Latest news with #JamesToomey
RTÉ News
21-05-2025
- Business
- RTÉ News
20 Irish firms ranked in Deloitte EMEA Technology Fast 500 list
20 tech 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. Two tech companies across the island have ranked in the top 50 - Wayflyer and Fibrus. Four ranked in the top 100, including Tines and Buymedia. Deloitte 2024 Fast 50 winner, Wayflyer, placed 43 in the rankings and achieved a revenue growth rate of 3,169%. The company offers financing to ecommerce companies to help them fund advertising and their inventories. Fibrus, a broadband provider, ranked 48 and achieved a revenue growth of 3,009%. This company also ranked second on Deloitte's 2024 Fast 50 list. Tines ranked 55 with revenue growth of 2,786%, while Buymedia ranked 73 with revenue growth of 2,208%. The average growth rate across all 500 ranked companies is 1,585%. 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%. Fast 50 Lead and Deloitte partner, James Toomey, said the Deloitte EMEA Technology Fast 500 highlights the strength of Ireland's domestic tech sector and the extraordinary abilities of the country's entrepreneurs. "Even when benchmarked against the fastest growing tech companies from across a wide geographical sphere, Ireland has still got 20 companies in this list," he said.
Irish Independent
21-05-2025
- Business
- Irish Independent
Twenty Irish tech firms in top 500 for revenue growth, Deloitte finds
Start-up finance firm Wayflyer and broadband rollout company Fibrus are the highest-ranked Irish entries, with security start-up Tines and ad-tech firm Buymedia close behind. The Emea Technology Fast 500 ranking is based on percentage revenue growth over four years, using data submitted directly by companies and verified by Deloitte. According to this criteria, Wayflyer registered revenue growth rate of 3,169pc, with Tines growing by 3,009pc. This placed Wayflyer in 43rd position across Emea. Fibrus is ranked 48th with Tines and Buymedia in 55th and 73rd places, respectively. Other Irish companies to make the top 500 include decarbonisation start-up Catagen (151st with 1,101pc growth), customer communications firm Mail Metrics (155th with 1,080pc growth) and AI company Sydney (161st with 1,065pc growth). 'The Deloitte Emea Technology Fast 500 highlights the strength of Ireland's domestic tech sector and the extraordinary abilities of our entrepreneurs,' Deloitte partner James Toomey said. 'Even when benchmarked against the fastest-growing tech companies from across a wide geographical sphere, Ireland, a small island of around five million people, has still got 20 companies in this list. 'We marked the 25th anniversary of Fast 50 in 2024 and it reminded me how intertwined the story of modern Ireland and technology is. The future for domestic tech growth in Ireland is bright and we must continue to support these companies to grow domestic direct investment.' Thirteen of the 20 Irish tech firms to make the list ranked between 200 and 500. They are: Halo Technologies Europe (206th, 886pc growth); Clear Strategy (210th, 880pc growth); (228th, 821pc growth); EdgeTier (281st, 670pc growth); Circit (302nd, 621pc growth); Grid Finance (308th, 614pc growth); Ekco (357th, 517pc growth); Swoop Funding (361st, 506pc growth); CR Payroll Solutions (364th, 501pc growth); Core Optimistion (410th, 440pc growth); Locate a Locum (420th, 434pc growth); Kneat (469th, 383pc growth); and Barclay Digital Services (474th, 380pc growth).
