Deggendorf, November 30, 2011 * * * congatec AG has achieved fourth place in the Deloitte Technology Fast 50 ranking of fastest growing technology companies in Germany. The rankings are based on the percentage of revenue growth over the past five years (2006-2010). In this period congatec achieved a growth of 1396 percent.
Gerhard Edi, CEO of congatec, comments on the company’s positive revenue increase. "This award by an independent international auditor confirms our leading position in Germany. As a global company we are also striving for worldwide growth and leadership in our market segment. This current success is the result of the outstanding efforts of the entire congatec team. In the future, we will continue to impress our customers with technological innovation, quality and uncompromising service."
"This year's rankings show that technology companies with B2B products were particularly successful. Customer-oriented solutions form the basis for the impressive growth figures among Fast 50 nominees, the Rising Stars and the Sustained Excellence Award winners," explains Dieter Schlereth, Partner and Industry Leader TMT at Deloitte.
| 2011 | 2010 | 2009 | |
| Average growth rate of Fast 50 companies | 712% | 536% | 937% |
| Proportion of different technology sectors (%) among Fast 50* | 2011 | 2010 | 2009 |
| Software | 31% | 36% | 28% |
| Communication/Networking | 21% | 16% | 18% |
| Computers/Peripherals | 5% | - | 4% |
| Internet | 25% | 22% | 29% |
| Life Sciences/Biotech | 2% | 4% | 4% |
| New Technologies | 16% | 12% | 16% |
* Multiple choices permissible
Regional distribution of Fast 50 winners
| Share of Technology Fast 50 winners (%) in the individual regions Regions in Germany | 2011 | 2010 | 2009 |
| North> | 16% | 10% | 12% |
| South | 22% | 40% | 44% |
| East | 22% | 30% | 20% |
| West | 40% | 20% | 24% |
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