Business

Eleven tech firms from north among Ireland's fastest growing

From left, Tara Simpson (Instil Software), Patrick McAliskey (Novosco) and David Crawford (Deloitte)

ELEVEN firms from Northern Ireland have been included in the Deloitte Fast 50 Technology programme.

The list names the fastest growing tech companies across Ireland.

For four of the companies, it is their first place in the Fast 50.

Those on the short-list include First Derivatives, Instil Software, Leaf Consultancy, Learning Pool, Novosco, Path XL and Seopa.

These Fast 50 veterans were joined by newcomers CM Direct Ltd (trading as Ozaroo.com), Tascomi, Seven Technologies Holdings and Neueda Consulting.

The final Deloitte Fast 50 rankings and company growth levels will be revealed at the awards ceremony to be held on Friday November 13 in the DoubleTree by Hilton Hotel in Dublin.

This is the 16th year of the Fast 50 programme in Ireland. One of the longest standing technology contests in Ireland, the awards demonstrate the contribution of the indigenous technology sector.

Cumulatively, the 2014 Fast 50 winners generated approximately €350 million (£252m) in total annual revenues, with an average growth rate of 276 per cent.

David Crawford, partner in Deloitte’s Belfast office, said: “It has been another strong year for the local technology sector and the strong showing by Northern Ireland firms shows the increasing strength and depth of the sector here.

"It is fantastic to see newcomers such as Tascomi and Seven Technologies join the list this year and also to see the likes of Novosco and First Derivatives still making the list after many years. We are excited to find out the final placings at the awards ceremony next month.”

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