REDTRAY takes 12th place in Deloitte's Fast 50 Ranking
REDTRAY, the true blended learning company, has achieved 12th place in Deloitte's 2008 Fast 50 ranking of the UK's fastest-growing technology companies. The position is based on sustained revenue growth over the past five years.
Bob Woodland, CEO of REDTRAY says, "We're delighted to have achieved such a high ranking in one of the UK's foremost technology award programmes. We've had a hugely successful year and are particularly pleased with the smooth merger with Q6 which tool place earlier in 2008. Q6 has one of the most comprehensive portfolios of technical classroom-based training courses in the UK with customer that include the likes of Accenture, BT, Network Rail, Orange, Siemens, Thales, Unilever, VirginMedia and Yell, to name a few."
Now in its eleventh year, the Fast 50 programme honours business growth, technological innovation and UK entrepreneurial spirit. The 2008 Deloitte Fast 50 results bear testament to the vibrancy of the UK technology sector, even in challenging market conditions. Overall growth rates have in fact increased in the last 12 months - the average growth rate of the 2008 Fast 50 was 2161 per cent, up from (2318 per cent). Last year's winner would have been ranked third this year. The average revenue figure for the 2008 Deloitte Fast 50 is £17.3m.
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