50 fastest-grow­ing tech­nol­ogy com­pa­nies take cen­ter stage

Daily Sabah (Turkey) - - Money -

Turkey an­nounced the 50 fastest grow­ing tech­nol­ogy com­pa­nies in the last four years, as com­piled in the Deloitte Tech­nol­ogy Fast 50, with Te­knofix rank­ing third, REM Peo­ple rank­ing se­cond and Bu­lutis­tan com­ing out on top with a growth rate of 9,682%. The Tech­nol­ogy Fast 50, an­nounced by Deloitte Turkey in 2006, com­piles the fastest-grow­ing tech­nol­ogy com­pa­nies of the pre­vi­ous four years. The fastest-grow­ing tech­nol­ogy com­pa­nies in Turkey are de­ter­mined by the growth rate of net sales rev­enues over the time scale and an­nounced at an award cer­e­mony held with Face­book. Ac­cord­ing to the re­sults of the Deloitte Tech­nol­ogy Fast 50 Turkey 2019 Pro­gram, Bu­lutis­tan was the fastest grow­ing tech­nol­ogy com­pany in Turkey with a rate of 9,682%. REM Peo­ple came in se­cond with 3,868% growth, while Te­knofix came in third with 2,822% growth. The 2019 list of achiev­ers saw long-time con­tenders, as well as a num­ber of new star­tups, in­cluded on the list.


In 2019, the Deloitte Fast 50 pro­gram only listed the top 10 com­pa­nies, with the re­main­ing 40 only listed in al­pha­bet­i­cal or­der. This year, the pro­gram an­nounced, in part­ner­ship with Face­book, that it had two dif­fer­ent award cat­e­gories. The pro­gram, which of­fers tech­nol­ogy com­pa­nies ex­po­sure to Europe and the world, also handed out the Women in Tech Award for the first time this year to com­pa­nies where the num­ber of fe­male em­ploy­ees ex­ceeded the num­ber of male em­ploy­ees. The award was picked up by Pay­cell. An­other new cat­e­gory, the Cross Border Award, cre­ated in co­op­er­a­tion with Face­book this year, was given to the com­pany that achieved the high­est growth and turnover suc­cess among com­pa­nies with a ra­tio of at least 50% of its to­tal sales go­ing abroad. The award was given to Tek­nasyon.

Asel­san and Logo Soft­ware re­ceived the Big Stars Award, which sees tech­nol­ogy com­pa­nies that presided over rev­enues of 50 mil­lion eu­ros ($55.68 mil­lion) or more dur­ing the 2018 fi­nan­cial year, judged ac­cord­ing to their growth rates over the last four years. In his open­ing speech, Deloitte Turkey part­ner and TMT in­dus­try leader Metin As­lan­taş said the FAST 50 com­pa­nies were play­ing a lead­ing role in the de­vel­op­ment of the dig­i­tal ecosys­tem in

Turkey: “The most im­por­tant prin­ci­ple that en­sures the con­ti­nu­ity of life in the uni­verse we live in is the fact that liv­ing things can con­stantly con­vert their ge­netic codes,” As­lan­taş said. “As dif­fer­ences, vari­a­tions and in­no­va­tions come to­gether, a new DNA emerges, and the unique life cy­cle con­tin­ues. That is valid for the cor­po­rate world, too. Tech­nol­ogy com­pa­nies like you are join­ing dif­fer­ent ge­netic codes to cre­ate new ones. This cre­ates new codes that trans­form so­ci­ety, and adapt and de­velop con­di­tions. In this sense, I see FAST 50 com­pa­nies as evo­lu­tion­ists of the cor­po­rate world, and I am grate­ful to them for not only de­vel­op­ing the busi­ness world but also the world in gen­eral.”

“As a tech­nol­ogy com­pany aim­ing to be one of the most im­por­tant part­ners in the growth jour­neys of young com­pa­nies and star­tups, we are hon­ored to sup­port the Deloitte Tech­nol­ogy Fast 50 pro­gram in its aim to cel­e­brate in­no­va­tion and tech­nol­ogy and re­ward suc­cess­ful and emerg­ing com­pa­nies in this field to in­spire other com­pa­nies that may be at the be­gin­ning of their jour­ney,” Derya Ma­traş, vice pres­i­dent of Face­book Mid­dle East, Africa and Turkey, said.

Busi­ness­man hold­ing tablet and show­ing a grow­ing vir­tual holo­gram of statis­tics, graph and chart with ar­row up on dark back­ground. Stock mar­ket. Busi­ness growth, plan­ing and strat­egy con­cept.

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