Deloitte EMEA Fast 500 ranking included 37 Polish companies, PayPo ranked highest

The Deloitte EMEA Fast 500 ranking of the fastest-growing technology companies included 37 Polish companies, with PayPo, a provider of deferred payment services, ranking highest, Deloitte reported.

Deloitte EMEA Fast 500 is an industry list that identifies and recognises technology leaders from Europe, the Middle East and Africa. The ranking includes the fastest-growing companies entered in Deloitte's Technology Fast 50 programmes in the EMEA region. Winners were selected based on percentage revenue growth between 2019 and 2022, it stated.

This year's ranking was dominated by software vendors, which occupied as many as 235 positions in the list, corresponding to 47% of all companies. In contrast, media and entertainment companies (3,225%) and fintechs (3,202%) recorded the highest average percentage growth rates. The highest ranking was held by Finnish computer games developer Metacore Games Oy. The company recorded an impressive growth of 89,319%. The top ten included as many as five companies from the UK, Deloitte reported.

Among Polish companies, the most successful was deferred payment service provider PayPo, which ranked 48th in the ranking. Also among the 100 fastest-growing organisations were software company Worksmile, furniture maker noo.ma and Bin-e, a manufacturer of smart waste appliances. A total of 37 Polish companies made the list, including 25 software producers and four hardware manufacturers, three healthcare-related companies, two fintechs, two media and entertainment companies and one environmental technology manufacturer.

"The presence of 37 Polish companies in the list, with a dominant group of software producers, demonstrates the huge potential of the Polish technology sector. Each company brings unique value and contributes to the global development of technology. The ranking shows that the Polish market is ready to compete at the highest level," said director in the financial advisory department, leader of the Deloitte Technology Fast 50 CE Programme in Poland Michal Przybylski.

The ranking included companies representing diverse industries related to the high-tech area - communications, fintech, hardware manufacturing, healthcare and life sciences, digital commerce, environmental technology, energy, media and entertainment and software. The average percentage revenue growth of the included companies was 1,931%, it was indicated.

"The EMEA Fast 500 ranking is a barometer of innovation and entrepreneurship in the region. The compilation shows how diverse and dynamic the technology sector is in Europe, the Middle East and Africa. The companies on the list have not only achieved impressive financial results, but are also pushing the boundaries of technological capabilities in their industries," Przybylski added.

The 25th anniversary edition of Deloitte Technology Fast 50 Central Europe began on 1 June. The programme is open to the most rapidly growing technology companies from nineteen Central European countries that have been in existence for at least four years. In addition to the main category, there are also distinctions for shorter-lived entities (founded after 2020; Companies to Watch category) and companies that stand out for their attention to positive environmental, business and social impact (Impact Stars category). Entries are being collected until 31 August and the ranking ceremony will be held on 14 November this year, it concluded.

Source: Deloitte and ISBnews