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Tag: Deloitte EMEA Technology Fast 500

  • Tremend enters again in Deloitte Technology Fast 500 EMEA ranking

    Tremend enters again in Deloitte Technology Fast 500 EMEA ranking

    With a 336% turnover increase between 2015 – 2018, Tremend holds the highest position among Romanian companies included in this year’s edition.

    Ranked 342nd, Tremend is consolidating its position among the top technology players in the region and is featured, for the third time, in the ranking of the most dynamic 500 technology companies with the highest revenue growth.

    Previously, the organization was included, twice in a row, in the Deloitte Technology Fast 50 CE ranking of the fastest-growing companies in Central Europe.

    Also, earlier this year, Tremend was also featured in FT 1000 ranking of the fastest-growing companies in Europe, compiled by Financial Times and Statista.

    Tremend reached over 400 software engineers

    The company has seen an accelerated and sustainable development of its team in recent years, currently reaching over 400 software engineers and a portfolio of over 700 large-scale projects for clients in 20 countries on 4 continents.

    The upward trend was maintained in 2019 when Tremend recorded a turnover of €15.1 million, an evolution of approximately 55% compared to 2018.

    This year’s Deloitte Technology Fast 500 EMEA ranking includes companies from 22 countries, from industries such as Fintech, Software, Hardware, Media and Entertainment, Healthcare and Life Sciences, Communications, or Environmental Technology, which recorded an average growth rate of 1258% in 2019, compared to 969% in 2018.

    The winners were selected according to the increase of revenues registered in the fiscal years between 2015-2018. The recent edition features four Romanian companies specialized in software and fintech solutions.

  • Revolut is the fastest growing technology company in EMEA

    Revolut is the fastest growing technology company in EMEA

    Revolut is the fastest growing technology company in Europe, the Middle East, and Africa, according to the latest Deloitte EMEA Technology Fast 500 competition.

    The ranking also includes the Romanian companies Tremend, Piconet, Trencadis and Qualitance, active in fields such as software and fintech, all of them previously recognized by Deloitte’s competition dedicated to technology players with the fastest revenue growth in Central Europe, Technology Fast 50.

    “We’re delighted to top the ranking. 12 million people now use Revolut to manage and improve their finances, and our growth reinforces the point that people are looking for alternative ways to manage their money,” said Nik Storonsky, Founder and CEO of Revolut.

    The winners of the EMEA Fast 500 edition were selected based on percentage fiscal-year revenue growth from 2015 to 2018, which placed Revolut, the UK-based fintech company founded in 2015, on the leading position, with a 39,754% median revenue growth.

    The competition features winners from 22 countries, with an average growth rate of 1,258% in 2019.

    Among the Romanian companies included in the top, Tremend had a 336% average revenue growth, followed by Piconet (209%), Trencadis (167%) and Qualitance (162%).

    The Deloitte EMEA Technology Fast 500 program automatically includes companies that have been previously recognized by the Deloitte CE Fast 50 ranking, for which applications are now open.

    In order to qualify for Fast 50, companies need to have a minimum €50,000 annual operating revenue in the first three years (2016-2018) and at least €100,000 in 2019, be headquartered in Central Europe and own proprietary intellectual property or proprietary technology.