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BizReport : Research : October 23, 2007
Latitude Group lands in Deloitte's "Fast 50"
Search marketers in the UK may want to pay a bit more attention to the SEM specialist company Latitude Group. That is because for the first time the SEM business has made it into the Deloitte Technology Fast 50.
The "Fast 50" is a ranking of the UK's fastest growing tech firms. Latitude landed at number ten on the list. Also on the list are ByBox Holdings, LTD., Rocela Limited, Miniclip Limited and THINK Ltd. You can view the entire list here.
Latitude CEO Dylan Thwaites said, “We’ve been growing faster than the market rate for some time now – we’re not just riding the wave. It’s a fast moving market in itself though, and we’ve been good at gaining blue-chip client business along the way.”
In creating the list of the fastest growing corporations Deloitte takes in to account sustained revenue growth; the higher a company's revenue growth the higher their placement on the list. Organisations must also be tech-firms, either manufacturing products or producing some sort of technology. Companies must also spend some time on technology research and development efforts.
In addition to being technology related, the company must show revenues of 50,000 euros for 2002 and 800,000 euros for 2006.
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