eShopWorld has secured the top spot in the Deloitte Fast 50 ranking, which measures Ireland’s fastest growing indigenous companies in the tech sector.

Deloitte said eShopWorld, a new entrant to the ranking this year, achieved a growth rate of 9,909% over the last four years. The company’s niche is global eCommerce and logistics management, with a modular solution that gives online retailers control over the end-to-end customer journey. Pictured with his award is CEO Tommy Kelly.

eShopWorld supports large and mid-sized retailers that want to sell their products internationally, while continuing to enhance and promote their brand identity. eShopWorld’s modules - Global Checkout, Payments, Logistics, Customer Service, Marketing Insights, and Retail Administration - deliver a localized customer experience that focuses on reducing cart abandonment, and on removing all pain points from the shoppers’s engagement with the retailer’s brand.

eShopWorld’s operating company, U.S. Direct E-Commerce Ltd, booked a net loss of €263,000 in 2014, bringing accumulated losses to €1.63 million. Year-end liabilities amounted to €4.1 million.

Vearsa Ltd, the company ranked in second place, last filed accounts (for 2012) in June 2013. The Cork company booked a loss of €719,000 through 2012.

In Association with

Joan O’Connor of Deloitte commented: “On average 58% of turnover amongst the winners is generated by exports. Furthermore, on average, over a quarter of turnover is spent on R&D. The winning companies are making their mark internationally and investing in their companies’ futures.”

This year’s Fast 50 programme saw the introduction of five new Deloitte 2015 MNC Patron Awards, in association with leading technology multinationals. These awards recognise excellence in the areas that demonstrate the value and strength of the indigenous technology sector. The winners are:

• Asavie - The Innovative New Technology award, in association with Google
• Fenergo - The Export award, in association with Intel
• Path-XL  - The Research & Development award, in association with Groupon
• CarTrawler - The Impact award, in association with Paypal
• Linda Kiely, VoxPro - The Leading Female award, in association with Vodafone (pictured).

The 2015 Deloitte Fast 50 Ranking