Technology Fast 500 EMEA
CE innovation technology companies have been growing in the EMEA region
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.
The Deloitte ranking includes the fastest-growing technology companies in the EMEA region
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.
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.
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.
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.
Traditionally, this year's edition of Deloitte Technology Fast 500 EMEA has been dominated by software industry companies, accounting for more than half of participants. The media sector is represented by 24 percent of companies, with the communication sector coming third (over 10 percent of participants).
About the ranking
Deloitte Technology Fast 500 EMEA ranking presents 500 fastest-growing technology innovation businesses in the region, ranked by revenue growth rate. The nominated businesses come from regional editions (the basic category). Poland has been included in Technology Fast 50 Central Europe ranking published in October 2016.
To qualify for the ranking, businesses need to fulfil the following criteria
- develop or create propriety technologies and/or spend a significant amount of capital on research & development;
- have an ownership structure that excludes majority-owned subsidiaries of strategic entities;
- have its headquarters in a participating country;
- remain in business for at least 4 years and have base-year operating revenues of €50,000 and a current year operating revenue of at least €800,000.