Companies from across the South West that use proprietary technology are being urged to enter the Deloitte UK Technology Fast 50 awards, which is in its 25th year.
The awards rank and recognise the 50 fastest growing technology companies in the UK, based on the last four years of revenue growth.
Previous winners, including 72 winners from across the South West, are from both large and small companies and include some of the most dynamic players in all areas of technology sectors, including AdTech, BioTech, CleanTech, EdTech, FinTech, HealthTech, InsureTech, Communications and many more.
In 2021 Bournemouth-based OnBuy.com was the South West regional winner, and in 2020 Bristol-based Seeker Digital was ranked 25 in the UK top 50.
Since 1998, the Deloitte Technology Fast 50 awards have showcased an increasingly innovative and diverse range of UK-based technology companies. Last year’s cohort of Fast 50 companies generated cumulative revenues of £2.92 billion in 2020/21, an impressive average growth rate of 3,337% and employed more than 19,000 people.
This year’s awards will see the launch of the new Fast 50 Women in Leadership Award, a ranking that will recognise those companies within the Technology Fast 50 that were either founded by a woman*, have a founding team comprised of at least 50% women or have a female CEO.
Lizzie Hill, tax partner and Fast 50 lead in the South West, said: “The ongoing strength of the South West start-up scene is a testament to the resilience and tenacity of the businesses and entrepreneurs across the region.
“Last year, the South West regional winner was OnBuy.com one of the fastest growing online marketplaces which was launched in 2016. The regions show strength in the Deloitte Technology Fast 50 awards - winners of the last two Fast 50 awards hailed from regions, demonstrating the continued success of start-ups outside of the capital.
“Our annual Fast 50 awards, now in its 25th year, showcases the businesses that are making a real influence in their sectors. We look forward to seeing companies from the South West in the 2022 ranking and, most exciting for this year, being able to celebrate the success of women in the technology sector through our new Women in Leadership Award.”