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60 Australian companies in Deloitte Technology Fast 500 Asia Pacific 2009 Ranking


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

Last Updated: 


Petros Kosmopoulos
Deloitte Australia
Job Title:
Corporate Affairs & Communications
Tel: +61 3 9671 6093, Mobile: +61 4 0700 0926
Damien Tampling
Deloitte Australia
Job Title:
Partner, Corporate Finance
Tel: +61 2 9322 5890, Mobile: +61 409 100 905
Joshua Tanchel
Deloitte Australia
Job Title:
Partner, Deloitte Private
Tel : +61 2 9322 7258, Mobile: +61 (0) 425 361 611




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