Eight businesses from Northern Ireland have made it on to this year’s Deloitte Technology Fast 50 ranking.
The programme ranks the 50 fastest-growing technology companies on the island of Ireland based on revenue growth over the last four years, and this year marks 22 years of celebrating innovation and entrepreneurship in the indigenous technology sector.
Dublin company LetsGetChecked, which gives people the tools to manage their health from home by providing direct access to health insights, at-home diagnostics, virtual care, and pharmacy for a wide range of health conditions, took the top spot with a hugely impressive growth rate of 18,663% over the last four years.
The Northern Ireland companies on the list were SciLeads, Foods Connected, Datactics, Totalmobile, Instil Software, AquaQ Analytics, PlotBox and Decision Time, with SciLeads and PlotBox making their first appearance in the ranking.
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Derry-based education software provider Learning Pool also received the programme’s Alumni Award, which acknowledges a company that has played a major role in the Fast 50 programme. Learning Pool has featured 10 times in the Fast 50 since the awards began.
Cumulatively, the 2021 Fast 50 winners generated approximately €1 billion in total annual revenues and employed over 16,000 people. The average revenue of companies featured in the ranking was approximately €19 million, while the average growth rate of the companies over the last four years was over 700%. The awards also saw a record number of new entrants this year, with 23 companies featuring for the first time.
This year’s ranking features companies from all four provinces. 30 companies are Leinster-based, 10 are from Munster, eight are from Ulster, and there are two representatives from Connacht.
Aisléan Nicholson, Deloitte Technology Fast 50 programme partner in Belfast commented on the programme: “All of the companies who made the list this year have shown creativity, resilience, and commitment to driving progress in the local technology sector, which is crucial to the future of Northern Ireland’s economy. It is also encouraging to see so many new entrants to the ranking – with a strong cohort of younger companies, the future of the sector looks bright. We are thrilled to showcase their achievements and wish them continued success over the coming years.”
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The Deloitte Technology Fast 50 awards featured a number of award categories, including:
Scale Up Award in association with Scale Ireland
Winner: Flipdish
Innovative New Technology Award in association with Google
Winner: eDesk
Impact Award in association with Meta
Winner: T Pro
Women in Technology Advocate Award in association with Vodafone
Winner: Raluca Saceanu, Chief Operating Officer, Smarttech247
Alumni Award
Winner: Learning Pool
The Deloitte Technology Fast 50 ranking features both private and public listed technology companies that have demonstrated innovative strategies, sound management practices and marketplace vision, driving them to achieve the status of high-growth leaders. Full details on the winners can be found at www.fast50.ie.
Source: Written from press release.