Cloud server provider, ElasticHosts, today announced that it ranked 2nd in the Internet sector and 6th overall in the 2014 Deloitte Technology Fast 50, the prestigious ranking of the 50 fastest-growing UK technology companies. Rankings are based on percentage revenue growth over the last five years. ElasticHosts grew 3787% during this period.

Richard Davies, CEO of ElasticHosts says, “In 2008 ElasticHosts was one of the pioneers of cloud computing in Europe and this award recognises our history of strong growth and technical innovation.”
“We were one of the first European cloud infrastructure providers in 2008, first globally to offer free choice of server instance sizing, first globally to offer SSD at all instance sizes, and first globally to offer customers an entire OS inside an auto-scaling native Linux container with our Elastic Containers.”

“Remaining competitive in this fast-moving industry has always meant striving to stay ahead of the curve in terms of technology and customer service, and ultimately building towards our vision of truly elastic cloud computing.“

David Halstead, Partner leading the Deloitte Technology Fast 50, said: “The Deloitte Technology Fast 50 gives great profile to technology companies and is internationally recognised as being one of the most important business awards in the sector”
     
“The Technology Fast 50 awards are an opportunity for businesses to gain recognition for their successes and achievements over the last five years.”

“The 50 fastest growing UK technology companies generated over £963 million in total annual revenues in the year 2013/14, employing more than 8,500 people and recorded an average five-year growth rate of 1,695 per cent, according to the Deloitte UK Technology Fast 50.”