North East Post
A Voice of the Free Press
3:00 AM 28th July 2022

Deloitte UK Technology Fast 50 Awards Opens Entries For NE Businesses

Companies from across the North East that use proprietary technology can now enter the Deloitte UK Technology Fast 50 awards, one of the UK's foremost technology awards programmes. Now in its twenty-fifth year, the awards are an acknowledgement of the 50 fastest-growing technology companies in the UK. The ranking is based on revenue growth over the last four years.

Previous winners 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, Tyne & Wear-based Inflo was ranked 20th with an average growth of 1,923%.This was Inflo’s debut into the Fast 50 and it is one of several fast-growth companies offering support to the professional services sector. Inflo’s Cloud-based service is now used by more than 1,000 firms across 120 countries.

Other companies from the North East that have ranked in the Top 50 in previous years include Newcastle-based True Potential, which ranked 33 in 2014, 34 in 2015 and 49 in 2016 and Newcastle-based SoPost which ranked 13 in 2018 and 37 in 2019.

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 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.

Jo Robertson, director and Fast 50 lead in the North East, said: “The tech sector in the North East has shown resilience following the pandemic and it’s testament to the region’s tech businesses and entrepreneurs that this sector continues to grow.

“Tech businesses outside of London always have a show of strength in the Deloitte Technology Fast 50 awards - winners of the last two Fast 50 awards hailed from the 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 more companies from the North East 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.”

For full details and the entry form please visit: