LDeX Group ranked the 189th fastest growing technology company in the Deloitte Technology Fast 500 EMEA 2014
London, United Kingdom, 2nd December 2014: Today, LDeX Group announced that it ranked number 189th on the Deloitte Technology Fast 500 EMEA 2014, a ranking of the 500 fastest growing technology companies in Europe, the Middle East and Africa. Rankings are based on percentage revenue growth over five years.
LDeX Group grew 897% percent during this period.
LDeX Group’s CEO, Rob Garbutt, credits 897% percent revenue growth over the past five years to its focus on providing best in class customer service as well as the team’s commitment to operational excellence.
Commenting on the news, Rob Garbutt said, “We are very proud to be recognised as the 189th fastest growing technology company in EMEA. As an expanding datacentre operator, our growth has come as a result of our acute focus on providing best in class customer service as well as the team’s commitment to operational excellence.”
David Halstead, Deloitte UK and partner in charge of the Deloitte Technology Fast 500 EMEA programme added “Achieving such a high sustained revenue growth of 897% over five years is a tremendous achievement. It is a delight to honour LDeX Group for this by naming them in the Deloitte Technology Fast 500” In addition to ranking in the Deloitte Technology Fast 500, LDeX Group ranked 31st in the UK Deloitte Technology Fast 50, which is a ranking of the 50 fastest growing technology firms in the United Kingdom.
Deloitte Technology Fast 500 EMEA selection and qualifications 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.
About LDeX Group LDeX Group provides carrier neutral London colocation and data centre facilities within the M25 and in close proximity to Central London. LDeX own, operate and manage their facilities, providing London colocation services to a range of industry sectors to protect the availability of data, applications, ecommerce and online presence. For more information please visit: www.ldexgroup.co.uk
Press Contact: LDeX Group Ltd: Anne-Marie Lavelle (Group Marketing Manager), [email protected], +44(0) 207 183 3960
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.
About Deloitte 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.