E-COMMERCE software company xSellco secured the top spot in Ireland’s best known technology growth index the Deloitte Technology Fast 50.
The Dublin company, which achieved second spot in 2017, went one better this time with a growth rate of 2874 per cent over the last four years.
The awards, now in their 19th year, rank the fastest growing technology companies on the island of Ireland and recognise indigenous technology companies that have demonstrated exceptional growth in turnover in the last four years.
Belfast-based software development company Repstor was the top ranked Northern Irish company in 10th place, one of 13 companies from the north to make the list this year.
Other Northern Ireland firms to feature on the 2018 list (www.fast50.ie) were AquaQ Analytics, Decision Time, Export Technologies, First Derivatives, Flint Studios, Learning Pool, Lucid Interactive, Made to Engage, Neueda, Ozaroo, Tascomi and The Web Bureau.
Cumulatively, the 2018 Fast 50 winners generated approximately €2.5 billion in total annual revenues in 2017. The average revenue of companies featured in the ranking was approximately €50 million.
Deloitte NI partner Peter Allen said: “It is encouraging to see 13 Northern Ireland-based companies featured on the list. All have been on the Fast 50 before, which suggests they have enjoyed sustained growth over a number of years.
“We know these companies are operating in an uncertain international marketplace, yet they are prospering against this backdrop. In fact, it was evident this year that the vast majority of revenues for the ranking companies are coming from export markets.”
