TestPlant featured in the Deloitte Technology Fast 500 EMEA 2014
- Posted by JB Brockman
- On November 28, 2014
- 0 Comments
Outstanding 1010% per cent revenue growth ranks software testing firm as the one of the fastest growing technology companies in the EMEA region
London, UK – November 28, 2014 – TestPlant, the maker of the eggPlant range of software quality tools, today announced that it ranks number 160 on the Deloitte Technology Fast 500 EMEA 2014, a ranking of the 500 fastest-growing technology companies in the EMEA. Rankings are based on percentage revenue growth over the last five years. TestPlant’s revenues grew 1010 per cent during this period.
“Following our recent appearance on the Fast 50 as the 23rd fastest growing technology company in the UK, we are delighted to now be recognised as one of the fastest growing companies across the EMEA region,” said George Mackintosh, CEO, TestPlant. “We are a global company targeting markets all over the world and it’s exciting to see that our performance is putting us in the mix with some of the most exciting companies across Europe and beyond.”
“Securing a position in the Deloitte Technology Fast 500 is an impressive feat, especially in the highly competitive and rapidly changing environment of the technology industry,” said David Halstead, Deloitte UK and partner in charge of the Deloitte Technology Fast 500 EMEA programme. “We congratulate TestPlant on being among the most dynamic and successful technology companies in the region.”
In addition to ranking in the Deloitte Technology Fast 500, TestPlant ranked 23 in the UK Deloitte Technology Fast 50, which is a ranking of the 50 fastest growing technology firms in the United Kingdom.
The Technology Fast 500 list is compiled by the Deloitte EMEA Technology Fast 50 programme, nominations submitted directly to the Technology Fast 500, as well as public company database research. To qualify for the Technology Fast 500, entrants must have had base-year operating revenues of at least €50,000 and current-year operating revenues of at least €800,000.
Entrants may be either public or private companies but must be a ‘technology company’, headquartered in EMEA. A ‘technology company’ is defined as a company that develops or owns proprietary technology that contributes to a significant portion of the company’s operating revenues, or manufactures a technology-related product, or devotes a high percentage of effort to the research and development of technology. Using other companies’ technology in a unique way does not qualify.
TestPlant is an international software business based in London. It has development centers in the USA and the UK with sales and support centers in the USA, the UK and Asia as well as an extensive network of business partners. TestPlant’s products are used in over 30 countries by well over 300 enterprise customers in sectors which include Financial Services, Automotive, Healthcare and Life Sciences, Media and Entertainment, Retail and Defense and Aerospace. The eggPlant range is a set of software quality tools which supports the design, development, test and management of software applications for mainframe, desktop and mobile use in any technology platform environment. The tools are relevant in agile, mobile, web and DevOps deployments. eggPlant use improves and reports on the quality and responsiveness of software systems, reduces time to market and lowers costs by introducing process automation. eggPlant tools have been granted patents with several applications pending. The company’s achievements have been recognised within the software industry and by the venture capital community. TestPlant is also a Red Herring Global Top 100 company and was awarded a Queen’s Award for Enterprise in 2013. www.testplant.com
About Deloitte Technology Fast 500™ EMEA
The Deloitte Technology Fast 500 EMEA programme is the region’s most objective industry-ranking to focus on the technology field, recognising technology companies that have achieved the fastest rates of revenue growth in Europe, the Middle East, and Africa (EMEA) during the past five years. Combining technological innovation, entrepreneurship and rapid growth, Fast 500 companies – large, small, public and private – span a variety of industry sectors, and are leaders in hardware, software, telecom, semiconductors, internet, media, life sciences and emerging areas, such as clean technology.
The programme is supported by the Deloitte Technology Fast 50 initiatives, which rank high growth technology companies by location or specifically defined geographic area and is run by the Deloitte Touche Tohmatsu Limited’s Technology, Media & Telecommunications (TMT) global industry group. Co-sponsors include Fidelity Growth Partners Europe, a venture and growth capital investor which backs entrepreneurs with aspiration for greatness in the IT and clean technology sectors across Europe, Silicon Valley Bank, the premier bank for technology, life science, private equity and premium wine businesses and Taylor Wessing, a leading International law firm with a focus on the industries of tomorrow. More information on the programme and prior year winners is available on www.deloitte.com/fast500emea.
In this press release references to Deloitte are references to Deloitte LLP, which is among the country’s leading professional services firms.
Deloitte LLP is the United Kingdom member firm of Deloitte Touche Tohmatsu Limited (“DTTL”), a UK private company limited by guarantee, whose member firms are legally separate and independent entities. Please see www.deloitte.co.uk/about for a detailed description of the legal structure of DTTL and its member firms.
The information contained in this press release is correct at the time of going to press.
Tel: +44 772 497 4255