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Five Bulgarian companies ranked in Deloitte Technology Fast 500 ЕМЕА 2017

  • 62 companies from Central Europe are ranked in Technology Fast 500 ЕМЕА
  • The Bulgarian companies Titan Gate Jsc, Accedia Jsc, Software Group Bg Jsc, Scale Focus Jsc, Bulpros Consulting Jsc are among the 500 fastest-growing tech companies in Europe, the Middle East, and Africa
  • 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.

Companies from Bulgaria

The Bulgarian companies Titan Gate Jsc, Accedia Jsc, Software Group Bg Jsc, Scale Focus Jsc, Bulpros Consulting Jsc are among the 500 fastest-growing technology companies in Europe, the Middle East, and Africa.
Titan Gate Jsc is ranked at #150 with a revenue growth rate of 802 % (2013-2016). This is the company’s second award for 2017 after it successfully qualified in the Central European ranking Deloitte Technology Fast 50 CE. Titan Gate is an IT company with products in the field of digital media and the ad tech industry.
Accedia Jsc is ranked at #250 with a revenue growth rate of 495% (2013-2016). Accedia was recognized as Deloitte Technology Fast 50 CE winner for 2017. The technology company provides IT consulting and software development.
The next company on the Fast 500 EMEA list is Software Group Bg Jsc, ranked at #402 with a revenue growth rate of 287% (2013-2016). Software Group is a technology company that is specialized in delivery channel and integration solutions for the financial sector.
Scale Focus Jsc is ranked at #426 in Deloitte Fast 500 EMEA with a revenue growth rate of 265% (2013-2016). Scale Focus is a professional services company which provides innovative technology services and software solutions.
Bulpros Consulting AD is the finalist from Bulgaria, which is recognized as Deloitte Technology Fast 500 EMEA winner for the second consecutive year. The company is ranked at # 460 with a revenue growth of 243% (2013-2016). Bulpros successfully ranked in Deloitte Technology Fast 50 Central Europe for 2015 and 2016. Bulpros is focused on development of software products and solutions, web and mobile applications, Cloud services.

Bulgaria

Place

Country

Company

Growth

Sector

150

Bulgaria

Titan Gate Jsc

802%

Media

250

Bulgaria

Accedia Jsc

495%

Software

402

Bulgaria

Software Group Bg Jsc

287%

Software

426

Bulgaria

Scale Focus Jsc

265%

Software

460

Bulgaria

Bulpros Consulting Jsc

243%

Software

 

Geographic overview

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.

Sector overview
The companies with the highest cumulative growth percentages in this year’s rankings were in media, communication and software.


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.

About Deloitte
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms, and their related entities. DTTL (also referred to as “Deloitte Global”) and each of its member firms are legally separate and independent entities. DTTL does not provide services to clients. Please see www.deloitte.com/about to learn more about our global network of member firms.
Deloitte provides audit & assurance, consulting, financial advisory, risk advisory, tax and related services to public and private clients spanning multiple industries. Deloitte serves four out of five Fortune Global 500® companies through a globally connected network of member firms in more than 150 countries and territories bringing world-class capabilities, insights and service to address clients’ most complex business challenges. To learn more about how Deloitte’s approximately 264,000 professionals make an impact that matters, please connect with us on Facebook, LinkedIn or Twitter.

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