Deloitte Global announces 2016 Technology Fast 500™ EMEA rankings

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Deloitte Global announces 2016 Technology Fast 500™ EMEA rankings

Companies average a growth rate of 967 percent; Swedish biometrics company lands the top ranking with 28,126 percent growth

Moscow, 09 December 2016. A company from Sweden tops Deloitte Touche Tohmatsu Limited’s (Deloitte Global’s) Technology Fast 500™ rankings for Europe, the Middle East, and Africa (EMEA). Now in its 16th 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 28 countries, with an average growth rate of 967 percent. Growth for individual companies on the list ranged from 212 percent to 28,126 percent.

Fingerprint Cards, a Swedish company, was the number-one ranked company on the EMEA Technology Fast 500 list for 2016. Fingerprint Cards develops, produces and markets biometric technology that verifies identity through fingerprints. Rounding of the top five were Bilgikent (Turkey), Codewise (Poland), Auka (Norway) and Horizontal Software (France).

Avito (Russia) is also included in this year's ranking, taking the 171 place. A complete list of winners can be found at www.deloitte.com/fast500emea.

"Avito had intensive growth over the past few years – such growth result of the site and the audience truly chosen by monetization strategy ", - said Ekaterina Kharitonova, CFO at Avito.

“We’re honored and proud to be recognized by Deloitte as the fastest growing technology company on the Technology Fast 500 List”, said Christian Fredrikson, CEO at Fingerprint Cards. ”None of our achievements during the past years would have been possible without our strong technology know-how and the team’s ability to execute well and bring forward the right innovations. I’m excited to continue Fingerprint Cards’ journey and I’m humbled to drive our business further together with such talented co-workers.”

“Technical innovation is transforming both the consumer and enterprise landscape,” said Paul Sallomi, vice chairman, Deloitte LLP and technology, media and telecommunications industry leader, Deloitte Global. “Thanks to dynamic, disruptive companies like those named in this year’s EMEA Technology Fast 500 list, new business models are emerging at an astounding pace, creating new sources of value across every aspect of our personal and professional lives. We congratulate our winners on their remarkable achievements, and wish them continued success.”

The 2016 Deloitte Technology Fast 500 EMEA top 10

Rank

Country

Company

Growth

Sector

1

Sweden

FINGERPRINT CARDS

www.fingerprints.com

28126%

Software

2

Turkey

BILGIKENT BILIŞIM A.Ş

www.bilgikent.com.tr

16015%

Hardware

3

Poland

CODEWISE

www.codewise.com

13052%

Software

4

Norway

AUKA

www.auka.io

11487%

Software

5

France

HORIZONTAL SOFTWARE

www.horizontalsoftware.com

8339%

Software

6

United Kingdom

BRAIN LABS DIGITAL

www.brainlabsdigital.com

8255%

Media

7

Israel

MAGISTO

www.magisto.com

8119%

Media

8

France

CHAUFFEUR-PRIVE

www.chauffeur-prive.com

7020%

Software

9

Austria

WIKIFOLIO FINANCIAL TECHNOLOGIES

www.wikifolio.com

7001%

Software

10

United Kingdom

GOCARDLESS

www.gocardless.com

6661%

Software

 

Geographic overview

France had the most winners in the Technology Fast 500 for EMEA—for a sixth consecutive year. The other top represented countries included the UK, the Netherlands, Norway and Sweden. 

Country

Number of ranked companies

France

94

United Kingdom

70

The Netherlands

54

Norway

50

Sweden

50

Israel

27

Finland

23

Germany

23

Belgium

22

Turkey

21

 

Sector overview

While software companies dominated this year’s rankings, the companies with the highest cumulative growth percentages were in hardware, media and clean technology.

Sector

Number of ranked companies

Average growth per sector

Clean Technology

20

471%

Communications

61

345%

Hardware

49

962%

Life Sciences

29

347%

Media

70

644%

Software

271

362%

 

About the Deloitte 2016 Technology Fast 500 EMEA program

The Deloitte 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 the Deloitte Technology Fast 50 initiatives, which rank high-growth technology companies by location or specifically defined geographic area, and are run by the Deloitte Touche Tohmatsu Limited’s Technology, Media & Telecommunications (TMT) global industry group. More information on the program is available at www.deloitte.com/fast500emea.

Now in its sixteenth year, the Deloitte Technology Fast 500 EMEA program in 2016 included over 20 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 2012 to 2015.

The major sponsor of the 2016 Deloitte Technology Fast 500 EMEA program was Euronext, a pan-European exchange that helps tech companies finance growth and innovative projects through the stock market. Additional sponsors were Salesforce (CRM solutions), KKR (global investment firm) and Orange Digital Investment (early-stage start-up investment).

 

With over 244,400 employees, Deloitte has grown to be one of the largest professional services firms worldwide with a presence in over 150 countries. Deloitte offers unrivalled depth, breadth and quality of professional expertise to serve the needs of clients across various industry sectors.

Deloitte CIS is one of the leading international professional services firms that offers audit, consulting, corporate finance, enterprise risk, and tax and legal services leveraging professional experience of approximately 3,400 employees in 19 offices of 11 countries across the region. Today, Deloitte has offices in Moscow, St. Petersburg, Ufa, Yekaterinburg, Yuzhno-Sakhalinsk and Novosibirsk in Russia, Kyiv in Ukraine, Minsk in Belarus, Tbilisi in Georgia, Baku in Azerbaijan, Aktau, Almaty, Astana and Atyrau in Kazakhstan, Bishkek in Kyrgyzstan, Tashkent in Uzbekistan, Dushanbe in Tajikistan, Ashgabat in Turkmenistan and Yerevan in Armenia.

Ekaterina Kutsenko
Press Service
Deloitte CIS
Tel: +7 (495) 787 06 00 ext. 1231
Email: ekutsenko@deloitte.ru

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