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London: ServerSpace yesterday announced that it ranked number 10 in the 2012 Deloitte Technology Fast 50, a ranking of the 50 fastest-growing technology companies in the UK. Rankings are based on percentage revenue growth over five years. ServerSpace grew 1597.9% per cent during this period.

 

ServerSpace’ managing director, Tim Pat Dufficy, comments: “This ranking marks a very successful few years for us. To be recognised in such a well-known and prestigious award programme just six years after setting up the company is a testament to all our hard work. We look forward to expanding our reach across the UK, and helping businesses to stay on top of their game with our high-quality, cost-effective hosting and connectivity services.

David Halstead, Partner leading the Deloitte Technology Fast 50, said: “The Deloitte Technology Fast 50 gives great profile to technology companies and is internationally recognised as being one of the most important business awards in the sector”

“The 2012 Deloitte Fast 50 shows that tremendous growth rates are still possible, with software sectors showing particular strength, they have had the greatest amount of entries in the past five years.”

“The Technology Fast 50 awards are an opportunity for businesses to gain recognition for their successes and achievements over the last five years. This year’s ranking highlights the importance of finding a niche product or service to beat the recession.

“The awards are an opportunity for businesses to gain recognition for their successes and achievements. This year’s ranking highlights the importance of being innovative and finding a niche product or service, to beat the recession.”

Analysis for London based companies

This year’s Deloitte Technology Fast 50 highlights the dominance of London, with six of the top ten companies coming from the capital. Overall, technology companies from London make up 42% of the ranking and 79% of the revenue* for the winning 50 was generated by companies from London.

“The increased focus on the Silicon Roundabout area from the Government, the media and larger technology companies has helped to drive confidence in the area as a credible European hub for the industry.”