DECEMBER 1, 2005
Deloitte Technology Fast 500 reveals that IXEurope is one of Europe's top 100 fastest growing technology companies
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IXEurope, Europe's leading datacenter services company, today announced that it ranked in the top 100 of the 2005 Deloitte Technology Fast 500 EMEA, a ranking of the 500 fastest growing technology companies in Europe, Middle East and Africa.
At last night's glittering awards ceremony in London's Vinopolis, Deloitte announced IXEurope's position as a result of 842.3% revenue growth over five years, from 2000-2004. In addition to ranking on the Deloitte Technology Fast 500 EMEA, IXEurope is 9th on the London and Southern Region Technology Fast 50.
"Attracting enough customers to maintain triple digit growth over five years makes a strong statement about the quality of a company's product and its leadership," said Karel Bakkes, partner in charge of Deloitte's Technology Fast 500 EMEA programme. "IXEurope has shown it has the right stuff for growth."
IXEurope's CEO, Guy Willner, believes that the company's growth over the past five years is a testament to the fact that the company has been built on a sound business plan, an innovative yet considered strategy and the backing of a strong management team.
He said "Being recognised as the 95th fastest growing technology company in Europe is a magnificent achievement for the team. IXEurope continues to grow at a faster rate than all other significant competitors in the European market and we are now larger than the only remaining quoted datacenter services company in Europe."
"The team has shown tremendous commitment to providing high levels of service to our customers and we are delighted that our dedication has paid off. Securing a place on these high profile league tables clearly demonstrates how IXEurope has remained dynamic and thrived."
Technology Fast 500 Selection and Qualifications
The Technology Fast 500 list is compiled from Deloitte's EMEA Fast 50 programmes, nominations submitted directly to the Fast 500, and public company database research. To qualify for the Fast 500, entrants must have had 1999 operating revenues of at least EUR 50,000.
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.