YUDU Media Named One of the UK’s Fastest Growing Technology Companies in the 2010 Deloitte Technology Fast 50
Demand for Online and Mobile Content Helps Drive 868 Percent Revenue Growth for Digital Publishing Company
Lancashire – 22 November, 2010 –
Digital publishing company YUDU Media announced today that it ranked Number 35 in the
2010 Deloitte Technology Fast 50, a ranking of the 50 fastest growing technology companies in the UK. Rankings are based on percentage revenue growth over five years. YUDU grew 868 percent during this period, making it the third fastest growing company in the North.
The Deloitte Technology Fast 50 is internationally recognised as being one of the most important business awards in the sector.
YUDU’s CEO, Richard Stephenson, said that rapidly growing demand for digital content online and on mobile devices such as the
iPad helped drive YUDU’s phenomenal revenue growth. “We continue to see tremendous interest in our core business, which is helping companies transform static print publications into rich, digital format for online consumption,” said Stephenson. “But more recently we’re also seeing a rush of publishers looking to get their content onto mobile devices such as the iPad, iPhone and Android platform.” In fact, a recent YUDU
survey found that two out of three publishers plan to create digital publications for the iPad – a trend that bodes well for YUDU’s continued growth and success.
“Being one of the fastest growing technology companies in the UK is an impressive accomplishment. We commend YUDU Media for making the Deloitte Technology Fast 50 with a phenomenal 868 growth rate over five years,” said Jodi Birkett, Deloitte Technology partner for the North West.