Tom Keighley

Deloitte look for top 50 tech businesses

Deloitte is looking for entries for its UK Technology Fast 50 awards, that recognise and rank technology companies with an exceptional growth in turnover, over the last five years.

The awards are now in their 15th year, and aim to champion positive business stories in the UK technology sector.

David Taylor, Technology, Media and Telecommunications director at Deloitte in the North East, said: “We have seen 700 UK Fast 50 award winners in all areas of technology, from computers to life sciences, digital media to biotech and semiconductors. Previous winners have included some of the most dynamic and iconic UK technology companies, including Booking.com, Lastminute.com and LoveFilm.

“There is a positive outlook for the UKtechnology industry and we believe that tremendous growth rates are still possible. This has been an important year for the UK technology sector with the continued development of technology hubs.

“Last year’s UK Fast 50 saw an average growth rate of an incredible 2820 per cent, a fifth (21%) higher than 2010 (2321%), and we are confident that we will see this trend continue for 2012.”

The UK Fast 50 is sponsored by international law firm Taylor Wessing, and Graham Hann, technology partner at the firm, said: “This is the third year we’ve supported the programme and we’re excited to be involved as it reflects our long standing focus on the technology rapid growth sector, and working with a number of the UK Fast 50 companies from previous years.

“It’s great to celebrate this kind of growth in any market but to be doing so in the current climate, with the limited access to capital, as well as tough enterprise and consumer market conditions, is doubly so and we look forward to the results.”

Companies that are interested in entering the awards, can find further information on the Deloitte Fast 50 site.

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