Lucid Interactive has been ranked number 48th in the 2019 Deloitte Technology Fast 50, a ranking of the 50 fastest growing technology companies in Ireland. Rankings are based on average percentage revenue growth over four years.
The Deloitte Technology Fast 50 Awards is one of Ireland’s foremost technology award programmes. This year marks 20 years of the programme celebrating innovation and entrepreneurship in Ireland’s indigenous technology sector.
Cumulatively, the 2019 Fast 50 winners generated approximately €3.6 billion in total annual revenues in 2018. The average revenue of companies featured in the ranking was approximately €70 million, while the average growth rate of the companies over the last four years was 347%. There are 18 new companies listed on the ranking.
All four provinces are featured in this year’s awards. 28 of the winners are Leinster-based, 13 are based in Ulster, followed by Munster with 8 companies, and Connacht with 2 companies.* Overall, 14 counties are represented in the 2019 listing.
Announcing the winners of the Deloitte Technology Fast 50 programme, Peter Allen, Partner, Deloitte, said: “Since 2000, the awards have showcased an innovative and diverse range of technology companies, and this year is no different. Over this time, we have seen local technology companies capitalise on the opportunities presented by global changes. We’re delighted to be supporting these companies and recognising them with these awards. Over the last 20 years, the Fast 50 has become the benchmark of success for Irish tech companies.”
The Deloitte Technology Fast 50 Awards took place in Dublin on 25 October 2019. Keynote speaker on the night was Mark Casey, Global Leader of Telecoms, Media & Entertainment at Deloitte. Details of the full Deloitte Technology Fast 50 ranking list are available to download at www.fast50.ie.