60 Australian companies in Deloitte Technology Fast 500 Asia Pacific 2009 RankingDOWNLOAD
60 Australian companies are listed in the Deloitte Technology Fast 500 Asia Pacific 2009 Ranking, which recognises technology companies (public and private) that have achieved the fastest rates of annual revenue growth in the region during the past three years.
This is a significant increase to the 45 companies listed in the previous year (2008), allowing Australia to improve its position and replace Japan in the top five.
With 60 companies, Australia ranked fifth in the region, behind Taiwan (99), China (97), India (71) and Korea (66). New Zealand was ranked sixth with 51 companies and Japan seventh with 46 companies.
In 2009, Australia also returned to the top 20 (with two companies) having dropped out in 2008. It also improved on the number of companies listed in the top 100 by doubling its presence (from five to ten).
Internet cloud computing company, Emantra, was the top listed Australian company, ranked 14th, followed by software firms nSynergy at 16th and Utilibill at 24th, and telecommunications company Mint Wireless at 25th.
Of the Australian companies listed, 24 are software related, 17 internet, 16 telecommunications / networking (the most in the region), and two biotech/pharmaceutical / medical equipment related.
This generally reflected the region’s composition by sector. For a third year in a row, software companies outranked all other sectors (with 163 companies), with Internet a distant second (78).
The number of private companies in the ranking climbed in 2009 to 291, a substantial increase to the 220 private companies listed in the 2008 report.
Chinese Internet firm Vancl – a direct marketing B2C online clothes retailer – was ranked in first place, boasting an extraordinary growth rate of 29,577 percent. China and Taiwan dominate the top ten with eight positions while the other two are shared by Japan and Korea.
Damien Tampling, Deloitte’s Technology, Media and Telecommunications lead Partner in Australia, said the Australian technology sector had a good year in 2009 despite the uncertain economic times.
“As the report indicates, we’ve had significant improvement in the number of Australian companies listed in the top 500 and those ranked in the top 100,” Mr Tampling said.
“The technology sector in Australia has been able to adapt well to the economic uncertainty in 2009 with publically listed companies able to raise capital funding worth $385 million on the ASX, a sign of confidence from investors that the future looks bright for the sector.
“Similarly, in the region, the technology sector showed resilience and continued growth despite the economic issues driving the global landscape. The biggest returns for fast-growing companies have been generated by breakthrough and ongoing innovation in both existing and new markets.
“This is not to say that the weakened global economy has not impacted technology companies in the Asia Pacific region. It has caused sales cycles to lengthen as they adapt to meet their customers’ needs.”
Australian companies listed in the top 100
|Rank||Company name||Location||Industry sector||3 year % growth|
|14||Emantra Pty Ltd||Australia||Internet||1,756.287|
|16||nSynergy Pty Ltd||Australia||Software||1,221.587|
|24||Utilibill Pty Ltd||Australia||Software||886.942|
|25||Mint Wireless Pty Ltd||Australia||Telecom / Networking||885.414|
|55||Ramp Holdings Pty Ltd||Australia||Software||548.261|
|59||Ansarada Pty Ltd||Australia||Internet||516.098|
|63||Adrenalin Media Pty Ltd||Australia||Internet||498.835|
|75||One Click Solutions Pty Ltd||Australia||Software||448.319|
|90||M2 Telecomms Pty Ltd||Australia||Telecom / Networking||393.791|
|92||Revolution IT Pty Ltd||Australia||Software||390.367|