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500 Technology Fast Technology Fast 500 TM 500 2016 EMEA 1 Technology Fast 500 500 2016 EMEA Summary Welcome Ariane Bucaille ................................................................................................... 04 Specialist think piece Paul Sallomi ................................................................................ 06 Specialist think piece Duncan Stewart ......................................................................... 08 About Deloitte’s Technology Fast 500 ........................................................................... 10 What does the 2016 edition tell us about EMEA growth-makers? ......................... 12 The Top 10 ............................................................................................................................ 14 List of winners .................................................................................................................... 21 Our partners ........................................................................................................................ 36 3 Technology Fast 500 500 2016 EMEA Welcome Ariane BUCAILLE France Technology, Media and Telecommunications Leader Global Technology, Media and Telecommunications Audit Leader Deloitte & Associés We are delighted to welcome the 16th EMEA Deloitte Technology Fast 500 to Paris. For about six years now, France has been the strongest contributor to these awards. This year alone, more than 500 companies registered for the French edition of Fast50 and 94 of them placed in the Fast500 ranking. Over the life of the program, more than 2500 fast growing companies have participated in the French Fast50. We welcome this celebration of hyper growth in Europe, Mid-East and Africa, and the energy of these thousands of entrepreneurs who have decided to participate, and are now joining the Fast50 and Fast500 communities. Growth is difficult to achieve, there are multiple factors that can inhibit it, and I won’t elaborate on them since they are covered extensively elsewhere. I’d rather take a look at these leaders who have managed to escape from “gravity”, to deliver impressive and sustained growth rates. We call them the “growth makers” because they actually did it, better than most, and no one can dispute their achievement. 4 They have had the same basic explained all the reasons why “four elements of growth” as it is facing some deflationary anyone, although sometimes in conditions. It is also the largest scarce quantities: capital, labor, market available with 428 million creativity/ knowledge, and then solvent consumers, interested and energy and resources. And yet, able to spend. Although large, it is they are making growth happen. still fragmented: raising large capital They created a unique combination amounts without having US funds in of value, finding explosive growth is difficult, and national champions ONE OF THE MOST models that spun across nations. are actually competing with each EXCITING PARTS Their leadership is the fifth element, other, which is a good thing. But putting this combination into many are hitting a limit because they OF THESE AWARDS exponential motion. can’t develop beyond their national boundaries, and are not considering IS THE ABILITY TO One of the most exciting parts of options on how to break out of their MEET AND TALK TO these awards is the ability to meet home countries. We need to help and talk to the participants: they them do better at that. THE PARTICIPANTS: are full of energy and vision, and THEY ARE FULL they have overcome some amazing It is now the time to think, as a situations. Their growth path has community, how we can work across OF ENERGY AND rarely been linear and predictable, borders to create new European VISION, AND THEY they are rather bumpy and hectic, champions, funded by many sources with many critical moments. of capital, and foremost by public HAVE OVERCOME offerings. Over the years, at Deloitte we SOME AMAZING believe that we should all work with We can also help the “growth SITUATIONS. THEIR and learn from these leaders. This makers” community by encouraging is our responsibility as members exchanges and partnerships GROWTH PATH HAS of the ecosystem in which they between large European RARELY BEEN LINEAR can grow and thrive. The quality of corporations, and these Fast500 their environment is a key success champions. AND PREDICTABLE, factor: they have partners providing I encourage you to explore and THEY ARE RATHER talents, expertise, revenue, research, understand the success of these capital, and knowledge. The ability companies; find out what makes BUMPY AND HECTIC, to leverage their ecosystem is them so special, and help get more WITH MANY CRITICAL a common trait of many of the fast-growing companies to join winners over the years. Those who this unique community, which, at MOMENTS. have become European or world Deloitte, we are proud to be a part leaders in their category all share of and help develop further. this trait. We have to be realists: Europe has a growth challenge. Many distinguished economists have 5 Technology Fast 500 500 2016 EMEA Specialist Think piece Paul SALLOMI Global Technology, Media and Telecommunications Leader Global and U.S. Technology Sector Leader Deloitte LLP Innovation along with rapid developments across technology, media and telecommunications is creating the foundation to transform the way we work and live. The falling cost of computing power and data storage, the rise of broadband, ubiquitous connectivity and mobility have combined to create the dawn of a digital era filled with exponential technologies. The emerging ecosystems around cognitive technologies, blockchain and the Internet of Things (IoT), among others, have quickly moved from cutting-edge to being on the verge of mainstream. Digital changes everything. New business models that once were not possible or practicable are emerging in almost every sector and industry. “Digital native” companies are leveraging these foundational tools to disrupt established enterprises and are scaling at an increasingly astounding pace. At the same time, existing businesses are rapidly working to understand how these emerging tools can deliver value in new and exciting ways as they embark on a transformational journey to participate in the new economy. Resting on established laurels is no longer a competitive option; innovation is essential to survival and growth. Companies are challenged to deliver in the “here and now” and to develop new business models at the same time. Although this places significant demands on capital and resources, the efforts are showing measurable results as exciting new products and services are emerging worldwide with unprecedented speed. 6 New strategic approaches are being the business landscape, companies deployed to adjust to the new are increasingly embracing the “gig” paradigm, in which agility, speed to economy that is, leveraging resource market, “failing fast” and reinvention pools beyond their individual are increasingly important organizations—to help win the global aspects of corporate planning. war for talent. And the list goes on: Current innovation in technology we see growth across connectivity is also causing a historic wave of and connected devices that are collaboration across industries. For foundational to the success of IoT, example, automotive and technology which in turn creates the need for companies have entered into joint continued innovation in security, ventures aimed at equipping cars privacy and data sovereignty. INNOVATION with self-driving and self-correcting features. At the same time, The foundation being laid now will IS DRIVING traditional competitors are entering drive innovation for the foreseeable into “co-opetition” partnerships to future, but we have a long way CHANGE AND drive the growth of technologies such ahead of us to truly fulfill the as artificial intelligence. promise of the digital era. Keep your eyes on technologies that are GROWTH Innovation is driving change and being increasingly integrated into growth across the enterprise as well. mainstream business, including ACROSS THE For instance, tech sector companies blockchain which offers an entirely ENTERPRISE are now offering products and new way of securely tracking services through a “pay-for-use,” or transfers of assets and cognitive AS WELL. flexible-consumption-based, model. technologies, including speech Such models are germane to cloud recognition, natural language and software as a service (SAAS) processing, pattern recognition, providers and they are becoming machine learning, robotics and increasingly common for hardware, computer vision. networking and printing as a wide range of technology organizations Innovation is more than technology; move to adopt these delivery it’s also a state of mind. The winners models. Moving to a consumption- of the Deloitte EMEA Technology based model can have a profound Fast 500 program, and our winners and positive effect on operations around the world, recognize that this across all aspects of a business, new type of thinking is essential for including branding, marketing, sales- business success, and we support force training and compensation, and applaud your leadership. revenue recognition, IT systems and taxation. As another example of how innovation is transforming 7 Technology Fast 500 500 2016 EMEA Specialist Think piece Duncan STEWART Global Technology, Media and Telecommunications Director of Research Deloitte Canada « LE CREUX ENTRE DEUX VAGUES » The Fast 500 companies of
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