Deloitte reveals 50 Irish companies with best growth

7 Nov 2016229 Shares

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Pictured from left: Brendan Jennings, managing partner at Deloitte; Tommy Kelly, CEO of eShopWorld; and Joan O’Connor, partner at Deloitte. Image: Jason Clarke Photography.

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Deloitte’s ‘Fast 50’ ranking has revealed eShopWorld, for the second year running, as Ireland’s fastest-growing company.

A ranking of technology companies and their growth in the past four years, Deloitte’s Fast 50 has once again found eShopWorld to be top dog.

Establishing a growth rate of 2596pc during the time frame, eShopWorld was almost ten times the average growth rate of 270pc, with around €1.6bn in total revenues for the top 50 last year.

eShopWorld

The awards, which are in their 17th year in Ireland, recognise the contribution of indigenous companies to the overall technology sector in Ireland, and indeed the overall economy.

The majority of the companies featured in the rankings work in the software industry, with manufacturing and communications making up around 40pc of the total.

eShopWorld operates in e-commerce and logistics management, providing a service that gives online retailers “control over the end-to-end customer journey”.

Tommy Kelly, CEO of eShopWorld, called the award a “great honour”, noting rapid expansion since the company’s creation.

“The result has been the development of an outstanding global e-commerce solution that allows some of the biggest brands in the world to power their international online sales,” he said.

“All the team can be extremely proud of these awards, which are recognition of their efforts in recent years.”

Lulu O’Sullivan, CEO of TheIrishStore.com and GiftsDirect.com, won Deloitte’s leading female award.

(From left) Anne Sheehan of Vodafone with winner of the Leading Female award Lulu O’Sullivan, CEO, TheIrishStore.com, GiftsDirect.com and Joan O'Connor partner at Deloitte. Image: Jason Clarke Photography.

From left: Anne Sheehan, enterprise director at Vodafone; Lulu O’Sullivan, CEO of TheIrishStore.com and GiftsDirect.com; and Joan O’Connor, partner at Deloitte. Image: Jason Clarke Photography

Joan O’Connor, a partner at Deloitte, said she was “delighted” to recognise the companies and people behind them, during a particularly uncertain time in business.

“Their contribution to the technology sector is critical to the success of the industry overall in Ireland, and it is clear from the turnover derived from exports that they are having considerable success in global markets also,” she said.

“This ambition is hugely encouraging to see and will be increasingly important in a post-Brexit marketplace, where pressure on margins may necessitate diversification into other markets.”

The full rankings:

Ranking

Company Name

County

1

eShopWorld

Dublin

2

Intellicom Ireland

Dublin

3

Clavis Technology Limited

Dublin

4

Ozaroo Retail

Antrim

5

Vizor Ltd

Dublin

6

Wolfgang Digital Ltd

Dublin

7

Teamwork.com

Cork

8

Spearline Labs Ltd

Cork

9

Action Point

Limerick

10

Agile Networks

Dublin

11

Tickets.ie

Dublin

12

Eblana Photonics Ltd

Dublin

12

P2V Systems

Antrim

13

Flint Studios

Antrim

14

Aspira

Cork

15

Simply Sun Ltd. T/A ClickandGo.com

Dublin

16

Granite Digital

Cork

17

Nostra

Dublin

18

AccountsIQ

Dublin

19

Asystec

Limerick

20

Roomex.com

Dublin

21

CarTrawler

Dublin

22

Welltel

Dublin

23

Sales-Promotions

Kilkenny

24

Phorest (Ndevor Systems Ltd)

Dublin

25

Camara Education

Dublin

26

The IrishStore.com & Giftsdirect.com

Dublin

27

EssentialSkillz

Galway

28

The Web Bureau

Antrim

29

Arkphire – Bootstrap

Dublin

30

Topfloor Systems Ltd

Dublin

31

ITQuotes

Dublin

32

Milner Browne (Ireland) Limited

Dublin

33

Leaf

Antrim

34

Neueda Consulting

Antrim

35

Medical Accounts Services Limited

Dublin

36

Ocuco

Dublin

37

Creme Global

Dublin

38

Integrity360

Dublin

39

Learning Pool Limited

Derry

40

Seopa Ltd

Antrim

41

Ammeon

Dublin

42

Emydex Technology

Dublin

43

Tascomi

Down

44

Novosco Ltd.

Antrim

45

Zinopy Limited

Dublin

46

Openmind Networks

Dublin

47

TransferMate Global Payments

Kilkenny

48

Data Solutions

Dublin

49

Seven Technologies Holdings Limited

Antrim

50

Blueface Ltd

Dublin

Gordon Hunt is senior communications and context executive at NDRC. He previously worked as a journalist with Silicon Republic.

editorial@siliconrepublic.com