CENTRAL TELECOM REACHES 28 ON DELOITTE MIDLANDS TECHNOLOGY FAST 50 LIST
Deloitte, the UK's fastest growing professional services firm, has unveiled its sixth annual ranking of the Midland's fastest growing technology companies. Central Telecom was placed 28th in the region's rankings.
Deloitte created the Technology Fast 50 to reach out to UK technology companies and champion innovation in the sector. The programme tracks the growth rats of technology companies in seven regions in the UK and Ireland, culminating in a national ranking in December 2003. This year's event is sponsored locally by UK law firm, Pinsents, and nationally by Hewlett-Packard, the global provider of technology products and services; SCC, part of Europe's largest privately-owned technology group; and the London Stock Exchange.
The Technology Fast 50 programme seeks out those companies that have shown impressive growth rates in the telecommunications, hardware, software and biotechnology markets over a three year period. This year's programme considered growth between 200 and 2002. All companies considered for the award must be headquartered in the Midlands region, must be technology-intensive or use unique technology in problem solving, or must devote a high percentage of effort to research and development.
Chris Robertson, Technology, Media and Telecoms partner for Deloitte in the Midlands, said:' The Fast 50 programme has always been a reliable indicator of whether British innovation is leading to more growth and wealth creation. These companies have demonstrated how to survive and thrive in today's market by helping their customers reduce their costs and improve their performance. We are delighted that our sponsors have joined us in encouraging fast-growing companies to showcase their businesses and to contribute to the next wave of innovation in the UK's technology sector.'
Andrew Hornigold, Corporate Partner at Pinsents and Head of the firm's Technology Chosen Market, said: 'We would like to congratulate this year's winners and applaud their achievements. Despite challenging trading conditions over the last 12 months they have shown tremendous revenue growth and performance. Their remarkable tenacity, innovation and dedication is an inspiration to all and proves that Midlands companies continue to offer cutting-edge solutions to their clients world-wide.'
