The sacoin GmbH attributes its 7850 percent revenue growth to being an early adopter in the FTTH market with building up a lot of know how in the last five years. In this timeframe the sacoin GmbH built up a company for planning, building, integrating, and supporting FTTH networks, i.e., the sacoin GmbH is the only company with a complete integrated solution.
sacoin GmbH today announced that it ranked Number 8 on the Deloitte Technology Fast 500 EMEA 2011 and Number 1 in the sector Telecommunications/Networking; a ranking of the 500 fastest growing technology companies in EMEA. Rankings are based on percentage revenue growth over five years.
Sacoin GmbH grew 7850 percent during this period. sacoin is the first German company which is placed in the Top 10 in the Deloitte Technology Fast 500 EMEA.
sacoin's CEO, Ralf Pütz, credits highest efficiency and future technology with the company's 7850 % revenue growth over the past five years. He said: "We must always think about the needs of tomorrow. We were one of the early adopters of fibre to the home (FTTH) technology - despite the initial scepticism of the industry. In the meantime, our clients enjoy the speed of the most efficient and quickest online connection.
"Making the Deloitte Technology Fast 500 is commendable in today's highly competitive technology industry," said David Halstead, Deloitte United Kingdom, partner in charge of the Deloitte Technology Fast 500 EMEA program. "We congratulate sacoin GmbH on being one of the 500 fastest growing technology companies in the region."
"Being one of the 500 fastest growing technology companies in EMEA is an impressive accomplishment. We commend sacoin GmbH for making the Deloitte Technology 'Fast 500 EMEA with a phenomenal 7850 growth rate over five years," said David Halstead, Deloitte United Kingdom and partner in charge of the Deloitte Technology Fast 500 EMEA program.
In addition to ranking in the Deloitte Technology Fast 500, sacoin GmbH ranked number 1 in the German Deloitte Technology Fast 50, which is a ranking of the 50 fastest growing technology firms.
Deloitte Technology Fast 500 EMEA selection and qualifications
The Technology Fast 500 list is compiled from the Deloitte EMEA Technology Fast 50 programs, nominations submitted directly to the Technology Fast 500, and 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 must also be public or private companies headquartered in EMEA and must be a "technology company," 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 Deloitte Technology Fast 500 EMEA
The Deloitte Technology Fast 500 EMEA is the region's most objective industry-ranking standard to focus on the technology field and recognizes technology companies that have achieved the fastest rates of revenue growth in Europe, the Middle East and Africa 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 Taylor Wessing, a leading International law firm with a focus on the industries of tomorrow, and Fidelity Growth Partners Europe, a venture and growth capital investor which backs entrepreneur with aspiration for greatness in the IT and clean technology sectors across Europe.
About Deloitte
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its member firms.
Deloitte provides audit, tax, consulting, and financial advisory services to public and private clients spanning multiple industries. With a globally connected network of member firms in more than 140 countries, Deloitte brings world-class capabilities and deep local expertise to help clients succeed wherever they operate. Deloitte's approximately 170,000 professionals are committed to becoming the standard of excellence.
sacoin GmbH today announced that it ranked Number 8 on the Deloitte Technology Fast 500 EMEA 2011 and Number 1 in the sector Telecommunications/Networking; a ranking of the 500 fastest growing technology companies in EMEA. Rankings are based on percentage revenue growth over five years.
Sacoin GmbH grew 7850 percent during this period. sacoin is the first German company which is placed in the Top 10 in the Deloitte Technology Fast 500 EMEA.
sacoin's CEO, Ralf Pütz, credits highest efficiency and future technology with the company's 7850 % revenue growth over the past five years. He said: "We must always think about the needs of tomorrow. We were one of the early adopters of fibre to the home (FTTH) technology - despite the initial scepticism of the industry. In the meantime, our clients enjoy the speed of the most efficient and quickest online connection.
"Making the Deloitte Technology Fast 500 is commendable in today's highly competitive technology industry," said David Halstead, Deloitte United Kingdom, partner in charge of the Deloitte Technology Fast 500 EMEA program. "We congratulate sacoin GmbH on being one of the 500 fastest growing technology companies in the region."
"Being one of the 500 fastest growing technology companies in EMEA is an impressive accomplishment. We commend sacoin GmbH for making the Deloitte Technology 'Fast 500 EMEA with a phenomenal 7850 growth rate over five years," said David Halstead, Deloitte United Kingdom and partner in charge of the Deloitte Technology Fast 500 EMEA program.
In addition to ranking in the Deloitte Technology Fast 500, sacoin GmbH ranked number 1 in the German Deloitte Technology Fast 50, which is a ranking of the 50 fastest growing technology firms.
Deloitte Technology Fast 500 EMEA selection and qualifications
The Technology Fast 500 list is compiled from the Deloitte EMEA Technology Fast 50 programs, nominations submitted directly to the Technology Fast 500, and 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 must also be public or private companies headquartered in EMEA and must be a "technology company," 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 Deloitte Technology Fast 500 EMEA
The Deloitte Technology Fast 500 EMEA is the region's most objective industry-ranking standard to focus on the technology field and recognizes technology companies that have achieved the fastest rates of revenue growth in Europe, the Middle East and Africa 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 Taylor Wessing, a leading International law firm with a focus on the industries of tomorrow, and Fidelity Growth Partners Europe, a venture and growth capital investor which backs entrepreneur with aspiration for greatness in the IT and clean technology sectors across Europe.
About Deloitte
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its member firms.
Deloitte provides audit, tax, consulting, and financial advisory services to public and private clients spanning multiple industries. With a globally connected network of member firms in more than 140 countries, Deloitte brings world-class capabilities and deep local expertise to help clients succeed wherever they operate. Deloitte's approximately 170,000 professionals are committed to becoming the standard of excellence.
