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Deloitte Global Announces 2017 Technology Fast 500™ EMEA Rankings

Deloitte Global Announces 2017 Technology

  • Average growth rate rises to 1,377 percent from 967 percent in 2016
  • United Kingdom’s Deliveroo leads the charge with 107,117 percent growth

PARIS, FRANCE 7 December 2017–A company from the United Kingdom tops Deloitte’s Technology Fast 500™ rankings for Europe, the Middle East and Africa (EMEA). Now in its 17th year, the list is compiled by Deloitte Global’s Technology, Media & Telecommunications (TMT) industry group.

Overall, this year’s Technology Fast 500 list for the region features winners from 18 countries, with an average growth rate of of 1,377 percent, up from 967 percent in 2016. Growth for individual companies on the list ranged from 220 percent to 107,117 percent.

“This year’s Fast 500 list is led by organisations with unprecedented growth,” said Paul Sallomi, Deloitte Global Technology, Media & Entertainment and Telecommunications, Industry Leader. “As technology continues to evolve, 2017’s ranking companies show that every industry is ripe for transformation, impacting both consumers and enterprises across sectors. We congratulate our winners and are excited to see their continued achievements in 2018.”

Deliveroo, a UK company, was the number-one ranked company on the 2017 EMEA Technology Fast 500 list. Deliveroo grants consumers the ability to order food from local restaurants, both private and chain, who otherwise may not offer delivery.

Will Shu, Founder and CEO Deliveroo, said, "Deliveroo has been able to scale at pace thanks to advances in our technology, the offer of flexible work which our riders value and great food from our restaurant partners.

“The next exciting phase in our development will see more power being handed to the consumer, with restaurants better able to cater for consumers’ needs because they have richer data to work with. As we grow further, we will bring more people more choice, healthier options and new food and as our technology improves deliveries will become faster and our selection on offer will become more varied.”

Rounding out the top five were Lesara GmbH (Germany), Guide to Iceland (Iceland), youAPPi Ltd (Israel) and Bloom & Wild (UK). Last year’s top company, Fingerprint Cards AB (Sweden), is listed at ten on the 2017 list. A complete list of winners can be found at www.deloitte.com/fast500emea.

The 2017 Deloitte Global Technology Fast 500 EMEA top 10
Company Name:Deliveroo (Roofoods Limited) www.deliveroo.co.uk
Location:United Kingdom
Industry Category:Software
Growth Percentage : 107117%

Company Name: Lesara GmbH www.lesara.de
Location:Germany
Industry Category:Media
Growth Percentage :71981%

Company Name: Guide to Iceland www.guidetoiceland.is
Location: Iceland
Industry Category: Software
Growth Percentage : 30314%

Company Name: youAPPi Ltdwww.youappi.com
Location: Israel
Industry Category: Communication
Growth Percentage : 16230%

Company Name: Bloom & Wild www.bloomandwild.com
Location: United Kingdom
Industry Category: Software
Growth Percentage : 13818%

Company Name: Yotpo Ltd www.yotpo.com
Location: Israel
Industry Category: Communication
Growth Percentage : 8703%

Company Name: Kiwi.com s.r.o. www.kiwi.com
Location: Czech Republic (Central Europe)
Industry Category: Software
Growth Percentage : 7165%

Company Name: Deeper, UAB www.deeper.eu
Location: Lithuania (Central Europe)
Industry Category: Hardware
Growth Percentage : 7048%

Company Name: Prusa Research s.r.o. www.prusa3d.com
Location: Czech Republic (Central Europe)
Industry Category: Hardware
Growth Percentage : 6910%

Company Name: Fingerprint Cards AB www.fingerprints.com
Location: Sweden
Industry Category: Software
Growth Percentage : 6858%

Geographic overview

France had the most winners in the Technology Fast 500 for EMEA for a seventh consecutive year — though narrowly surpassing the UK in second. The other top represented regions and countries included Central Europe, the Netherlands and Sweden.

Country:France
Number of ranked companies:97

Country:United Kingdom
Number of ranked companies:92

Country:Central Europe
Number of ranked companies:62

Country:The Netherlands
Number of ranked companies:50

Country:Sweden
Number of ranked companies:48

Country:Germany
Number of ranked companies:24

Country:Finland
Number of ranked companies:23

Country:Turkey
Number of ranked companies:23

Country:Belgium
Number of ranked companies:20

Country:Israel
Number of ranked companies:20

Sector overview

The companies with the highest cumulative growth percentages in this year’s rankings were in media, communication and software.

Sector:Clean technology
Number of ranked companies:14
Average growth per sector:764%

Sector:Communication
Number of ranked companies:32
Average growth per sector:1588%

Sector:Hardware
Number of ranked companies:32
Average growth per sector:1104%

Sector:Life Sciences
Number of ranked companies:22
Average growth per sector:786%

Sector:Media
Number of ranked companies:66
Average growth per sector:2107%

Sector:Software
Number of ranked companies:334
Average growth per sector:1304%

About Deloitte Global’s 2017 Technology Fast 500 EMEA programme

Deloitte Global’s Technology Fast 500™ EMEA program is an objective industry ranking focussed on the technology ecosystem. It recognises technology companies that have achieved the fastest rates of revenue growth in Europe, the Middle East and Africa (EMEA) during the past four years. The program is supported by Deloitte Global’s Technology Fast 50 initiatives, which rank high-growth technology companies by location or specifically defined geographic area and are run by Deloitte Global’s Technology, Media & Telecommunications (TMT) industry group. More information on the program is available at www.deloitte.com/fast500emea.

Now in its seventeenth year, the Technology Fast 500 program in EMEA included over 18 countries, including Belgium, France, Finland, Germany, Italy, the Netherlands, Turkey and the UK. This year’s winners were selected based on percentage fiscal-year revenue growth from 2013 to 2016.

Sponsors of Deloitte Global’s 2017 Technology Fast 500 EMEA program are Euronext, a pan-European exchange that helps tech companies finance growth and innovative projects through the stock market; Oracle NetSuite, provider of cloud-based financials / Enterprise Resource Planning (ERP), HR and omnichannel commerce software that runs the business of companies in more than 100 countries; and Michael Page, recognised by clients and candidates the world over as the leading specialist consultancy in permanent recruitment, temporary staffing and interim management.

Contact

Christine Brodeur
Global TMT Marketing Leader
Deloitte Touche Tohmatsu Limited
Tel : +1 212 688 4759
cbrodeur@deloitte.com