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Deloitte Technology Fast 500 Asia Pacific 2007

Asia Pacific technology firms are experiencing their highest growth rates yet and CEOs are confident that of maintaining the same growth rates over the next 12 months, according to Deloitte's 2007 Technology Fast 500 Asia Pacific Ranking and CEO Survey, released 6 December 2007.

More than 280 participants from more than 180 companies representing 10 locations across Asia Pacific attended this year’s Technology Fast 500 Asia Pacific awards ceremony. The event, now in its sixth year, was held at the InterContinental Hotel in Hong Kong. The awards ceremony included a first-ever panel discussion featuring winning company CEOs. Tailored for the C-suite of the winning companies, the interviews addressed a series of key industry-specific topics.

About the winners

Average growth rates across all 500 ranked firms are at the highest point since the program began in 2002, at 540 percent. Growth rates of the top five firms have more than doubled since 2006. The top five Malaysian winners were:

 Rank  Company Growth
1 Extol MSC Sdn Bhd 823.76%
2 VADS e-Services Sdn Bhd 800.48%
3 RedHot Media Sdn Bhd 483.68%
4 Green Packet Berhad 447.52%
5 E-Cenit Systems Sdn Bhd 355.15%

Business locations of the Technology Fast 500 Asia Pacific 2007 ranked companies were as follows:

  • Taiwan (99)
  • India (82)
  • South Korea (82)
  • Japan (63)
  • Australia (62)
  • China (53)
  • New Zealand (38)
  • Malaysia (17)
  • Singapore (3)
  • Thailand (1)
CEO survey highlights

237 CEOs from the 500 winning companies were interviewed to find out how they are maintaining high levels of growth in today’s economy. They were also asked about the key drivers of growth, their hopes and fears and what they feel are their key responsibilities as CEO.

The four key findings that stood out most this year were:

  • CEO confidence is at its highest ever
  • Offshoring of key functions is on the rise
  • Skilled people are proving harder to find and retain
  • Embracing green initiatives

For further information about the Asia Pacific Technology Fast 500 program, email mytechfast500ap@deloitte.com.

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