2015 Deloitte UK Technology Fast 50 awards
The awards, now in their eighteenth year, recognise and rank the 50 fastest growing technology companies in the UK, based on the last four years of revenue growth. Supporting the UK’s fastest-growing technology companies are the award sponsors Fidelity Growth Partners Europe, Silicon Valley Bank UK and Taylor Wessing.
Julian Rae, Deloitte Fast 50 partner for the East of England, said: “The UK Technology Fast 50 awards celebrate innovation and market leading intellectual property in the technology sector. Not only do these awards provide a glimpse into the future of the technology market, but they also provide an excellent opportunity for businesses to highlight their achievements. “Since 1998, hundreds of companies from all areas of technology have won the UK Fast 50 award. With past winners including the likes of Intelligent Energy, notonthehighstreet.com, Skyscanner and Just Eat, this year’s awards will identify the next generation of dynamic and iconic UK technology companies.” The 2014 UK Fast 50 winners generated over £963 million in combined total annual revenues, provided jobs for nearly 8,500 people and recorded an average five-year growth rate of 1695% in the year 2013/14. Rae added: “This year, we have made a number of changes to the entry criteria. We are now measuring turnover growth for a minimum of four years rather than five. This is a change we have made to cater for the fast-growth nature of the UK technology sector. We have also raised the revenue threshold to £806,000 for the most recent year of trading and have modified the sector categories in order to simplify the application process.
We hope to see several East Anglian companies in the winning line-up” Last year’s winner, Switch Concepts, an adtech company, posted a winning five-year growth rate of 10,477%. The Southampton-based company was launched in 2008 by co-founders Tom Barnett, Joanne Spector and Julian Spector. Inspired by high-frequency trading technology in the financial markets, Switch set out with the intention of using pioneering technology and data analysis to bring brands and consumers closer together. Tom Barnett, co-founder of Switch Concepts, said: “Being named the overall winner of Deloitte’s Fast 50 last year was a fantastic achievement and a testament to the hard work and success of our team. Since our win, Switch has continued to grow, developing innovative technology in the adtech space. Optimistic about the future of the UK’s technology market, Barnett added: “Our view is that if you have a good idea, then you should run with it as fast as you can. We pride ourselves in not being scared of trying new things - we didn’t get to where we are by copying what others have done before.”
For full details and the entry form please visit: www.fast50.co.uk.