Emydex Technology are delighted to be included in the Deloitte Technology Fast 50 Awards for the 5th year in a row, achieving some 528% cumulative growth in revenue since the first year entered.
The awards, which are in their seventeenth year in Ireland, recognise the contribution of indigenous companies to the overall technology sector in Ireland, and indeed the overall economy. Cumulatively, the 2016 Fast 50 winners generated approximately €1.6 billion in total annual revenues in 2015.
Emydex supply Factory Floor Software systems to market leading Meat, Fish and Food Processing companies around the world. Today Emydex’s Production Management Software is running in over 80 processing plants, spread across Ireland, the UK, Europe, Southern Africa and Australasia.
David McMahon, Emydex CEO attributes ongoing success to global expansion “Today Emydex are signing up more International customers than domestic ones, seven new customers in 2016 include companies in Australia, South Africa, Canada and the Philippines.”
The awards took place in the Double Tree by Hilton Dublin, on Friday 04th November 2016. Joan O’Connor, Partner, Deloitte said “We are delighted to be recognising these exceptional and innovative Irish companies. Their contribution to the technology sector is critical to the success of the industry overall in Ireland and it is clear from the turnover derived from exports that they are having considerable success in global markets also. This ambition is hugely encouraging to see and will be increasingly important in a post-Brexit marketplace, where pressure on margins may necessitate diversification into other markets. For this reason, and due to the wealth of opportunity that presents itself, we expect developed and emerging markets to be increasingly important for Irish technology companies. The success that has been achieved to date by the indigenous technology sector leaves them well placed to capitalise on this momentum.”
Details of the final Deloitte Technology Fast 50 ranking list are available to download at www.fast50.ie
