Estonia’s fastest growing technology company is Scoro Software
Estonian software company Scoro Software OÜ is one of the fastest growing Central European companies second year in a row. Last year they achieved 42nd place on the Deloitte Technology Fast 50 program, but this year they rose to the amazing 34th place!
The Central Europe Technology Fast 50 ranks the region’s fastest-growing tech companies, based on revenue growth over a four-year period. For the 2018 ranking, revenues from 2014 to 2017 were analysed.
Scoro Software OÜ offers a special software for businesses to help make their administrative activities more effective and comfortable. The software helps the companies manage their sales, working and accounting all in one easily customizable platform.
Yet again, the speed of growth among Central Europe’s most dynamic technology companies continues to accelerate. Average growth between 2014 and 2017 delivered by the companies featuring in the 2018 Deloitte CE Technology Fast 50 ranking hit a new record of 1,290%.
We encourage other Estonian companies to participate next year. Estonia already enjoys fantastic start – up scene and unbelievable number of exactly 4 unicorns (companies with market capitalization of more than 1 billion dollars). So, we definitely have a lot to say to the world.
Deloitte Estonia’s leading partner Kristine Jarve encourages all qualifying companies to apply for the program.
This year ten Central European countries are represented in the Deloitte Technology Fast 50 Program.
The ranking consists of companies from three fields:
- software (32);
- media- and entertainment (11);
- hardware (7) companies.
In 2018, the two top-placed companies are both Czech businesses. In the first place is 3D-printing specialist Prusa Research with the extraordinary 17,118% growth and second place, last year’s winner, online flight-booking powerhouse Kiwi.com with an amazing 14 337% growth.
This year saw the launch of the Social Impact Award, marking companies that contribute most effectively through their products or services to achieving at least one of the United Nations’ Sustainable Development Goals 2030 (SDGs).
Agnieszka Zielińska, Deloitte Partner and Central European Fast 50 Program Leader
The primarily young and fearless businesses included in this year’s CE Fast 50 are desperate to change the world for the better. This is incredibly exciting, particularly as you get the sense that the rest of the world is increasingly recognizing CE as the place from where so many of the tech breakthroughs of the future are going to come. Just take the winners of the MDI and Social Impact awards. There you have world-class examples, not just of highly educated people with great ideas, but also of people with the desire, business skills and passion that are necessary to commercialize them and so improve the lives of millions of people across the planet.