DigitalWell ranked 30 in the Deloitte 2022 Technology Fast 50 Awards

The Deloitte Technology Fast 50 Awards is one of Ireland’s foremost technology award programmes. It is a ranking of the country’s 50 fastest-growing technology companies based on revenue growth over a four-year period, and this year marks 23 years of the programme celebrating innovation and entrepreneurship in Ireland’s indigenous technology sector.

Cumulatively, the 2022 Fast 50 winners generated approximately €500m in total annual revenues and employed over 5,500 people in 2021. The average revenue of companies featured in the ranking was approximately €10 million, while the average growth rate of the companies over the last four years was 594%. The awards programme also saw 17 new entrants appearing on the ranking for the first time, seven of which were in the top 10. There was also an increase in the number of female CEOs in the ranking with seven organisations led by females making the list.

This year’s ranking features companies from all four provinces with eight counties represented in the rankings. 29 companies are Leinster-based, eight are from Munster, nine are from Ulster, and there are four representatives from Connacht.

Announcing the winners of the Deloitte Technology Fast 50 programme, David Shanahan, Partner, Deloitte said: “Congratulations to all of the companies that ranked this year. As the business environment becomes more complex, the Irish technology sector has shown great resilience and tenacity. This year’s ranking shows growth across a broad range of sectors with companies coming up with innovative solutions to address changing consumer and business demands while faced with adversity. It’s also encouraging to see so many new entrants, including seven in the top ten. Despite the challenges of late, the Irish indigenous tech sector continues to succeed.”

In addition to announcing the ranking of the Fast 50 companies, the Deloitte Technology Fast 50 Awards included a number of award categories. The winners of these awards this year were:

• Scale Up Award in association with Scale Ireland

Winner: MCO (MyComplianceOffice)

This award recognises a company that has demonstrated an impressive ability to scale up or expand overseas over the last four years.

• Innovative New Technology Award in association with Google

Winner: Thinscale

This award is for a company that has created or introduced a new or innovative product or service to international markets that has helped grow their business over the last four years.

• Impact Award in association with Meta

Winner:  TEKenable

This award is for a company that has made a significant impact within the current year.

• Advocate for Women in Technology Award in association with Indeed

Winner: Andrea Reynolds, CEO Swoop Funding

This award will be given to an individual who has demonstrated through their actions that they are an advocate for increasing participation by and promotion of women in the technology sector.

• Alumni Award

Winner: TransferMate

This award acknowledges a company that has played a major role in the Fast 50 programme to date. This year’s recipient, TransferMate, has featured four times in the ranking to date.