Chess today announced that it ranked Number 131 on the 2007 Deloitte Technology Fast 500 EMEA. Rankings are based on percentage revenue growth over five years, from 2002–2006 and Chess grew 1288 percent during this period.
Chess previously ranked 135 on the 2006 Deloitte Technology Fast 500.
Being included on Deloitte’s Technology Fast 500 EMEA is a significant achievement. In its 7th year, the program ranks the fastest growing technology companies in Europe, Middle East and Africa, highlighting both established and emerging companies.
2007 was one of the best years ever for EMEA regions in terms of high-growth technology company performance with average growth rates at 1433 per cent – the highest since the Fast 500 began and an increase of 47 percent on last year.
Chess’ Chief Executive, David Pollock credits the hard work and determination of its people and Chess’ innovative approach to business, with the company’s 1288% revenue growth over the past five years. “2007 has been another great year for Chess,” he said. “We have enjoyed considerable success with awards and being ranked in lists such as Deloitte’s Fast 500 EMEA is testament to our commitment to the continued growth of Chess. Innovation is key to our strategy and it is clear that in the years to come this will continue to drive our business forward. We have invested considerably in new technology, increasing efficiency, streamlining processes, reducing waste and stimulating future growth. We look forward to our inclusion in Deloitte’s Technology Fast 500 in the years to come.”
“Making the Deloitte Technology Fast 500 is commendable in today’s highly competitive technology industry,” said Eric Morgain, partner in charge of Deloitte’s Technology Fast 500 EMEA program. “We congratulate Chess on being one of the 500 fastest growing technology companies in EMEA.”
In addition to ranking on Deloitte’s Technology Fast 500, Chess ranked 31st on the UK & Ireland Technology Fast 50, which is a ranking of the 50 fastest growing technology firms in the UK & Ireland.
Overall, companies that ranked on the 2007 Technology Fast 500 had an average growth rate of 1,443 percent.