Tiscali named Europe’s fastest-growing tech company

The full list of Europe’s 500 fastest-growing technology companies was announced during the 2003 Deloitte European Technology Fast 500 award ceremony for chief executives in the Natural History Museum, London.

Deloitte also released the 2003 Technology Fast 500 Europe Report — a comprehensive analysis of the business trends and background statistics of the winning companies, and a summary of the key concerns and expectations of sector CEOs.

The program covers public and private technology companies from 21 European countries, and is the most objective industry-ranking standard to focus on the technology sector. The awards are researched and sponsored by the Deloitte Technology, Media & Telecommunications (TMT) Industry Group.

The number one ranked company, with an average five-year revenue growth of 56.769 per cent, is all-round Internet service provider Tiscali SpA, headquartered in Italy.

The software sector increased dominance in the ranking from 36 per cent in 2002 to 42.4 per cent in 2003. The regions with the fastest growing companies are France with 171, the U.K. with 89 and Norway with 48 ranked companies.

All European Technology Fast 500 Winners achieved over 200 per cent growth average, compared to 100 per cent last year.

Revenues for the Fast 500 ranked companies as a whole grew by an average of 1,175 per cent, more than double last year’s growth rate of 528 per cent.

Would you recommend this article?


Thanks for taking the time to let us know what you think of this article!
We'd love to hear your opinion about this or any other story you read in our publication.

Jim Love, Chief Content Officer, IT World Canada

Featured Download

Featured Articles

Cybersecurity in 2024: Priorities and challenges for Canadian organizations 

By Derek Manky As predictions for 2024 point to the continued expansion...

Survey shows generative AI is a top priority for Canadian corporate leaders.

Leaders are devoting significant budget to generative AI for 2024 Canadian corporate...

Related Tech News

Tech Jobs

Our experienced team of journalists and bloggers bring you engaging in-depth interviews, videos and content targeted to IT professionals and line-of-business executives.

Tech Companies Hiring Right Now