Already for 16 years Deloitte has been conducting the Fast 500 EMEA ranks, which bring together the fastest growing technology companies in Europe, Middle East and Africa. The ranking is prepared based on the percentage increase in operating income from sales over the last 4 years (2012 vs. 2015). The average revenue growth rate of all companies included in the newest rank amounted to 967%. For comparison, in last year’s edition it was 1 012% and 1 711% in 2014. This result indicates the growing maturity of the technology industry in the EMEA region.
For the third time in the history of the rank, a Central European company is on the podium. The last time was in 2012, when Romanian company Vola.ro with the increase of 17 323% took the third place. This year’s leader is Swedish company Fingerprints Cards, specializing in biometric technologies. Over the last four years, the company recorded an increase in revenue of more than 28,000%.
Companies from Central Europe are becoming more apparent among the fastest growing technology companies operating in global markets. Gaining importance are especially those operating in the field of nanotechnology, biotechnology and energy. An example might be HiProMine, which developed the technology of industrial breeding and insects processing. Deloitte strongly supports ambitious technology companies by its platform for cooperation and exchange of experience, for example: the Alumni Fast 50 Program or strategy workshops for the winners.
The largest category of companies, which have been included in the Deloitte Technology Fast 500 EMEA, are software developers. They constitute up to 50% of the entire list. Another large group are companies operating in the media – there are 14% of them. Third place was taken by entities of the communications industry – 10%.
As in previous years, the most strongly represented country is France. There are 94 French companies on the list. The second place belongs to Great Britain, and the third to the Netherlands.
Deloitte has published the rank covering the fastest growing technology innovative companies of the EMEA region (Europe, Middle East, Africa). The leader is the French company Weezevent. The average revenue growth rate of all the companies from the rank “Deloitte Technology Fast 500 EMEA” was 1711%. For comparison, in last year’s edition it was 1403% and in 2012 it was 1549%.
The winner of the current edition, as well as one and two years ago, is a company from France. This time it is Weezevent, which deals with online sales of tickets for concerts and events. Over the past five years, the company recorded an impressive revenue growth of over 43 thousand %. Central-European leader and the winner of the ranking of the “Deloitte Technology Fast 50 CE” is the Hungarian company Szallas.hu. This year it is located on the 66th place of the rank in the EMEA region.
Like last year, the most strongly represented country is France, from which there come 86 companies. Compared with the results of the year 2011, 2012 and 2013 – the composition of the national podium in terms of numbers has not changed. The second place belongs to Great Britain, and the third to Sweden.
This year’s edition of the “Deloitte Technology Fast 500 EMEA” was dominated by companies of the software sector, which account for 42% the whole rank. There are two times less (21%) of Internet companies and the third place is occupied by companies of the telecommunications sector (13%). Shares of these three sectors are almost identical to last year’s edition.
Ranking “Deloitte Technology Fast 500 EMEA” represents the 500 fastest growing innovative technology companies in EMEA. The analysis is based on the percentage increase in operating income from the sale over the last five years (2009 vs. 2013).
Companies included in the ranking must meet the following criteria: develop or manufacture proprietary technologies and / or incur significant expenditures on research and development, have the ownership structure which excludes majority shares of strategic investors, established in one of the countries participating in the program, the period of time: min.5years, the operating revenue in each test was: min. 50 000 EUR.