Dublin, Ireland, 24th October 2011 — Creme today announced that it ranked number 9 in the 2011 Deloitte Technology Fast 50, a ranking of the 50 fastest growing technology companies in Ireland. Rankings are based on average percentage revenue growth over five years. Creme grew 709 percent during this period.
Creme’s CEO, Cronan McNamara, credits Creme’s excellent team and advanced technology with the company’s 709% revenue growth over the past five years. He said, “We are absolutely delighted to receive this award. I would like to thank Deloitte for this award, and for continuing to support this great event. Special thanks must go to our customers, who continue to put their faith in Creme; and to the Creme team who work tirelessly on their behalf. This award is a great recognition of all of the hard work over the past five years.”
The Fast 50 programme, now in its twelfth year in Ireland, ranks the fastest-growing technology companies in the Republic of Ireland and Northern Ireland. This year, there are 14 companies from Northern Ireland in the ranking. The average growth rate of the Fast 50 companies named in this year’s ranking is 674%.
Announcing the winners of the Technology Fast 50 programme, David O’Flanagan, Partner, Deloitte said: “Looking at the list of Deloitte Fast 50 winners in 2011, it becomes clear that we are witnessing the second wave of Irish technology companies starting to mature. In 2001, companies such as Conduit, Horizon Technologies and Iona were riding high as Fast 50 winners; ten years on and there are new kids on the block who mirror their predecessors in having great ideas and understand that to grow they have to go global.”
The awards took place in the Dublin Convention Centre on Friday 21st October. Industry figures speaking at the event included Maurice Mortell, Managing Director, Telecity Group Plc (former CEO Data Electronics) and Regina Moran, CEO, Fujitsu. Sponsors of the event were William Fry and Tughans.
Details of the Deloitte Technology Fast 50 ranking list are available to download at www.fast50.ie.