, healthier options and new food, and as our technology improves deliveries will become faster and our selection on offer will become more varied.”
Rounding out the top five were Lesara GmbH (Germany), Guide to Iceland (Iceland), youAPPi Ltd (Israel) and Bloom & Wild (UK). Last year’s top company, Fingerprint Cards AB (Sweden), is listed at ten on the 2017 list. A complete list of winners can be found at www.deloitte.com/fast500emea.
The 2017 Deloitte Technology Fast 500 EMEA top 10
||Deliveroo (Roofoods Limited)
|3||Iceland||Guide to Iceland
|5||United Kingdom||Bloom & Wild
|7||Czech Republic (Central Europe)||Kiwi.com s.r.o.
||Lithuania (Central Europe)||Deeper, UAB
|9||Czech Republic (Central Europe)||Prusa Research s.r.o.
||Sweden||Fingerprint Cards AB
France had the most winners in the Technology Fast 500 for EMEA for a seventh consecutive year — though narrowly surpassing the UK in second. The other top represented regions and countries included Central Europe, the Netherlands and Sweden.
|Country||Number of ranked companies|
The companies with the highest cumulative growth percentages in this year’s rankings were in media, communication and software.
|Sector||Number of ranked companies||Average growth per sector|
About Deloitte Global’s 2017 Technology Fast 500 EMEA program
Deloitte Global’s Technology Fast 500™ EMEA program is an objective industry ranking focused on the technology ecosystem. It recognizes technology companies that have achieved the fastest rates of revenue growth in Europe, the Middle East, and Africa (EMEA) during the past four years. The program is supported by Deloitte Global’s Technology Fast 50 initiatives, which rank high-growth technology companies by location or specifically defined geographic area, and are run by Deloitte Global’s Technology, Media & Telecommunications (TMT) industry group. More information on the program is available at www.deloitte.com/fast500emea.
Now in its seventeenth year, the Technology Fast 500 program in EMEA included over 18 countries, including Belgium, France, Finland, Germany, Italy, the Netherlands, Turkey and the UK. This year’s winners were selected based on percentage fiscal-year revenue growth from 2013 to 2016.
Sponsors of Deloitte Global’s 2017 Technology Fast 500 EMEA program are Euronext, a pan-European exchange that helps tech companies finance growth and innovative projects through the stock market; Oracle NetSuite, provider of cloud-based financials / Enterprise Resource Planning (ERP), HR and omnichannel commerce software that runs the business of companies in more than 100 countries; and Michael Page, recognized by clients and candidates the world over as the leading specialist consultancy in permanent recruitment, temporary staffing and interim management.