Inhance Technology comes first in Deloitte Fast 50
10 November 2014 | 0
Cork-based Inhance Technology took the top spot at the 2014 Deloitte Technology Fast 50 awards held last Friday (7 November) in Dublin. The company achieved a growth rate of 1,481% over the last five years, making it the fastest growing technology company on the island of Ireland. It had ranked fourth in last year’s list.
Inhance Technology has developed an all-in-one solution that supports the customer experience throughout the complete lifecycle of their smartphones and tablets, making them more secure, healthier, and easier to support.
Ding* (formerly ezetop) achieved second place with a growth rate of over 1,000% in the last five years. The company, which enables people living or working abroad to instantly top up mobile phones of friends and family back home, had taken top spot in the ranking in both 2013 and 2012.
Third place went to Impedans with a growth rate of 884%. The company specialises in the delivery of high-performance and high-resolution plasma diagnostics solutions to customers in research and industry.
Thirteen companies from Northern Ireland achieved a spot on the winners’ listing. Belfast-based Novosco, a provider of cloud technologies, managed service and consulting services, was singled out for special recognition on the night, having achieved a ranking in all 15 years that the programme has been in operation in Ireland.
Two companies were awarded Rising Star awards. This category recognises younger companies with the fastest growth in turnover over the past three years. News website TheJournal.ie was the Republic of Ireland’s winner in this category. CM Direct, a technologically intensive company offering complete brand and product solutions, was Northern Ireland’s representative.
There was a total of 11 newcomers to the Fast 50 this year: 10 from the Republic of Ireland (Voxpro, Spearline Labs, AspiraCon, IIS, Action Point Technology, Nostra, Monex Financial Services, Welltel, Data Solutions and Openmind Networks, and one from Northern Ireland (Team Solutionz).
In recognition of the importance the multinational sector also contributes to the overall industry, Barry O’Leary and Frank Ryan were presented with special awards to acknowledge the contribution they have made to both sectors of the industry through their work with the IDA and Enterprise Ireland respectively.