Deloitte & Touche has unveiled its sixth annual ranking of London and the South East’s fastest growing technology companies. Host Europe Plc was placed 11th in the rankings and also collected an ‘outstanding achievement’ award for being placed in the Fast 50 in three successive years.
Deloitte & Touche created the Technology Fast 50 to reach out to UK technology companies and champion innovation in the sector. This year’s event is also co-sponsored by Hewlett-Packard, the global provider of technology products and services; SCC, part of Europe’s largest privately-owned technology group; the London Stock Exchange; and Intellect, the trade body for the UK-based information technology, telecommunications and electronics industry.
The Technology Fast 50 programme seeks out those companies that have shown impressive growth rates in the telecommunications, hardware, software and biotechnology markets over the last three financial years.
Abby Hardoon, Chief Executive Officer of Host Europe said, “We are delighted to have again been recognised in the Fast 50. The last two years have seen us operating in an increasingly tough market place but through investment in our technology platform, and our commitment to customers, we have been able to continue our strong growth. We hope to be back next year.”
William Touche, Chairman of the Technology Fast 50 Programme, said, “The Fast 50 programme has always been a reliable indicator of whether British innovation is leading to more growth and wealth creation. These companies have demonstrated how to survive and thrive in today’s market by helping their customers reduce their costs and improve their performance. We are delighted that our sponsors have joined us in encouraging fast-growing companies to showcase their businesses and to contribute to the next wave of innovation in the UK’s technology sector.”
About Host Europe PLC:
Host Europe is one of Europe's leading dedicated Internet hosting companies. It provides a comprehensive range of services including enterprise hosting, dedicated servers, shared server hosting, managed services, server co-location, global domain name registration and a bespoke range of e-services, to SME businesses.
Its hosting solutions are all serviced from Host Europe's own facilities, with multiple connections to the Internet and 24/7 technical support ensuring industry leading levels of reliability and quality of service.
Corporate information on the company can be seen at www.hosteurope.com.
About the Deloitte & Touche Technology Fast 50 Programme:
The programme consists of a series of regional programmes covering the East, London & South East, Midlands, South West & South Wales, the North and Scotland and Ireland. Each region will host an awards ceremony to honour the 50 fastest growing technology companies in their areas in October and November. Following the regional programmes, Deloitte & Touche will publish a national ranking of the UK’s Technology Fast 50 companies.
Eligibility criteria for the Technology Fast 50
In business for a minimum of 3 years
Considered a technology company defined as:
producing technology manufacturing technology-related products technologically intensive or uses unique technology in problem-solving devoting a high percentage of effort to research and development of technology
Parent company must be UK owned and headquartered in a participating region (subsidiaries do not qualify)
Turnover must be over Euro 50,000 in 2000
The Technology Fast 50 programme was originally started in San Jose, the centre of Silicon Valley, California in 1995 and has expanded across the globe in the last six years. Both the regional Technology Fast 50 and the national Technology Fast 500 were created to recognise the outstanding contribution of fast growing technology companies to the US economy.
For further information, visit http://www.fast50.co.uk
For further information on Deloitte & Touche, please visit http://www.deloitte.co.uk
