Contigo claims place in UK Deloitte Technology Fast 50

24 October 2011

Energy trading software developer Contigo is celebrating, following its inclusion on one of the UK’s most highly regarded indexes of the country’s fastest growing technology companies.

The Birmingham-based company – which develops commodities trading software for the energy industry - has entered the prestigious UK Deloitte Technology Fast 50 list in 28th place, having generated a revenue growth of 1,019% over the last five years.

Jon Yeomans, Marketing Director, Contigo, said: “This has been a truly outstanding year for us, having been nominated in a number of business and technology awards, and now to be included in the UK Deloitte Fast 50.

“Our exceptional level of growth across the last five years is a clear indication that as a company we are continuing to provide cutting-edge, market-leading products that are bringing genuine, measurable benefit to our customers.

“This is an outstanding achievement and one that I and the rest of the team are incredibly proud of. To feature on the UK Deloitte Fast 50 is a firm demonstration that Contigo is on the right track and we are continuing to build on our present successes, while remaining firmly focused on the future of the commodities trading industries.”

A business is eligible to feature in the Technology Fast 50, now in its 15th year, as long as it has been active for a minimum of five years, operates in the technology sector, and has operating revenues of at least £34,000 in the first financial year of the five that are analysed.

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 2011 Deloitte Fast 50 shows that tremendous growth rates are still possible, with internet and software sectors showing particular strength and making up over half of the companies in the Fast 50 ranking.

“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.”

Alongside the prestige of being recognised for their achievements, companies that feature in the Deloitte Fast 50 entrants are qualified for entry into the Deloitte Technology Fast 500 EMEA (European, Middle East and Africa) programme.

An award ceremony to honour those companies that have been featured on the 2011 Fast 50 will take place at the Tower of London on 24 November.

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