A total of 20 technology companies from across the island of Ireland have ranked in the Deloitte EMEA Technology Fast 500 list, which recognises the 500 fastest growing technology companies across Europe, the Middle East and Africa.
The ranking of innovative, high-growth companies is based on percentage revenue growth over four years, using data submitted directly by companies and verified by Deloitte.
Deloitte 2024 Fast 50 winner Wayflyer came 43rd in the ranking and achieved a revenue growth rate of 3,169%. Fibrus, which came second in the Fast 50, was five places back in 48th after seeing revenue growth of 3,009%.
Tines ranked 55th with revenue growth of 2,786%, and Buymedia came 73rd with revenue growth of 2,208%. The average growth rate across all 500 ranked companies is 1,585%.
The other Irish companies to feature are: Catagen (151st), Mail Metrics (155th), Syndeo (161st), Halo Technologies Europe (206th), Clear Strategy (210th), Lifting365.com (228th), EdgeTier (281st), Circit (302nd), GRID Finance (308th), Ekco (357th), Swoop Funding (361st), CR Payroll Solutions (364th), Core Optimisation (410th), Locate a Locum (420th), Kneat (469th), and Barclay Digital Services (474th).
“The Deloitte EMEA Technology Fast 500 highlights the strength of Ireland’s domestic tech sector and the extraordinary abilities of our entrepreneurs," said James Toomey, Fast 50 lead and partner at Deloitte.
"Even when benchmarked against the fastest growing tech companies from across a wide geographical sphere, Ireland, a small island of around 7m people, has still got 20 companies in this list."
“Congratulations in particular to Wayflyer, Fibrus, Tines and Buymedia who are in the highest 100 ranked companies out of 500 and topped the list in our 2024 Fast 50 awards.
"We marked the 25th anniversary of Fast 50 in 2024 and it reminded me how intertwined the story of modern Ireland and technology is.
"Awards like these show that despite global uncertainty, the future for domestic tech growth in Ireland is bright and we must continue to support these companies to grow Domestic Direct Investment (DDI).
“I look forward to opening applications for the 2025 Fast 50 ranking over the summer.”
At the top of the EMEA list is i-charging, a Portuguese company specialising in hardware and software for electric vehicle charging solutions, with a growth rate of 65,881%.
Photo: Aidan Corbett, CEO of Wayflyer. (Pic: File)
