Spearline among Ireland’s fastest growing tech companies in Deloitte Technology Fast 50 2019

For the sixth year, Spearline is among the top half of the 50 fastest growing technology companies in Ireland.
On Thursday 07 November 2019 by Orla Clancy

At the Deloitte Technology Fast 50 2019 Awards were (L-R) Ronan Murray, Partner, Deloitte; Caroline O'Driscoll, Partner, Deloitte; David Limrick, CFO, Spearline; and Colman McCaffrey, COO, Spearline.

 

PRESS RELEASE

Spearline today announced that for the sixth consecutive year it is among the top half of the 50 fastest growing technology companies in Ireland.  The tech company ranked in the 2019 Deloitte Technology Fast 50, which are based on average percentage revenue growth over four years. 

 

Speaking about the company’s growth, Kevin Buckley, Co-Founder and CEO at Spearline said: “To be one of the fastest growing tech companies in Ireland for the sixth year in a row is testament to our products, people, customers and innovation.  We respond to customers internationally by growing our company - our team and coverage in (currently) 68 countries - and adapting our products. This is at the heart of what we do.”

 

The Deloitte Technology Fast 50 Awards is one of Ireland’s foremost technology award programmes.  This year marks 20 years of the programme celebrating innovation and entrepreneurship in Ireland’s indigenous technology sector. 

 

Cumulatively, the 2019 Fast 50 winners generated approximately €3.6 billion in total annual revenues in 2018.  The average revenue of companies featured in the ranking was approximately €70 million, while the average growth rate of the companies over the last four years was 347%.  There are 18 new companies on the ranking. 

 

All four provinces are featured in this year’s awards.  28 of the winners are Leinster-based, 13 are based in Ulster, followed by Munster with 8 companies, and Connacht with 2 companies.* Overall, 14 counties are represented in the 2019 listing.

 

Announcing the winners of the Deloitte Technology Fast 50 programme, David Shanahan, Partner, Deloitte, said: “Since 2000, the awards have showcased an innovative and diverse range of Irish technology companies, and this year is certainly no different.  Over this time, we have seen Irish technology companies capitalise on the opportunities that came from technology deregulation, the emergence of an international financial services sector here, and the growth of e-learning and virtualisation technologies, to name a few.  We’re delighted to be supporting these companies and recognising them with these awards. Over the last 20 years, the Fast 50 has become the benchmark of success for Irish tech companies.” 

 

The Deloitte Technology Fast 50 Awards took place in Dublin on 25 October 2019. Keynote speaker on the night was Mark Casey, Global Leader of Telecoms, Media & Entertainment at Deloitte. 

 

Details of the full Deloitte Technology Fast 50 ranking list are available to download at www.fast50.ie.

 

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Notes to editors:

 

*51 companies are listed in the 2019 ranking, as ChannelSight and Flint Studios achieved the same growth rate and are jointly ranked at position 49.

 

Spearline PR Contact: Orla Clancy: orla.clancy@spearline.com / +353(0)87 938 8882.