Inoapps ranked the 292nd fastest growing technology company in the Deloitte Technology Fast 500 EMEA 2014
Outstanding 582 percent growth down to innovation and outstanding service.
Aberdeen, UK, 4.12.14: Inoapps has announced that it has ranked number 292 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.
Inoapps grew 582 percent during this period.
Inoapps’ CEO, Andy Bird, credits the 582 percent revenue growth over the past five years to innovation and exceptional service commenting, "We are thrilled to be ranked in the Fast 500. To appear in this list as well as the Fast 50 is testament to the success of our ambitious growth plans supported by our team’s innovation and exceptional service delivery.”
“Securing a position in the Deloitte Technology Fast 500 is an impressive feat, especially in the highly competitive and rapidly changing environment of the technology industry,” said David Halstead, Deloitte UK and partner in charge of the Deloitte Technology Fast 500 EMEA programme. "We congratulate Inoapps on being among the most dynamic and successful technology companies in the region."
In addition to ranking in the Deloitte Technology Fast 500, Inoapps ranked 45th in the UK Deloitte Technology Fast 50, which is a ranking of the 50 fastest growing technology firms in the UK.
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.
