Press releases

Deloitte Global Announces 2017 Technology Fast 500TM EMEA Rankings

  • 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

Paris, Moscow 8 December 2017 – 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.”

 

“I am pleased to note that this year Deloitte’s Technology Fast 500 EMEA includes two Russian companies. Record growth rates of BoardMaps (693%) and ITI Capital (561%) are really impressive against the background of the current domestic economic environment. I congratulate BoardMaps and ITI Capital with this victory and wish them further successes,” said Olga Tabakova, Deloitte CIS TMT Leader.

Pavel Naumenko, Chairman of the Board at ITI Capital, attributes a more than five time revenue growth (+561%) to unique software solutions, product line diversification and development of international infrastructure.

 

“Over three years, we have built a universal trading platform for use both in the Russian and international markets, becoming a truly global online broker,” Pavel commented. “Clients value our expertise, the highest service level and reliability. The company’s analysts have deep understanding of real business as well as expertise in the global markets, which enables us to create financial products which are really interesting and profitable for institutional, corporate and high net worth customers. The loyalty of our partners has enabled ITI Capital to rise to a new level and become a fast growing tech company.”

 

Yuri Ryabov, General Director of Dashboard Systems OJSC and BoardMaps developer, said, “Each new implementation means recognition of BoardMaps and the decision-making culture that our product brings to the collective management of the largest Russian and international companies. Our place in the rating means recognition of Dasboard Systems as a fast growing company and comes as a result of the joint creative and intellectual efforts of our entire team.”

 

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.

 

The 2017 Deloitte Global Technology Fast 500 EMEA top 10

Rank

Country

Company

Growth

Sector

1

United Kingdom

Deliveroo (Roofoods Limited)

www.deliveroo.co.uk

107117%

Software

2

Germany

Lesara GmbH

www.lesara.de

71981%

Media

3

Iceland

Guide to Iceland

www.guidetoiceland.is

30314%

Software

4

Israel

youAPPi Ltd

www.youappi.com

16230%

Communication

5

United Kingdom

Bloom & Wild

www.bloomandwild.com

13818%

Software

6

Israel

Yotpo Ltd

www.yotpo.com

8703%

Communication

7

Czech Republic (Central Europe)

Kiwi.com s.r.o.

www.kiwi.com

7165%

Software

8

Lithuania (Central Europe)

Deeper, UAB

www.deeper.eu

7048%

Hardware

9

Czech Republic (Central Europe)

Prusa Research s.r.o.

www.prusa3d.com

6910%

Hardware

10

Sweden

Fingerprint Cards AB

www.fingerprints.com

6858%

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.

 

 

Country

Number of ranked companies

France

97

United Kingdom

92

Central Europe

62

The Netherlands

50

Sweden

48

Germany

24

Finland

23

Turkey

23

Belgium

20

Israel

20

   

 

Sector overview

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

Sector

Number of ranked companies

Average growth per sector

Clean technology

14

764%

Communication

32

1588%

Hardware

32

1104%

Life Sciences

22

786%

Media

66

2107%

Software

334

1304%

 

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. 

About Deloitte

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
Email: ekutsenko@deloitte.ru

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