British businesses figure highly in Deloitte 2013 Technology Fast 500

The UK has finished second behind France in Deloitte's 2013 Technology Fast 500 of fastest-growing tech companies in Europe.

As part of its efforts to rank the fastest-growing public and private technology, media, telecommunications, life sciences and clean technology companies in Europe, professional services firm Deloitte has revealed an overall average revenue growth rate of 1,403 per cent for the top 500.

UK-based media and entertainment business Infectious Media has been ranked in the top ten after posting five-year revenue growth of 9,774 per cent (see table below).

Top 10 ranked companies
  Company Country Five-year revenue growth Sector
1 Ymagis France 59,096% Media/entertainment
2 MyThings Israel 23,205% Internet
3 Ayden Netherlands 14,284% Software
4 Beepsend Sweden 12,407% Telecoms/networking
5 Trusteer Isrel 11,240% Software
6 Infectious Media UK 9,774% Media/entertainment
7 Talentsoft France 9,457% Software
8 Turkey 9,444% Telecoms/networking
9 Vector Turkey 9,188% Telecoms/networking
10 MyHeritage Israel 9,041% Internet


Of the 500 companies in the ranking, the UK contributed 71 – down from the 74 included in 2012 and 86 in 2011.

French digital cinema business YMagis was awarded top spot having achieved a growth rate of 59,096 per cent through its efforts in transitioning 35mm film to a more ‘efficient digital solution’.

Top 10 represented countries
  Country # of 2013 winning submissions # of 2012 winning submissions # of 2011 winning submissions
1 France 86 90 93
2 UK 71 74 86
3 Netherlands 52 46 53
4 Sweden 50 55 54
5 Norway 41 52 48
6 Turkey 30 29 27
7 Germany 28 24 23
8 Finland 27 27 23
9 Israel 20 14 18
10 Poland 17 21 15


According to Deloitte, the software sector represented 43 per cent of the overall rankings, with the next biggest contributor being the internet sector with 22 per cent.

More on Deloitte research:

Jean Mizrahi, CEO of winning company YMagis, says, ‘Our success is the result of getting a balance right between caution and audacity, while building an environment where our people feel empowered to propose new ideas. We are excited by the opportunities that lie ahead.

Other British companies to make it into the top 50 include software company Avecto (23rd, 4,731 per cent revenue growth), internet business AlertMe (39th, 3,393 per cent) and telecoms/networking venture Mobile Account Solutions (41st, 3,332 per cent).

Martin Kelly, CEO and co-founder of Infectious Media, comments, ‘We’re very excited to be in programmatic media trading, this industry has exploded recently, something that has been key to our growth.’

Infections Media, which has offices in London, Paris and Hamburg, has produced a real-time advertising technology which enables the buying of traded media across display, video, mobile and social networks.

See also:

Hunter Ruthven

Hunter Ruthven

Hunter was the Editor for from 2012 to 2014, before moving on to Caspian Media Ltd to be Editor of Real Business.

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