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Choosing the high-tech champions

Over ten years ago Deloitte began a competition to find the fastest growing technology companies. Belgian participation, which began two years ago, has been enthusiastic, producing finalists and winners. We take a look at a unique contest that gives special recognition to some true entrepreneurial champions.

Technology companies represent significant opportunities for the Benelux economies. Indeed, such innovative firms are seen by many as essential for boosting the region’s competitiveness, productivity and employment. Recognising this, Deloitte provides a range of services to assist technology companies – large and small, old and new – in achieving their strategic goals. 

Deloitte believes that given their significant role as drivers of future growth, technology companies merit special recognition and support. Moreover, rapidly growing firms are of particular interest because they provide important lessons for us all. 

That’s why for over a decade the Global Deloitte TMT Industry Group has organised the Deloitte Technology Fast50 contest. Honouring business growth, technological innovation and entrepreneurial spirit, the annual competition elects the 50 fastest growing companies in the technology industry in each participating country or region.

With the creation of a Benelux Fast50 competition in 2009 Belgium entered the fray. In the first year two Belgian firms were nominated, and one, Netlog, was awarded the top prize. This year the number of Belgian nominees more than doubled to five. 

The 2010 Fast50 winner was the Dutch company Service2Media. Located in Enschede, the firm creates and operates innovative mobile services and applications. Since its founding in 2005 Service2Media has achieved an astounding growth rate of 4.763%. The best-ranked Belgian company on the list this year was iVOX.

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