Grove Group today announced that it ranked Number 14 in the 2011 Deloitte Technology Fast 50, a ranking of the 50 fastest-growing technology companies in the UK. Rankings are based on percentage revenue growth over five years. Grove Group has grown 1716% since 2006 and expecting to continue with this rapid growth in the future.
David Halstead, Partner leading the Deloitte Technology Fast 50, said: 'The Deloitte Technology Fast 50 gives great profile to technology companies and is internationally recognised as being one of the most important business awards in the sector.'
The 2011 Deloitte Fast 50 shows that tremendous growth rates are still possible, with internet and software sectors showing particular strength and making up over half (56%) of the companies in the Fast 50 ranking.
The Technology Fast 50 awards are an opportunity for businesses to gain recognition for their successes and achievements over the last five years. This year's ranking highlights the importance of finding a niche product or service to beat the recession.
The CEO of Grove Group, Philip Witheridge, commented that "we are proud to be recognised by Deloitte for a second year running, a feat that is not easily attainable. None of this would have been possible without a dedicated team, offering superb well integrated solutions, to a loyal and satisfied client base.
*Notes to Editor: Grove Group is a Google Enterprise Partner recognised by the Deloitte Fast50 as the 14th fastest growing technology company in the UK and ranked 76th in the Deloitte Fast500 EMEA. Grove serves 367,858 users globally across 1,800 organisations in 32 countries. Grove Group strives to bridge the gap between cloud and on-premise solutions.