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Technology Fast 50 Past Results

Hall of fame

2012 Deloitte Technology Fast 50 Australia

brandsExclusive (Australia) Pty Ltd, one of the fastest growing fashion websites in the country, with record revenue growth of 1,335.1% over the last three years, was today announced the winner of the 2012 Deloitte Technology Fast 50. As Australia’s first by-invitation shopping club, brandsExclusive is the market leader in the private shopping club segment, with the highest number of unique visitors per month. The company has a member base of over two million people, growing by 90,000 members per month. It partners directly with leading brands to offer sales events to its members.

Joshua Tanchel, leader of Deloitte’s Technology Fast 50 Program highlighted brandsExclusive’s long-term strategic sourcing relationships and understanding of the power of social media. The company topped this year’s winners’ list, as well as topping the Leadership Awards category, which provides special recognition to winners with revenues in excess of $50 million.

“brandsExclusive was the winner of our Rising Star award last year and it’s an understatement to say they have gone from strength to strength in the past 12 months. The convergence of disruptive, post-digital technologies is changing the ways businesses must respond to individuals’ needs and expectations.  brandsExclusive is a prime example of a business that has understood and embraced these changes and profited accordingly.”

“Particularly impressive across all of this year’s winning technology companies,” added Mr Tanchel, “is the way they have capitalised on opportunities in an environment of rapid change and disruption.”

2012 Leadership award

Now in its third year, the Leadership Awards are granted to companies with operating revenues in excess of $50 million in 2011. This year’s winner was also brandsExclusive.

2012 Rising Star award

The winner of the 2012 Rising Star award was Styletread Pty Ltd, an Australian online shoe store that also has operations in New Zealand. With the largest range of footwear in Australia, the company has developed its web-store platform on the base of a customised Magento open source platform.
The Rising Star award recognises high quality and innovative companies with strong growth potential that do not qualify for the Technology Fast 50 list, either as a result of having less than three years’ existing revenue data or not meeting the new $8 million threshold requirement of the Technology Fast 50 program.  

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2011 Deloitte Technology Fast 50 Australia

Anittel Ltd, a national ASX-listed IT and Telecommunications service provider, who had record revenue growth of 1,022.22%% over the last three years, was the winner of the 2011 Deloitte Technology Fast 50.  Anittel supports the complete end-to-end technology requirements of small to medium enterprises across Australia, and provides a range of technology solutions.

Joshua Tanchel, leader of Deloitte’s Technology Fast 50 Program highlighted Anittel’s strong growth through acquisition and its provision of technology solutions in IT support, telecommunications, Internet and networking, cloud services, and hardware and software. The company topped this year’s winners’ list, as well as topping the Leadership Awards category, which provides special recognition to winners with revenues in excess of $50 million.

“Over the past several months Anittel has opened two new office locations to increase its national footprint to 17 regional and metropolitan office locations.”

“Particularly impressive across all of this year’s winning technology companies,” said Mr Tanchel, “is the way they have all  capitalised on opportunities in a somewhat cautious market and strategically prepared themselves for improved economic conditions. Nearly half of the winning companies classify themselves as ‘Internet’ businesses, which is representative of the shift of broader technology companies to being more focused on online commerce.”

The 2011 Deloitte Technology Fast 50 Program, then in its eleventh year, ranked 50 of the fastest growing public or private technology companies, based on percentage revenue growth over three years (2009 to 2011).

“The Fast 50 winners have been impressive in the way they have embraced change, adopted new technologies and brought innovative solutions to the marketplace,” said Mr Tanchel.
Total revenue for this year’s Fast 50 winners was approximately $2.2 billion, up from $1.8 billion in 2010.

2011 Leadership award

Then in its second year, the Leadership Awards was granted to companies with operating revenues in excess of $50 million in 2011. The 2011 winner was also Anittel, who services a range of sectors, such as finance, legal, medical, government, education and not-for-profit.

2011 Rising Star award

The winner of the 2011 Rising Star award was brandsExclusive Pty Ltd, Australia’s first by-invitation shopping club, who is one of the fastest-growing fashion websites in the country and is the market leader in the private shopping club segment, wither of unique visitors per month. The company has a member base of over 1.3 million people (growing by 7 the highest numb0,000 members per month). It partners directly with leading brands to offer sales events to members.

The Rising Star award recognises high quality and innovative companies with strong growth potential that do not qualify for the Technology Fast 50 list, either as a result of having less than three years’ existing revenue data or not meeting the new $8 million threshold requirement of the Technology Fast 50 program.

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2010 Deloitte Technology Fast 50 Australia

Vocus Communications Ltd, an independent wholesale internet transit operator and telecommunications provider, who had record revenue growth of 11,305.60% over the last year, is the winner of the 2010 Deloitte Technology Fast 50. 

Vocus provides independent data and voice solutions to the wholesale market and recently listed on the ASX.

Joshua Tanchel, leader of Deloitte’s Technology Fast 50 Program said Vocus is a young innovative company that embraced opportunities that technology brings to the business landscape.

“Their ethos of delivering exceptional customer service and striving to do things differently, by adopting new technologies and developing innovative solutions, gives them the well deserved accolade of being a Deloitte Technology Fast 50 winner.”

“This year’s winners,” said Mr Tanchel, “are adapting to a fast paced changing technology landscape, seeking out and developing new technologies and bringing innovative solutions to the market place. We noticed an increase of companies that classify themselves as “internet” businesses, which is representative of the shift for broader technology companies to being more online focused and operating in the cloud.”

The Deloitte Technology Fast 50 Program, now in its tenth year, ranks the 50 fastest growing public or private technology companies, based on percentage revenue growth over three years (2008 to 2010).

“This group of companies have shown resilience, recorded high revenue growth and adopted innovative techniques to build their business and continue to grow even when market conditions were difficult,” said Mr Tanchel.

Total revenue for this year’s Fast 50 winners was approximately $1.8 billion, which is a 72% increase from the previous year.

The special guest speaker at the awards ceremony was Simon Baker, Founder of realestate.com.au.

2010 Leadership award

New to the year’s program in 2010 was the Leadership Awards, which was granted to companies with operating revenues in excess of $50 million in 2010. The inaugural winner was M2 Telecommunications Group, one of Australia’s largest network-independent provider of the full suite of telecommunications services, now operating in the retail and wholesale markets.

2010 Rising Star award

The winner of the 2010 Rising Star award was Mozo, a company which launched in 2008 to help people make informed decisions about retail banking products. A few months ago, Mozo launched Australia’s only application to determine the true value of credit card reward programs.

The Rising Star award recognises high quality and innovative companies with strong growth potential that did not make this year’s Technology Fast 50 awards, either by not meeting the new $8 million criteria, or having less than three years’ revenue data.

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2009 Deloitte Technology Fast 50 Australia

Emantra, a private cloud computing internet service provider, who had record revenue growth of 1756.3% over the last year, is the winner of the 2009 Deloitte Technology Fast 50.

Joshua Tanchel, leader of Deloitte’s Technology Fast 50 Program said: “Emantra used the global economic downturn as a major advantage, as their customers turned to less costly owner-operated technology. The company’s managed services model was validated by their customer’s high expectations of their IT requirements, but with less money to spend.”

Cloud computing is a style of computing in which virtualised resources are provided as a service over the Internet.

The Deloitte Technology Fast 50 program, now in its ninth year, ranks the 50 fastest growing public or private technology companies, based on percentage revenue growth over three years (2007 to 2009). See the full list of winners in the report.

“This year’s winners,” said Tanchel, “are embracing technologies such as smart phones, cloud computing, virtualisation, infrastructure as a service, and robotics to improve efficiencies and reduce operational costs for their clients.

“They have also faced the challenges of difficult economic conditions and triumphed. Our program recognises 50 companies who are some of the most resilient and fastest growing in the Australian technology industry. This group of companies managed to stay focused and to prosper in the face of increased uncertainty and complexity,” said Tanchel.

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2008 Deloitte Technology Fast 50 Australia

Newcomer ComTel wins Deloitte 2008 Technology Fast 50

The winner of the 2008 Deloitte Technology Fast 50 Program was ComTel, a listed mobile network operator with record growth of 1302% over the last year. It was the company’s inaugural entry onto the league table.

Now in its eighth year, the program recognises 50 dynamic and fast-growing technology companies that have shown sustained growth over the last three years.

Joshua Tanchel, leader of Deloitte’s technology Fast 50 Program noted that half the index included new entrants and that there were many more software companies than in 2007.

“In 2007, only 14% of entrants were software companies. This year this figure has more than doubled to 38% as we increasingly see innovation driving Australian software development. And it is innovation which is expanding the opportunities for these companies both locally and globally.”

Total revenue for the current Fast 50 winners was $894 million, a decline in total revenue compared with the previous three years. The revenue figure was impacted by more companies having revenue in the $1-20 million categories than in previous years.

“Younger companies, such as software companies, dominate the index highlighting how smaller IT companies can exude growth, confidence and sustainability, even in the current economic climate,” added Mr Tanchel.

The keynote speaker at the Deloitte Technology Fast 50 awards ceremony was David Shein, Chairman of Macromatix, a software developer providing a specialised online management solution that had successfully enabled retailers to better manage their businesses.

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2007 Deloitte Technology Fast 50 Australia

Mobile content and applications provider, Mobile Data Group Pty Limited easily rode to the top of the Deloitte Technology Fast 50 league table, with phenomenal revenue growth of 10,237%. The company’s performance was only previously surpassed by Bill Express who topped both the Australian Fast 50 and the Asia Pacific Fast 500 in 2004.

This year the fastest growing companies in the Deloitte Technology Fast 50 were mobile content and wireless service companies and for the third consecutive year, internet based companies dominated the field with 44% of the 2007 Fast 50 engaged in internet based businesses.

This year the average total revenue of Deloitte Technology Fast 50 participants was smaller.
Deloitte Partner, Julia Bickerstaff noted that:
“Total revenue fell to $903m, less than half the previous year’s average total revenues. However this decline really underlines the changing type of companies in the Fast 50, with this year’s table dominated by younger companies in newer industry segments,"

The Fast 50 benchmarking survey this year highlighted a dramatic increase in the number of companies seeking business opportunities outside of Australia.

The 2007 Rising Star Award was won by Amethon Solutions (Asia Pacific) Pty Limited. Amethon Solutions is a private Australian company specialising in mobile analytics solutions for the telecommunications industry. The company’s innovative products and solutions enable mobile operators and content providers to leverage the value of mobile content by managing, monitoring, measuring and monetising mobile content traffic.

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Deloitte Technology Fast 50 Australia 2006

In 2006, the results were so strong, that the top 70 Australian companies nominated would be included in the ranking of the Deloitte 500 fastest growing companies in the Asia Pacific region.

The Deloitte Technology Fast 50 2006 saw the strongest ever results recorded in Australia since the index began in 2001.

The winner, Unwired, is based in Sydney and makes its debut in the Fast 50 this year. Unwired is an Australian public company building a nationwide, fixed wireless telecommunications network that will carry internet and voice services.

We were pleased to congratulate Hitwise Pty Ltd (Hitwise) and Seek Limited (Seek) as they marked their fifth consecutive appearance in the Deloitte Fast 50.

The winner of the Rising Star award was B-free Pty Ltd (B-free), an exciting new software company based in Southport, Queensland. B-free has developed an innovative software package for use by small businesses and individuals which cleverly links online banking software to an accounting package, automating money management and virtually eliminating data entry.

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2005 Deloitte Technology Fast 50

For the first year the majority of the companies come from the internet sector, including a number of online businesses which are helping to restore faith in the ‘dot.com’ brand.

With a growth rate of 2,410 percent the overall winner of the Deloitte Technology Fast 50 is People Telecom. Its success is testament to the impact of the convergence of voice and data over the last year.

People Telecom has been in the list for two consecutive years and has now grown its revenues to over $100 million in five years.

Congratulations also go to the winner of the rising star award this year MGM Wireless which has harnessed SMS technology to create a product which helps to improve educational outcomes for children.

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2004 Deloitte Technology Fast 50

The average three-year revenue growth of this year’s Deloitte Technology Fast 50 winners was an impressive 1383%, with combined 2003 revenues for the companies exceeding $1.1 billion, clearly underlining the economic contribution of these rapidly growing companies.

Topping the Deloitte Technology Fast 50 Australia and Fast 500 Asia Pacific in 2004, Bill Express (Dial Time Pty Ltd) utilises its national payment network throughout Australia to allow individuals to pay bills in-person at any participating newsagency.

The company listed on the ASX in October 2004 and for the financial year ended 30 June 2007 reported revenue in excess of $1b. Bill Express continued to featured in the Deloitte Technology Fast 50 Australia again in 2005 (15th) and 2006 (46th), as well as the Deloitte Technology Fast 500 Asia Pacific from 2005–2007.

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