Deloitte checks out eShopWorld for second year running at Fast 50

Tommy Kelly, eShopWorld
Tommy Kelly, eShopWorld

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7 November 2016 | 0

Irish provider of localised e-commerce solutions eShopWorld has retained the top spot of the Deloitte Technology Fast 50.

The ranking of the 50 fastest growing technology companies in Ireland are based on average percentage revenue growth over four years, with eShopWorld recording turnover growth of 2,596% during this period.

Separately, eShopWorld was named winner in the Technology category at the 2016 Eir Elevation awards. Earlier this year the company won the vertical market market specialist of the year at the Tech Excellence Awards.

Commenting on the awards, eShopWorld CEO Tommy Kelly said: “It’s a great honour for eShopWorld to be recognised by its peers in the Irish technology industry in this way. We have grown rapidly since our establishment, and our people have been the central force in driving a culture of innovation and expansion. The result has been the development of an outstanding global ecommerce solution that allows some of the biggest brands in the world to power their international online sales.”

EShopWorld’s investment in research and development and internationalisation has enabled it to quadruple its revenues over the last year, and grow its customers’ international sales.

Its technology connects retailers with shoppers around the world through a fully localised checkout solution, giving shoppers the ability to browse and buy in the currency of their choice, track their order and make returns.

The top five was rounded out by Intellicom, Clavis Technology, Ozaroo Retail and Vizor.

Joan O’Connor, partner, Deloitte said: “We are delighted to be recognising these exceptional and innovative Irish companies. 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.

“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. For this reason, and due to the wealth of opportunity that presents itself, we expect developed and emerging markets to be increasingly important for Irish technology companies. The success that has been achieved to date by the indigenous technology sector leaves them well placed to capitalise on this momentum.”

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