Frequently Asked Questions (FAQ) |
| What is the Deloitte Technology Fast 500 Asia Pacific? |
| The Deloitte Touche Tohmatsu's (DTT) Technology Fast 500 Asia Pacific is one of Asia's most objective rankings for the technology, media and telecommunications industries. It was created to recognize the effort and dedication of the 500 fastest-growing technology companies in Asia Pacific. It includes both public and private companies. |
| When and why did DTT create a Technology Fast 500? |
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The original program, the Deloitte Technology Fast 500 North America, was founded in 1995. In 2002, DTT expanded the program to Asia Pacific. The ranking of established and emerging high-growth companies in the region is a tribute to those that continue to thrive—even during times of economic slowdown. While the stock market may be more volatile and investors more cautious, it is companies such as these that will likely be key forces behind economic growth in Asia Pacific for years to come. Furthermore, since award winners likely will continue to grow at a rapid pace and be the source of future technological advances, this DTT program recognizes, rewards and raises the profile of the fastest-growing firms—not only in Asia Pacific , but within a global context where technology chief executives operate. |
| Do companies benefit from their participation in the Deloitte Technology Fast 500 Asia Pacific? |
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A position in the Deloitte Technology Fast 500 Asia Pacific ranking helps companies to create awareness, build credibility, attract business partners and increase employee pride. It also generates immense media coverage. Additional value comes from the fact that the program is one of only a few that focuses on pure technology, media and telecommunications industry segments. Deloitte Technology Fast 500 Asia Pacific winners are part of an elite global group, with the potential to network and create a community of companies that, in turn, can promote a platform of best practices. |
| What do Deloitte Technology Fast 500 Asia Pacific winners receive? |
| In addition to the recognition of appearing on the list of winners, the Deloitte Technology Fast 500 Asia Pacific companies receive a complimentary PDF copy of the award portfolio and a custom-made crystal award. |
| Where do entries originate for the Deloitte Technology Fast 500 Asia Pacific? |
| The list is compiled from the following three sources: 1) Regional Technology Fast 50 winners in Asia Pacific; 2) Nominations submitted directly to the Deloitte Technology Fast 500 Asia Pacific; and, 3) From DTT's own research of public companies. |
| How do companies qualify for the Deloitte Technology Fast 500 Asia Pacific? |
To qualify for the ranking, firms must be involved in proprietary technology that contributes significantly to their operating revenues, manufacture a technology product or be deeply involved in technology research and development. The firm must also have:
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| How does Deloitte determine the winners? |
| The 2013 Deloitte Technology Fast 500 Asia Pacific winners are determined using three-year average percentage growth for each technology company. For 2013, companies are ranked on percentage of stated revenue growth between 2010 and 2012 (or 2011 to 2013 for a financial year ending between January and June). The 500 that meet the strict definition of "technology companies with the fastest-growth over three years" make the list. DTT assumes that all information provided by each company is accurate and does not independently verify such information. |
| Why is individual company revenue not revealed in the list? |
| The Deloitte Technology Fast 500 Asia Pacific ranking is based on the percentage of annual stated revenue growth. Since some of the winning companies are private organizations and are not required to reveal their revenue under laws in Asia Pacific. The Technology Fast 500 Asia Pacific program is consistent with this custom. |
| When will winners be named? |
| The awards are presented each year, at a private, invitation-only, and executive event in November or early December each year. |
| Are members of the media invited to attend the awards celebration? |
| Yes. An invitation-only press conference is also scheduled to which all prominent financial and technology media are invited. |
| Who administers the Deloitte Technology Fast 500 Asia Pacific? |
| The Deloitte Technology Fast 500 Asia Pacific program is administered by DTT's Technology, Media & Telecommunications (TMT) global industry group. This TMT group has extensive knowledge of companies operating in these industries and the challenges they face in areas such as: the Internet; software; computers; telecommunications and networking; semiconductors; broadcasting; and, publishing. Deloitte member firm TMT practices provide a global network of dedicated professionals who can deliver innovative solutions to clients worldwide. |
| Is there a list of past Deloitte Technology Fast 500 Asia Pacific winners? |
| Yes. Recent lists and press releases for our winners in Asia Pacific date back to 2006 and are available via Deloitte Technology Fast 500 Asia Pacific winners. |
| Where may I find more details about trends among the winners? |
| Details about the winning companies, including breakdowns by country, industry sector and previous rankings are posted at Deloitte Technology Fast 500 Asia Pacific. Learn more about industry trends at Deloitte's DTT's Technology, Media & Telecommunications global home page. |
| Does DTT sponsor other Technology Fast 500 programs around the world? |
| Yes, DTT and its member firms have Technology Fast 500 programs not only in Asia Pacific, but also in North America (since 1995) and in EMEA (Europe, Middle East and Africa). |