Application process

The Technology Fast 500 APAC pre-eminent technology awards programme is a ranking of Asia Pacific's fastest-growing technology companies, based on the percentage of revenue growth over three years.

The Technology Fast 500 initiative is supplemented by the local Fast 50 programmes across APAC and the local winners are automatically entered into the Fast 500 programme. Please apply directly through your local country manager as shown below:cc

Eligibility criteria

In order to qualify for the Deloitte Technology Fast 500 Asia Pacific 2020 programme, your company must meet the following general requirements and eligibility criteria:

Have been in business for a minimum of three full years and be able to provide financial statements for all three full years (each year must be a full 12 month period)

Be headquartered within Asia Pacific

Note: Subsidiaries or divisions of companies are not eligible unless they have some public ownership and are separately traded. Companies that are acquired prior to the finalisation of the list are not eligible to participate.

Have base-year operating revenues of US $50,000 in the first year of the three years being analysed

Own proprietary intellectual property or proprietary technology, sold to customers in products that contribute to a majority of the company's operating revenues.

• Owns proprietary technology that contributes to a significant portion of the company's operating revenues.

• Manufactures a technology related product.

• Devotes a significant proportion of operating revenues to research and development of technology.

• Be technology intensive, or use unique technology to solve problems.

Note:

1. Using other companies' proprietary technology or intellectual property in a unique way does not satisfy this requirement.

2. Consulting companies, professional service firms, resellers and others are not eligible

Industry Segments

Participants can be public or private and encompass all technology industry segments, including:

1. Hardware
   
2. Software
3. Communications
4. Media
5. Life sciences
6. Clean Technology

Frequently asked questions (FAQs)

What is the Deloitte Technology Fast 500 Asia Pacific?

The Deloitte Touche Tohmatsu Limited (DTTL) Technology Fast 500 Asia Pacific is one of Asia's most objective rankings for the technology, media and telecommunications (TMT) industries. It was created to recognise 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 DTTL create a Technology Fast 500?

The original programme, the Deloitte Technology Fast 500 North America, was founded in 1995. In 2002, DTTL expanded the programme 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. 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 frequently continue to grow at a rapid pace and be the source of future technological advances, this DTTL programme recognises, rewards and raises the profile of the fastest-growing firms.

Do companies benefit from their participation in the Deloitte Technology Fast 500 Asia Pacific?

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.

A position in the Deloitte Technology Fast 500 Asia Pacific rankings 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 programme is one of only a few that focuses on pure technology, media and telecommunications industry segments.

What do Deloitte Technology Fast 500 Asia Pacific winners receive?

In addition to the recognition of appearing on the winners list, and the associated publicity for the achievement, Technology Fast 500 Asia Pacific companies receive a complimentary PDF softcopy of the ranking.

What are the programme’s important dates?

Nomination period: 1 October – 27 November 2020

Revenue support due: 27 November 2020

Winner’s announcement: Will be in early 2021

Who are the primary contacts?

Asia Pacific - APDeloittePrivate@deloitte.co.nz

What are the programme’s social media handles?

@DeloitteTMT, #fast500 and #fast500apac

Where do entries originate for the Deloitte Technology Fast 500 Asia Pacific?

The list is compiled from two sources:

1. Regional Technology Fast 50 winners in Asia Pacific
   
2. Nominations submitted directly to the Deloitte Technology Fast 500 Asia Pacific via your local country manager (as above)

How does Deloitte determine the winners?

The 2020 Deloitte Technology Fast 500 Asia Pacific winners are determined using three-year percentage growth for each company. In 2020, companies will be ranked on percentage of stated revenue growth between 2017 and 2019 (or 2018 to 2020 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. DTTL 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. Many of the winning companies are private organisations and are not required to reveal their revenue under Asia Pacific laws. The Technology Fast 500 Asia Pacific programme is respectful of this custom.

Is there a list of past Deloitte Technology Fast 500 Asia Pacific winners?

Please see the Deloitte Technology Fast 500 Asia Pacific website, or email APDeloittePrivate@deloitte.co.nz for particular requests.