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Awards

Home / Archives for Company News / Awards

5th Year in a row at Deloitte Fast 50 Awards

4th November 2016

Emydex Technology Fast 50 Award 2016

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

 

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Emydex Customers double-winners at the Irish Agribusiness Awards 2015

9th December 2015

On the 8th December 2015, at the Double Tree Hilton Dublin, the key players in Irish Agribusiness as well as and industry professionals gathered for Ireland’s inaugural Agribusiness Awards.

Emydex Technology were proud sponsors of the Agribusiness Use of Technology Award, for which there were six nominees. The eventual winner on the night was Dairymaster, a new technology system controlling everything to do with milking, feeding and animal health in milking parlours.

It was highly successful night for two Emydex customers, who each scooped two of the major awards on the evening including Beef Processor of the Year for Dawn Meats, winning over the ABP group, and Oliver Carty who won the Pork Processor of the year Category. Oliver Carty’s Managing Director Ted Carty, along with Justin Lennon, Key Accounts Manager collected their award on the night.

AgriBusiness-Oliver-Carty-awards
Oliver Carty
Agribusiness2015DawnMeats
Dawn Meats

The Agribusiness Awards were launched to recognise and celebrate the organisations and individuals whose hard work and dedication has contributed to Ireland’s position as a global leader in this sector.

The awards ceremony was hosted by Irish comedian Colm O’Regan, who most definitely brought the fun factor to the night. He entertained guests from start to finish and engaged with every table in the room.

There were 15 awards in total, which covered a multitude of areas within the sector.

Agribusiness Awards 2015

Full details of award winners are available at agribusinessawards.ie

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4th Year at Deloitte Fast 50 Awards 2015

13th November 2015

Deloitte Fast 50 Winner

Growth attributed to International expansion in Africa and Australia

Emydex Technology are delighted to have ranked at the Deloitte Technology Fast 50 Awards for the 4th Year in a row. The Deloitte Technology Fast 50 is a ranking of the 50 fastest growing technology companies in Ireland. The ranking system changed slightly this year in that rankings are now based on average cumulative percentage revenue growth over the past four financial years, as opposed to five years, which was previously the case. Emydex placed in 30th position based on cumulative revenue growth of 229% over the last four years.

Emydex supply factory floor software for food processors, to monitor, control and report in real time, on all stages of the production process, allowing for full traceability of food products from farm to fork.

David McMahon, Emydex CEO, attributes Emydex’s continued success to global expansion, securing new customers overseas. “Emydex software today operates in over 80 Meat, Fish and Food Processing Plants around Ireland, the UK, France, Namibia, Botswana and Australia.”

The Fast 50 programme, now in its sixteenth year in Ireland, ranks the fastest growing technology companies in the Republic of Ireland and Northern Ireland. All four provinces took home awards this year, with 30 winners from Leinster, 11 from Ulster, 7 from Monaghan and 2 from Connaught.

The awards took place in the Double Tree by Hilton Dublin, on Friday 13th November 2015. Joan O’Connor, Partner, Deloitte said “This year, we not only celebrate the importance of and contribution that these Irish indigenous companies make, but we also acknowledge the evolving and symbiotic relationship between multinationals and indigenous companies.”

Details of the final Deloitte Technology Fast 50 ranking list are available to download at www.fast50.ie

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Emydex Technology ranked 17th in Deloitte Technology Fast 50 2014

10th November 2014

Emydex attributes its growth to new customer wins in Southern Africa and Seafood Processing Industries

Dublin, Ireland, 10 Nov 2014 – Emydex Technology today announced that it ranked number 17th in the 2014 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, over which period Emydex revenues grew by 400%. This is Emydex’s 3rd year in a row making the Deloitte Fast 50 listing. Last year the company ranked in 16th position in Ireland, also achieving the EMEA Technology Fast 500 listing.

The company supplies factory floor data capture and production reporting software systems to food processors, enabling them report on production yields, stocks, and traceability information in real-time. Emydex’s CEO, David McMahon, credits keys wins in new overseas markets such as Namibia and Botswana, as well as new industries such as Infant Formula and Seafood Processing with the company’s growth over the past five years. He said, “Emydex is the clear market leader in our field of expertise in Ireland, and one of the leading suppliers in the UK. Today over 35 customers operate Emydex software systems in over 70 meat and food processing plants. Now the focus turns to taking the success story further afield into International markets such as Australia, New Zealand, Southern Africa as well as South America.”

The Fast 50 programme, now in its fifteenth year in Ireland, ranks the fastest growing technology companies in the Republic of Ireland and Northern Ireland. This year, there are 13 companies from Northern Ireland in the ranking. The average growth rate of the Fast 50 companies named in this year’s ranking is 276%.

Details of the final Technology Fast 50 ranking list are available to download atwww.fast50.ie

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Deloitte Fast 50 Awards 2013

17th November 2013

Sunday Business Post

Emydex at the Deloitte Fast 50 Awards 2013.

David McMahon, chief executive of Emydex Technology, is no stranger to the Deloitte Technology Fast 50 awards. McMahon previously managed tech firm, Labyrinth, which also ranked in 16th place in 2002’s Fast 50 listing.

This year’s Emydex listing was secured on foot of a 362 per cent growth in the company’s revenue since 2008, and represents a climb of ten places since last year’s Fast 50 listing, when Emydex was placed 26th, based on revenue growth of 269 per cent.

Emydex Technology fast 50 2013

”Back in 2002, 240 per cent growth was enough to rank 16th, versus 362 per cent required in 2013, and this was despite 2002 being the height of the dotcom boom time. It was also despite the inclusion of technology giants such as Cyril McGuire’s Trintech, Sean Kelly’s eTel and Chris Horn’s Iona Technology,” said McMahon.

Emydex was founded in 2004 by Redmond Burke and James Grennan, both of whom had worked with Scanvaegt Ireland, now Marel, one of the world’s largest suppliers of industrial hardware systems to food processing industries.

McMahon joined Emydex in 2009, and was appointed chief executive when Burke stepped down as managing director in 2010. Emydex sells factory floor production reporting and traceability systems for food producing groups, including Dawn Meats, Kepak, Dunbia, and Moy Park.

McMahon said Emydex had a balanced focus on increasing revenues and keeping existing customers happy. ”Ireland is too small, so you have to ensure your existing customers remain happy customers, as it these that will ultimately drive the future sales to your next customers.”

Food processors use Emydex software to manage production lines, control stocks, and report on food chain traceability as well as yields, costs and giveaways. The company employs 22 people, mainly programmers, but expects to create 18 new jobs in the next 18 months.

”We are actively recruiting an additional five .Net programmers on foot of new contracts won,” said McMahon.

January’s horsemeat scandal served as a wake-up call for the food sector globally, he said. “Since the scandal, we have definitely seen a rise in the number of inbound enquiries with technology-based traceability and food safety management systems firmly back on boardroom agendas.”

With more than 50 plants using Emydex software in Ireland, Britain and France, the company’s focus is on extending its global reach.

”We are working on a number of opportunities in Southern Africa – in Namibia, Botswana and South Africa – right now, with local partners and support from Enterprise Ireland. We are on the verge of signing our first contract there before year-end,” McMahon said, who credits the company’s niche market as the reason for its growth in the past five years.

”There are opportunities and temptations to expand our product and service offerings in new directions, such as supplying industrial hardware in addition to software, or supplying software systems into new industries. However, by learning to say no’ and focusing instead on what you are really good at – your core strengths – you get successful project rollouts, satisfied and happy customers, that drive future growth.”

McMahon said the Deloitte accolade would help to attract valuable new talent. ”As a Fast 50 fast-growing company, we are going to need plenty more programmers to allow the company to grow its people in line with revenue growth, having won new customers,” he said. ”What is most important to me is that we build a greater awareness of Emydex Technology among the established network of talented programmers out there, so that we might attract more applicants for the .Net programming jobs we have available.’

Details of the final Technology Fast 50 ranking list are available to download at www.fast50.ie

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Emydex climbs 10 places in Deloitte Fast 50 awards 2013

11th November 2013

Emydex Technology fast 50 2013

Emydex attributes growth to niche focus on providing Traceability Software solutions for Food Processors

Emydex Technology today announced that it ranked 16th 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, which for Emydex represents 375% growth since 2008. This year’s result represents a climb of ten places over last year’s Fast 50 ranking when Emydex achieved 26th position

Emydex’s CEO, David McMahon, credits Emydex’s single minded focus on providing data capture & production reporting software systems to leading Food Processing companies with the company’s growth over the past five years.

“There are many opportunities and temptations to expand Emydex’s product and service offerings in new directions, such as supplying industrial hardware in addition to software, or supplying software systems into new industries, but by sticking to the knitting and focussing on what you are really good at, makes for successful project roll-outs, and happy customers, and that’s what ultimately drives growth.” said David McMahon, Emydex CEO

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%.

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.

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Filed Under: Awards

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