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Nominations open for the Technology Fast 50 Australia 2012 program

Private Matters, August 2012

Nominations open for the Technology Fast 50 Australia 2012 programTechnology companies who innovate will be rewarded with growth says Deloitte.

Now in its twelfth year, the Technology Fast 50 is a program that continues to recognise and profile Australian technology companies, public or private, who have achieved the fastest rates of annual revenue growth (based on percentage revenue growth over the last three years).

Joshua Tanchel, Deloitte Private Partner and leader of Deloitte’s Technology Fast 50 Program said:   “Our program is about picking winners who have recorded high revenue growth and also survived economic and business expansion challenges.  Last year Internet companies dominated the field and we are expecting a similar result this year as digital engagement becomes more commonplace for businesses and consumers alike.

“We reward technology companies who have grown their business during uncertain times and this often requires innovative methods to set them apart and a strong will to succeed. Deloitte recently released the Innovating for a Digital Future report which highlights that technology, media and telecommunications companies, particularly new ones, understand better than most the critical value of innovation to underpin growth.”

The Technology Fast 50 winners, who will be announced in November, receive exposure and recognition from key technology media and industry colleagues and also become part of an exclusive network of high performing technology companies.

The program is supported by forums, events, newsletters and seminars- available to all entrants - which will continue to help their businesses grow. Program entrants are also considered for the regional Deloitte Technology Fast 500 Asia Pacific 2012 program and, if selected, these companies are recognised across the Asia Pacific region for their growth achievements.

Previous winners have included: Anittel (2011 winner), an IT and telecommunications service provider that acquired and integrated ten firms in a year to create a national service network of 17 offices; Vocus Communications (2010 winner), an independent wholesale Internet transit operator and telecommunications provider, who had record revenue growth of 11,305.60% and Emantra (2009 winner), a private cloud computing Internet service provider, with outstanding revenue growth of 1756.3%.

This is the first year that the Deloitte Technology Fast 50 has been sponsored in Australia. For 2012, UK Trade & Investment (UKTI), the British Government’s international business development organisation is on board.

 Richard Morris, UKTI’s Director-General in Australasia said innovative companies from Australia and around the world continue to head to the UK to do business.

“The UK is the second most popular destination for expanding Australian companies. Tech companies in particular head there to take advantage of Europe’s largest market for ICT products and services and the world’s most internet-connected economy. The new digital hub of Tech City, in London’s East End near the Olympic site, is booming with ICT companies flocking to London’s creative heart,” he said.

For more information about this year’s program (including nomination criteria, nomination process, key dates and other information), please visit Tech50 website and fill out the nomination form. Nominations close 28 September 2012.

For more information please contact;

Joshua Tanchel
Partner, Deloitte Private
Tel: +61 2 9322 7258
Email

 

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