Analysis
Technology Fast 500™
Fast Facts on the EMEA, APAC and North America programs
Cutting edge companies, transforming the way we do business.
A Global Program
The Deloitte Technology Fast 500 ranks the fastest growing technology, media, telecommunications, life sciences and clean technology companies based on fiscal year revenue growth. The program spans the globe with programs in North America (United States and Canada), Europe, Middle East and Africa (EMEA) and Asia Pacific (APAC). Combining technological innovation, entrepreneurship and rapid growth, Technology Fast 500 companies are large, small, public and private, and span a variety of industry sectors including hardware, software, telecommunications, semiconductor, life sciences and clean technology.
The Fast Facts
Overall regional Winners
North America’s overall winning company is MobileIron; a software company headquartered in Mountain View California, with 123,678% revenue growth from fiscal year 2009 to 2013. In EMEA, WEEZEVENT, a Media & Entertainment company, headquartered in France achieved 43,202% growth during the same fiscal period, 2009 to 2013. Asia Pacific revenue growth, measured over the fiscal period 2011 to 2013, welcomes its first South Korean winner in the thirteen year history of the program, Daum Kakao Corp (formerly Kakao Corp), a software company, with 11,618% growth.
Average Growth
Growth rates averaged 1640% in North America, 1700% in EMEA and 405% in Asia Pacific.
Which countries dominate the rankings?
In North America, Silicon Valley/San Francisco Bay Area provided 108 of the ranked companies, followed by Canada with 62, and Tri-State (New York metropolitan area) with 55 companies. In EMEA, 86 of the top 500 companies are headquartered in France and another 67 companies are headquartered in the United Kingdom. China has 100 companies on the Asia Pacific Technology Fast 500 ranking. India, and outlier matched Taiwan with 90 companies, marking a 109% growth in companies on the ranking since 2011.
Industry sector trends
The Software sector leads the industry categories both this year and in the prior year, represented by 241 companies in North America, 216 in EMEA and 146 in APAC. Overall winners in North America and APAC are from the Software sector. EMEA is the anomaly with the overall winner from the Media & Entertainment sector.
Private vs Public
60% of North American companies are from the private sector. Nearly 70% of APAC ranked companies are private and this number continues to climb with each passing year.
Global Tech Fast 500 2014 Report
Qualifying criteria
The Deloitte Technology Fast 500 ranks the fastest growing technology, media, telecommunications, life sciences and clean technology companies based on fiscal year revenue growth. The program spans the globe with programs in North America (United States and Canada), Europe, Middle East and Africa (EMEA) and Asia Pacific (APAC). Combining technological innovation, entrepreneurship and rapid growth, Technology Fast 500 companies are large, small, public and private, and span a variety of industry sectors including hardware, software, telecommunications, semiconductor, life sciences and clean technology. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth. The North America and EMEA programs measure revenue over fiscal years 2009 to 2013, while Asia Pacific’s revenue growth is measured from 2011 to 2013.
Companies must own proprietary intellectual property or technology that contributes to a majority of the company’s operating revenues. Additionally, companies must be in business for a minimum of five years for the North America and EMEA programs, and three years for the Asia Pacific program. Companies must also be headquartered in the region they apply from.
The rankings are compiled from nominations submitted directly to the Technology Fast 500 Web site, Technology Fast 50 programs, and public company database research conducted by Deloitte.
Program Geography
The North America program includes 2 countries – the United States and Canada. The EMEA program includes 16 countries including UK, Belgium, NL, Germany, France, Türkiye, Sweden and Norway, while Asia Pacific includes nine locations: Australia; China (including Hong Kong); India; Japan; South Korea; Malaysia; New Zealand; Singapore and Taiwan.