News
October 2009
Saadian Technologies ranked 29th in Deloitte Technology Fast 50
Saadian Technologies attributes its growth to innovative product development
Dublin, Ireland, 15th October 2009 — Saadian Technologies today announced that it ranked Number 29 in the 2009 Deloitte Technology Fast 50, a ranking of the 50 fastest growing technology companies in Ireland. Rankings are based on average percentage revenue growth over five years. Saadian Technologies grew 258% percent during this period.
Saadian Technologies CEO, Cliodhna McGuirk, credits innovative product development and top quality customer service with the company’s 258% revenue growth over the past five years. She said, "It is hugely important to incorporate continuous innovation into product development. Only then can your products respond to the demands of the market, thus driving growth. It is not enough to market great products, you have to consistently deliver a reliable professional service in order to retain customer loyalty."
The Fast 50 programme, now in its tenth year in Ireland, ranks the fastest-growing technology companies in the Republic of Ireland and Northern Ireland. This year, there are 14 companies from Northern Ireland in the ranking. The average growth rate of the Fast 50 companies named in this year’s ranking is 789%.
Announcing the winners of the Technology Fast 50 programme, David O’Flanagan, Partner, Deloitte, Dublin said: “The aim of this year’s Fast 50 was to showcase the resilience and determination of Ireland’s indigenous technology industry and this has certainly been achieved. Our winners show that they are rising above the challenging business environment and are proof that inventive companies will continue to be successful.”
The awards took place in Clontarf Castle on October 15th. Industry figures speaking at the event included Paul Rellis, Managing Director, Microsoft Ireland; Michael Dwyer, Founder and CEO, Empathy Marketing Limited (Pigsback.com); and Jim Sloane, Lead Technology Partner and Vice Chairman, Deloitte UK.
Details of the final Technology Fast 50 ranking list are available to download at www.fast50.ie.