Export Technologies makes Deloitte Technology Fast 50
Belfast based Export Technologies has been ranked the second fastest growing technology company in Northern Ireland according to the 2012 Deloitte Technology Fast 50, which is a ranking of the 50 fastest growing technology companies in Ireland.
Located in the Northern Ireland Science Park, this leading software development company boasts the world’s largest online bike store, Chain Reaction Cycles as well as global jewellery brand Argento as its client’s and has seen a 471% growth in revenue over the last five years.
Ranked 12th overall in Ireland and 47th in the UK, CEO Daniel Loughlin credits product innovation and hard work for the company’s growth.
He says, “We are delighted to have ranked highly as the other companies involved are a ‘who’s who’ from the Irish technology community. This is the third consecutive year we have ranked within the top 12 and it is a testament to the hard work of our team who are constantly finding new ways of improving our ecommerce platform (The IRP), which has ultimately helped our business grow in a very competitive market. Our strategy for the next 12 months is to continue evolving and finding new revenue streams to facilitate growth in 2013.”
The Fast 50 programme, now in its thirteenth year in Ireland, ranks the fastest-growing technology companies in the Republic of Ireland and Northern Ireland. This year, there are 15 companies from Northern Ireland in the ranking. The average growth rate of the Fast 50 companies named in this year’s ranking is 556%.
Announcing the winners of the Technology Fast 50 programme, David Crawford, Partner with Deloitte Belfast said: “Each year, we are considerably enthused by the resilience and tenacity of the indigenous technology sector as they demonstrate high levels of growth amidst challenging economic times. One of the key drivers of this growth has been their ability to capitalise on international markets. Many companies from across Northern Ireland now have an increased focus on international expansion as a way to drive sustainable growth. The indigenous technology sector has been a trailblazer in this regard – some of our most successful technology companies have long been internationalising their IP and reaping the rewards. It’s encouraging to observe that so many of our Fast 50 winning companies are seeking to exploit both local and global markets to their best advantage.”
Details of the Deloitte Technology Fast 50 ranking list are available to download at www.fast50.ie.