Spearline among Ireland’s fastest growing tech companies in Deloitte Technology Fast 50 2020 Awards.

For the seventh consecutive year, Spearline is among the top half of the 50 fastest growing tech companies in Ireland.
On Tuesday 22 December 2020 by Caroline Leonard



 

Skibbereen, Cork, 22 December 2019 — Spearline today announced that for the seventh consecutive year, it is among the top half of the 50 fastest growing technology companies in Ireland. The tech company ranked in the 2020 Deloitte Technology Fast 50, a ranking of the 50 fastest growing technology companies in Ireland. Rankings 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 seventh  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 global coverage - and adapting our products. This is at the heart of what we do. Given the unforeseen impact of Covid-19, we took an early defensive position and prioritised supporting our existing customers by helping them with their communications needs. As we have monitored telecommunications trends emerging from lockdowns and work-from-home, we have brought some priorities to our product development teams, recognising that the communications habits we are now seeing are here for the long-term.”

The Deloitte Technology Fast 50 Awards is one of Ireland’s foremost technology award programmes. It is a ranking of the country's 50 fastest-growing technology companies based on revenue growth over the last four years, and this year marks 21 years of the programme celebrating innovation and entrepreneurship in Ireland’s indigenous technology sector.

Cumulatively, the 2020 Fast 50 winners generated approximately €3.3 billion in total annual revenues and employed over 4,600 people in 2019. The average revenue of companies featured in the ranking was approximately €90 million, while the average growth rate of the companies over the last four years was over 400%. Compared with last year, there are 13 new companies on the ranking.

Companies from across three provinces are featured in this year’s awards. 32 companies are Leinster-based, with 11 from Ulster and 8 from Munster*. Overall, 10 counties are represented in the 2020 listing.

Announcing the winners of the Deloitte Technology Fast 50 programme, David Shanahan, Partner, Deloitte said: “Every year at the Fast 50 Awards, we celebrate the incredible innovation and entrepreneurship displayed by Irish tech companies and the immense contribution they make to our economy. Irish tech companies have truly outdone themselves this year. It is inspiring to see the countless examples of companies who, over the last year, have demonstrated resilience, innovated, adapted and thrived in the face of uncertainty and new challenges. We’re delighted to be supporting and recognising these companies through the Fast 50 Technology Awards programme.  Over the last 21 years, the Fast 50 has become the benchmark of success for Irish tech companies.”


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

 

Notes to editor
 

* 51 companies are listed in the 2020 ranking, as Intellicom and TEKenable achieved the same growth rate and are jointly ranked at position 50.
 

For further information and/or to arrange interviews, please contact Caroline Leonard at caroline.leonard@spearline.com / +353(0)28 51460

 

About Spearline

Spearline is a technology company that proactively monitors toll and toll-free numbers for audio quality and connectivity globally. It is headquartered in Skibbereen, Co Cork, Ireland and has offices in Waterford (Ireland), Romania and India. The Spearline platform enables enterprises and telecommunications service providers to test connectivity and audio quality on global telecoms networks, testing automatically at volume. Spearline has conducted millions of test calls worldwide, resulting in billions of data-points. It has global network coverage and operates a 24 hours per day, 365 days per year support service for its international customers. 

 

About Deloitte

At Deloitte, we make an impact that matters for our clients, our people, our profession, and in the wider society by delivering the solutions and insights they need to address their most complex business challenges. As the largest global professional services and consulting network, with over 312,000 professionals in more than 150 countries, we bring world-class capabilities and high-quality services to our clients. In Ireland, Deloitte has approximately 3,000 people providing audit, tax, consulting, and financial advisory services to public and private clients spanning multiple industries. Our people have the leadership capabilities, experience and insight to collaborate with clients so they can move forward with confidence. In this press release references to Deloitte are references to Deloitte Ireland LLP. The information contained in this press release is correct at the time of going to press. Deloitte Ireland LLP is the Ireland affiliate of Deloitte NSE LLP, a member firm of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”). DTTL and each of its member firms are legally separate and independent entities. DTTL and Deloitte NSE LLP do not provide services to clients. Please see www.deloitte.com/about to learn more about our global network of member firms.