London, United Kingdom, 2nd December 2014: Today, LDeX Group announced that it ranked number 189th on the Deloitte Technology Fast 500 EMEA 2014, a ranking of the 500 fastest growing technology companies in EMEA. Rankings are based on percentage revenue growth over five years.
LDeX Group grew 897% percent during this period.
LDeX Group's CEO, Rob Garbutt, credits 897% percent revenue growth over the past five years to its focus on providing best in class customer service as well as the team's commitment to operational excellence.
Commenting on the news, Rob Garbutt said, "We are very proud to be recognised as the 189th fastest growing technology company in EMEA. As an expanding datacentre operator, our growth has come as a result of our acute focus on providing best in class customer service as well as the team's commitment to operational excellence."
David Halstead, Deloitte UK and partner in charge of the Deloitte Technology Fast 500 EMEA programme added "Achieving such a high sustained revenue growth of 897% over five years is a tremendous achievement. It is a delight to honour LDeX Group for this by naming them in the Deloitte Technology Fast 500"
In addition to ranking in the Deloitte Technology Fast 500, LDeX Group ranked 31st in the UK Deloitte Technology Fast 50, which is a ranking of the 50 fastest growing technology firms in the United Kingdom.
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Deloitte Technology Fast 500 EMEA selection and qualifications
The Technology Fast 500 list is compiled by the Deloitte EMEA Technology Fast 50 programme, nominations submitted directly to the Technology Fast 500, as well as public company database research. To qualify for the Technology Fast 500, entrants must have had base-year operating revenues of at least €50,000 and current-year operating revenues of at least €800,000.
Entrants may be either public or private companies but must be a ‘technology company', headquartered in EMEA. A ‘technology company' is defined as a company that develops or owns proprietary technology that contributes to a significant portion of the company's operating revenues, or manufactures a technology-related product, or devotes a high percentage of effort to the research and development of technology. Using other companies' technology in a unique way does not qualify.
