October 28, 2011

Core Systems (NI) ranked in the 2011 Deloitte Technology Fast 50

Core Systems are pleased to announce that it was ranked in the 2011 Deloitte Technology Fast 50, marking the company as one of the 50 fastest growing technology companies in Ireland. Rankings are based on average percentage revenue growth over five years.


Core System’s CEO, Patricia O’Hagan, credits working closely with customers to understand their strategic needs, and innovative product development, with the company’s revenue growth over the past five years.

The Fast 50 programme, now in its twelfth year in Ireland, ranks the fastest-growing technology companies in the Republic of Ireland and Northern Ireland. This year, there are 14 companies from Northern Ireland in the ranking. The average growth rate of the Fast 50 companies named in this year’s ranking is 674%.

Announcing the winners of the Technology Fast 50 programme Glenn Roberts, Senior Partner, Deloitte Belfast said: “Looking at the list of Deloitte Fast 50 winners in 2011, it becomes clear that we are witnessing the second wave of Irish technology companies starting to mature. In 2001, companies such as Conduit, Horizon Technologies and Iona were riding high as Fast 50 winners; ten years on and there are new kids on the block who mirror their predecessors in having great ideas and understand that to grow they have to go global.”

Adrian O’Connell, Head of Contracts & Technology at Northern Ireland sponsor Tughans said: “As one of NI’s most active commercial law firms in the tech sector, we work day in, day out with some of NI’s premier businesses and entrepreneurs. We therefore recognise how important this sector is to NI’s continued growth, and are delighted to be a partner to these awards which perfectly reflect this fast paced, innovative industry. Congratulations to the 14 local companies who achieved a place in the rankings.”

The awards took place in the Dublin Convention Centre on Friday 21st October. Industry figures speaking at the event included Maurice Mortell, Managing Director, Telecity Group Plc (former CEO Data Electronics) and Regina Moran, CEO, Fujitsu. Sponsors of the event were William Fry and Tughans.

Details of the Deloitte Technology Fast 50 ranking list are available to download at www.fast50.ie.