Press Release – Dublin, Ireland, 1st December 2023
TestReach Takes Place Among Deloitte’s Technology Fast 50 Companies 2023
Dublin, 1st December, 2023 — TestReach today announced that it has again been placed in the 2023 Deloitte Technology Fast 50 Awards, a ranking of the 50 fastest growing technology companies in Ireland. Rankings are based on average percentage revenue growth over four years.
Louella Morton, co-CEO, credits the TestReach team’s commitment to customer service with the company’s growth over the past four years. Louella said "I am thrilled to witness TestReach once again securing a position among the top 50 fastest-growing companies, a truly exhilarating achievement. This success can be attributed to the remarkable energy and determination displayed by our team, who are wholeheartedly committed to delivering an outstanding experience for our clients and exam candidates on our platform.”
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 a four-year period, and this year marks 24 years of the programme celebrating innovation and entrepreneurship in Ireland’s indigenous technology sector.
Cumulatively, the 2023 Fast 50 winners generated over €3 billion in total annual revenues and now employ over 8,800 people. The average revenue of companies featured in the ranking was approximately €10 million, while the average growth rate of the companies over the last four years was 721%. The awards programme also saw 15 new entrants appearing on the ranking for the first time. The companies ranked identified finding, hiring and retaining top talent and international expansion as two of the biggest challenges they face trying to grow their company.
Announcing the winners of the Deloitte Technology Fast 50 programme, James Toomey, Partner and Fast 50 lead, Deloitte said: “Congratulations to all the companies that ranked this year. The Fast 50 awards are an important and exciting moment for Ireland’s indigenous tech industry to reflect on the growth and challenges they have experienced over the past year. Even though this has been a difficult year for tech companies, there are encouraging indicators in these rankings that show the strength of Ireland’s indigenous sector and that our homegrown talent continues to play an important role in building the future of technology. Supporting this ecosystem is not just an investment in innovation, it’s an investment in our collective progress, and networks like Fast 50 are an ideal opportunity to connect and learn from other companies.”
The Deloitte Technology Fast 50 ranking features both private and public listed technology companies that have demonstrated innovative strategies, sound management practices and marketplace vision, driving them to achieve the status of high-growth leaders. Full details on the winners can be found at www.fast50.ie.