Ubisense Ranked No. 3 Fastest Growing Technology Company in Europe in the 2008 Deloitte Technology Fast 500 only weeks after coming 2nd in the UK Fast 50
Ubisense, the Precise Real-Time Location company, took 3rd place in the prestigious fasting growing technology company in the 2008 Deloitte Technology Fast 500 EMEA.
Cambridge, UK, Dec 8th 2008 — Ubisense today announced that it had won 3rd place in the 2008 Deloitte Technology Fast 500 EMEA, a ranking of the 500 fastest growing technology companies in the EMEA region. Rankings are based on percentage revenue growth over five years and Ubisense grew 15324 percent during this period.
Ubisense’s CEO, Richard Green stated “We attribute this strong growth to many factors, including our unique ability to help our customers achieve rapid ROIs using our Precise Real-Time Location System. Coupled with our incredibly talented implementation teams this means that we can have customers systems up and running in mission critical environments in record time. The greatest demand we see for our products is from the world’s leading manufacturers who demand robust, reliable systems that run over standard networks.”
“Because Deloitte Technology Fast 500 EMEA measures sustained revenue growth over five years, being one of the 500 fastest growing technology companies in EMEA is an impressive achievement,” said Karel Bakkes, partner in charge of Deloitte’s Technology Fast 500 EMEA program. ”Ubisense deserves a lot of credit for its remarkable growth.”
Technology Fast 500 EMEA selection and qualifications
The Technology Fast 500 list is compiled from Deloitte’s EMEA Technology Fast 50 programs, nominations submitted directly to the Fast 500, and public company database research. To qualify for the Fast 500, entrants must have had 2003 operating revenues of at least €50,000 and 2007 operating revenues of at least €800,000.
Entrants must also be public or private companies headquartered in EMEA and must be a “technology company,” defined as a company that owns proprietary technology that contributes to a significant portion of the company’s operating revenues; or devotes a significant proportion of revenues to the research and development of technology. Using other companies’ technology in a unique way does not qualify.
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Deloitte Technology, Media & Telecommunications (TMT) Group
The TMT Group is composed of service professionals who have a wealth of experience serving technology, media and telecommunications companies throughout the UK in areas including cable, communications providers, computers and peripherals, entertainment, media and publishing, networking, semiconductors, software, wireless, and related industries. These specialists understand the challenges that these companies face throughout all stages of their business growth cycle and are committed to helping them succeed. Deloitte is a leader in providing strategic, financial and operational assistance to its technology, media and telecommunications clients
Ubisense is the market leading vendor of precise RTLS (Real-time Location Systems) based on Ultra-Wideband (UWB) technology. The company delivers complete solutions based on a highly scalable and reliable real-time location platform that is being deployed in mission critical applications around the world. www.ubisense.net
Tel: +44 1223 535170
- Contact Information
- Jay Cadman
- Public Relations Director
- Ubisense, Inc.
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