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Inoapps today announced that it ranked number 45 in the 2014 Deloitte Technology Fast 50, a ranking of the 50 fastest-growing technology companies in the UK. Rankings are based on percentage revenue growth over the last five years. Inoapps grew 582 per cent during this period.

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”Inoapps’ CEO, Andy Bird, credits the team’s innovation and outstanding service delivery with the company’s 582 per cent revenue growth over the past five years. He said, “We are delighted to be ranked in the Fast 50 as it recognises the success of our team’s market leading innovation and outstanding service delivery, which underpins our ambitious growth plans.”

“The 2014 Deloitte Fast 50 shows that tremendous growth rates are still possible, with software sectors showing particular strength, they have had the greatest amount of entries in the past five years.”

“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.”

“The awards are an opportunity for businesses to gain recognition for their successes and achievements. This year’s ranking highlights the importance of being innovative and finding a niche product or service, to beat the recession.”

About Inoapps (www.inoapps.com)
Headquartered in Aberdeen, Scotland Inoapps is a global company with operations across Europe, the Middle East, Asia and the Americas.

A leading Oracle Platinum Partner and Oracle Applications, Technology & Hardware specialist, Inoapps delivers the complete Oracle application-to-disk enterprise IT environment through the provision of consulting, and implementation together with hosting and managed services. The company has clients across a broad range of industry sectors including energy, engineering, construction, travel, financial services and manufacturing as well as local and central government.

Inoapps is proud to be recognized by Oracle as Specialized Partner of the Year for Accelerate Solutions: EMEA 2010 & 2012, Oracle General Business Applications Partner of the Year 2009, 2010 & 2011 and UK Oracle User Group Database Partner of the Year 2011/12.

Inoapps recently received a £10 million investment of growth capital from BGF (Business Growth Fund), the independent company established to provide growth capital to UK businesses.