Deloitte recognizes the fastest-growing tech companies in Germany
Last week, the Deloitte management consultancy firm held the prize-giving ceremony for the winners of this year's Technology Fast 50 competition, chaired by media partner Capital. With growth at 225 percent, Implico GmbH ranked 47th among the fastest-growing technology businesses in Germany.
This is the seventh occasion on which Deloitte has held its Technology Fast 50 awards. The criterion for placement is the cumulated percentage sales growth rate for the last five years. The average cumulated growth rate for this year's Fast 50 companies was 937 percent.
Of the 50 companies receiving the award, Implico is one of the longest in the business, with a 25-year company history. In comparison: the Fast 50 front runners have been on the market since
1. posterXXL AG (2004)
2. Gameforge AG (2003)
3. Bigpoint GmbH (2002)
"The growth rates for technology companies show that the industry is using innovation to open up new markets," comments Dieter Schlereth, Partner and Head of Technology, Media and Telecommunications at Deloitte. "Nor is industry potential anywhere near exhausted – highly promising candidates include electronic games, games for mobile devices and internet-based software solutions."
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