Cloudmore awarded Sweden Technology Fast 50 status from Deloitte

Cloudmore awarded Sweden Technology Fast 50 status from Deloitte

Sweden Technology Fast 50 is an objective ranking of the 50 fastest growing technology companies in Sweden as well as an annual award to those companies. Cloudmore is pleased to be recognized from such a credible forum as Deloitte and to have made it into the top 50 companies.

“Our business is working hard to provide a unified cloud experience to all sizes of organisations. We bring to market enterprise quality services from leading vendors and make the purchase and deployment process quick and easy. It is an exciting time for the cloud space and this recognition supports what we are doing is right,” says Michael Wicander, CEO, Cloudmore.

This year there are 30 new technology companies in the Fast 50 ranking, one of them being Cloudmore. When rating the Swedish Fast 50, Deloitte compare the revenue growth of the companies over the last five years. During this period Cloudmore nearly quadrupled the revenue growth.

According to Deloitte partner Erik Olin, it is important to recognize the successful results of the Fast 50 companies.

“We have seen long-term optimism and very focused efforts among the companies in the ranking. The results speak for themselves, their efforts have paid off. The companies ranked in Deloitte Sweden Technology Fast 50 are all of great importance for the Swedish economy. That is why we want to acknowledge their achievements, this year for the 11th year in a row.”

All of the Swedish Fast 50 companies will also be nominated for the prestigious award European Fast 500.

About Deloitte Sweden Technology Fast 50 and Rising Stars
The only cross-industry ranking of technology companies in Sweden. The award was initiated in 2003, and is now in its eleventh year. The ranking includes public and private companies, large and small, in all areas of technology, from Internet specialists to life sciences, green tech, computers to semiconductors and software to telecommunications.

There is also a special category, Rising Stars, for quite some start-up companies with rapid growth and the potential to become tomorrow's Fast 50. This year there are 30 new companies in the Fast 50, eight of which have made ​​the journey through the Rising Stars.

Growth is based on revenue growth over the last five years according to annual reports reported to Bolagsverket per 31 July. For Fast 50 the growth is measured during 2008-2012, and for Rising Stars during 2010-2012. Please find more detailed information (in Swedish) on www.deloitte.se/fast50