Exsel Group has been ranked number three in the 2016 Deloitte UK Technology Fast 50, a ranking of the 50 fastest growing technology companies in the UK.
Rankings are based on percentage revenue growth over the last four years with Exsel Group growing 3,936% during this period.
Exsel Group’s CEO, Tom McDonald, credits continually improving and advancing their offering to clients and successfully managing to anticipate changes and advances in trends.
Russell Jaques, Exsel Group, Regional Head of Sales Aberdeen commented:
“It’s fantastic to have been named the third fastest growing technology company in the UK as part of the 2016 Deloitte UK Technology Fast 50. We have three branches in Scotland now who all work together to receive results like this, and we’re so pleased to have received such an incredible ranking, particularly alongside such amazing nominees from across the country.”
David Cobb, partner leading the Deloitte UK Technology Fast 50, said:
“The Deloitte UK Technology Fast 50 gives great profile to technology companies and is internationally recognised as being one of the most important business awards in the sector.
“The 2016 Deloitte UK Technology Fast 50 shows that tremendous growth rates are still possible, with software sectors showing particular strength, they have had the greatest amount of entries in the past four years.” “The Deloitte UK Technology Fast 50 awards are an opportunity for businesses to gain recognition for their successes and achievements over the last four years.
“Deloitte’s ranking of the 50 fastest growing UK technology companies generated over £884 million in total annual revenues in the year 2015/16, employing more than 7,100 people and recorded an average four-year growth rate of 1,240 per cent, according to Deloitte.”
“The awards are an opportunity for businesses to gain recognition for their successes and achievements.
This year’s ranking highlights the importance of being innovative, recruiting high skilled talent and finding a niche product or service.”