iData Ltd qualified 17th Technology Fast 50
Press Release, 25th October 2012, Budapest
Deloitte has, on the 13th occasion, launched its “Technology Fast 50” competition which ranks Europe's fastest growing technology companies regionally and nationally. The award is one of the best known measures which honors technology firms and the ranking here means gaining significant national and international acclaim among competitors. Competing in Fast 50 does not only increase the visibility of the firm, but it also indicates professional credibility.
At ranking, the growth rate of firms is examined based on the revenue data over five years. Eligibility criteria include the requirement for technology which greatly contributes to the company's revenue, and that a significant part of that revenue is reinvested in technological research and development.
iData Ltd was ranked at number two in Hungary and at number seventeen in the Central European Region in the European competition.