Espion move up the rankings in the Deloitte Technology Fast 50
Espion has featured for the sixth consecutive year in the 2011 Deloitte Technology Fast 50, a ranking of the 50 fastest growing technology companies in Ireland – up thirteen places on the 2010 placing.
Espion today announced that it has been ranked for the sixth consecutive year – up thirteen places on the 2010 placing - in the 2011 Deloitte Technology Fast 50, a ranking of the 50 fastest growing technology companies in Ireland. Rankings are based on average percentage revenue growth over five years.
Espion’s managing director, Colman Morrissey, attributes the company’s revenue growth over the past five years to accurately anticipating the risks to clients’ information assets and combining the best practices, processes and technologies to address information security issues for the clients’ specific needs. He said, "Information plays a major role in the success of organisations. With risks to this key asset threatening corporate achievements and reputations, information security has become a top management priority. Espion has a genuine depth and breadth of expertise across all aspects of information security that enables us to deliver a tailored, unique and highly effective solution for our clients.”
The Fast 50 programme, now in its twelfth year in Ireland, ranks the fastest-growing technology companies in the Republic of Ireland and Northern Ireland. This year, there are 14 companies from Northern Ireland in the ranking. The average growth rate of the Fast 50 companies named in this year’s ranking is 674%.
Announcing the winners of the Technology Fast 50 programme, David O’Flanagan, Partner, Deloitte said: “Looking at the list of Deloitte Fast 50 winners in 2011, it becomes clear that we are witnessing the second wave of Irish technology companies starting to mature. In 2001, companies such as Conduit, Horizon Technologies and Iona were riding high as Fast 50 winners; ten years on and there are new kids on the block who mirror their predecessors in having great ideas and understand that to grow they have to go global.”
The awards took place in the Dublin Convention Centre on Friday 21st October. Industry figures speaking at the event included Maurice Mortell, Managing Director, Telecity Group Plc (former CEO Data Electronics) and Regina Moran, CEO, Fujitsu. Sponsors of the event were William Fry and Tughans.
Details of the Deloitte Technology Fast 50 ranking list are available to download at www.fast50.ie.
Ends
Editor’s Notes:
About Espion
Espion are information security experts. Our clients trust us to ensure that critical information – from sensitive customer details to intellectual property – is secure. Espion’s experts help companies from all sectors to manage threats and demonstrate their commitment to information protection, allowing them to focus on the achievement of business goals. www.espiongroup.com
About the Deloitte Technology Fast 50 Programme
To enter the Fast 50 Awards, companies must meet the criteria listed below.
Entry Criteria:
• Entrants must have been operating for a minimum of five years, with a turnover of at least €50,000 for 2005.
• Entrants can be public or private companies but the parent company must be headquartered in the Republic of Ireland or Northern Ireland. Subsidiaries or divisions do not qualify.
• Each entrant must be a technology company defined as producing technology; manufacturing technology-related products; being technologically intensive or using technology in problem-solving; or devoting a high percentage of effort to the research and development of technology.
Rising Star category
Companies who wish to enter the programme, which have not been in business for the minimum 5 years may qualify for the Rising Star category on satisfaction of the following criteria:
• Entrants must have been operating for a minimum of three years and less than five years, with turnover of at least €30,000 for 2007.
• Entrants can be public or private companies but the parent company must be headquartered in the Republic of Ireland or Northern Ireland. Subsidiaries or divisions do not qualify.
• Each entrant must be a technology company defined as producing technology; manufacturing technology-related products; being technologically intensive or using technology in problem-solving; or devoting a high percentage of effort to the research and development of technology.
About Deloitte
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see www.deloitte.com/ie/about for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its member firms.
The information contained in this press release is correct at the time of going to press.
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