4 years in a row! ITQuotes places in Deloitte Technology Fast 50
Dublin, November 4th 2016
ITQuotes today announced that it ranked number 31 in the 2016 Deloitte Technology Fast 50, a ranking of the 50 fastest growing technology companies in Ireland. This is the 4th year running that ITQuotes has placed in the Deloitte Technology Fast 50. Rankings are based on average percentage revenue growth over four years.
Joe Finucane, ITQuotes, said, “We are delighted to place in the Deloitte Fast 50 again, this is testament to the hard work of our team. We remain one of the fastest growing IT resellers in the country which is an achievement in itself in such a competitive market.”
The awards, which are in their seventeenth year in Ireland, recognise the contribution of indigenous companies to the overall technology sector in Ireland, and indeed the overall economy. Cumulatively, the 2016 Fast 50 winners generated approximately €1.6 billion in total annual revenues in 2015. The average revenue of companies featuring on the ranking was approximately €31 million, while the average growth rate of the companies over the last four years was 270%. On average, exports account for 61% of turnover for this year’s winning companies, while R&D expenditure represents just under a fifth of turnover (18%).
The Deloitte Technology Fast 50 Awards took place in Dublin on 4 November 2016 and were hosted by science and technology journalist, and founder of Whipsmart Media, Jonathan McCrea. Keynote speaker on the night was Mark Casey, Managing Director, Global Media & Entertainment Leader, Technology, Media & Telecommunications, Deloitte.