Learning Pool named again as one of the fastest growing Tech Companies in Ireland
Learning Pool today announced that it ranked number 25 in the 2013 Deloitte Technology Fast 50, a ranking of the 50 fastest growing technology companies in Ireland. Rankings are based on average percentage revenue growth over five years.
Learning Pool’s co-founder, Paul McElvaney attributed the company’s growth to its ability to recruit well. “We have spent a lot of time in the last six years recruiting and building our team of high performing people. They are the engine behind Learning Pool and the key reason for our sustained growth and success.
The Fast 50 programme, now in its fourteenth year in Ireland, ranks the fastest-growing technology companies in the Republic of Ireland and Northern Ireland. This year, there are 18 companies from Northern Ireland in the ranking. The average growth rate of the Fast 50 companies named in this year’s ranking is 361%.
Learning Pool’s consistent and sustained revenue growth over the last five years is particularly impressive considering that the company is 100% founder owned. Paul McElvaney commented “The future for Learning Pool is incredibly bright with a competitive cost base, well respected brand and products that are fit for purpose. Winning this recognition for the fifth year running is a timely endorsement of our strategy of investing for growth and this trend is set to continue well into the future.”
Announcing the winners of the Technology Fast 50 programme, David Crawford, Partner with Deloitte Belfast said: “The confidence that the Fast 50 companies have in terms of expanding abroad is particularly apparent this year. We are now seeing an emerging trend of Irish companies looking to acquire abroad, either to enhance their intellectual property or grow their sales channel. This trend demonstrates the maturing of the technology sector in Ireland and shows the possibility of creating truly global companies here.”
The awards took place in the Titanic building in Belfast on Friday 8 November. Paul Lee, Head of Global Research for Technology, Media and Telecommunications at Deloitte was keynote speaker at the event. Media sponsors included the Sunday Business Post and Ulster Business and corporate sponsors of the event were Invest NI.
Details of the final Technology Fast 50 ranking list.