PracticeConsultingDeloittes launches Fast 50 programme

Deloittes launches Fast 50 programme

Business leaders consider the ability to retain strong management teams and staff and to develop niche markets as the keys to success for hi-tech companies, according to a new survey.

The findings published by Deloitte & Touche this week to coincide with the launch of its annual National Technology Fast 50 programme. The programme now in its third consecutive year tracks growth rates of technology companies in Ireland and six UK regions.

William Touche, senior partner for the Technology Fast 50 programme said: ‘Research into technology companies has shown that the key attributes of successful new economy and Fast 50 companies is their operation in lucrative niche markets, their commitment to strong management teams and outstanding and credible business plans with high growth and revenue streams.

‘Venture capitalists are looking for just these attributes in the companies they fund. Technology companies in the programme are establishing themselves for long-term success,’ added Touche.

Tim Ward, head of LSE’s marketing and company services who is co-sponsoring the programme, said: ‘The London Stock Exchange is fully supportive of the Fast 50 programme which enhances the visibility and profile of fast growing technology companies.

‘TechMARK demonstrates our commitment to those wishing to raise capital on a public market at an early stage in their development. It also allows companies to benchmark themselves against their peers and helps investors to pinpoint the technology stars of the future.’

Fast 50 focuses on companies from technology-related sectors that have achieved high turnover growth. This year’s winners were Scotland-based Data Discoveries with a growth rate of 9307%, while Eurocall, a telecoms company, in northern England, bagged second place with a growth rate of 9170%.

Deloitte & Touche

Fast 50 programme

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