Galway firms soars into Fast 50 ranking

Galway’s EssentialSkillz listed in 44th place at the Deloitte Technology Fast 50 Awards. The Deloitte Fast 50 measures Ireland’s fastest growing indigenous companies in the tech sector. Pictured are Fintan Healey, COO at EssentialSkillz, Joan O’Connor, Partner at Deloitte, and Shane McAllister, Business Development Manager, EssentialSkillz
Galway’s EssentialSkillz listed in 44th place at the Deloitte Technology Fast 50 Awards. The Deloitte Fast 50 measures Ireland’s fastest growing indigenous companies in the tech sector. Pictured are Fintan Healey, COO at EssentialSkillz, Joan O’Connor, Partner at Deloitte, and Shane McAllister, Business Development Manager, EssentialSkillz

Galway firm EssentialSkillz has secured a slot in Ireland’s best known technology growth index, the Deloitte Technology Fast 50 ranking.

The Parkmore-based company is a leading global supplier of online safety training and risk assessment software. Established in 2001, it has offices in the UK, US and Ireland and is recognised as a market leader for health and safety eLearning.

eShopWorld has secured the top spot in the ranking – for the third year in a row.  The company achieved a growth rate of 32% over the past four years. The company is a leader in global eCommerce and logistics management, with a world class modular solution that gives online retailers control over the end-to-end customer journey – from global checkout to returns.

The awards, now in their 18th year, rank Ireland’s fastest growing technology companies and recognises indigenous technology companies that have demonstrated exceptional growth in turnover in the last four years. The Fast 50 programme is recognised as a barometer of a company’s success and provides it with a hugely valued, respected and marketable, public ‘badge of honour’.

Encouragingly, this year’s ranking saw 16 new entrants, up from 11 last year.

Cumulatively, the 2017 Fast 50 winners generated approximately €858 million in total annual revenues in 2016. The average revenue of companies featuring on the ranking was approximately €17 million, while the average growth rate of the companies over the last four years was 290%.