Wireless Logic ranks in the UK's fastest growing tech firms

Wireless Logic has been named in the 2011 Deloitte Technology Fast 50, a ranking of the 50 fastest-growing technology companies in the UK.

To determine the fastest-growing companies, Deloitte reviewed fiscal year revenues over the last five years, calculated the revenue growth percentage, and compared the growth of all the entered technology companies. Making this list is a significant accomplishment for Wireless Logic.

Oliver Tucker, Managing Director of Wireless Logic explains that such rapid growth is testimony to a lot of hard work by the Marlow-based team: “We operate in one of the most competitive and dynamic technology sectors. The world of M2M applications and connectivity is continually evolving; our growth reflects the dedication and skill of the Wireless Logic personnel who are delivering best in class connectivity solutions to our clients throughout the UK and Europe.”

Philip Cole, Sales and Marketing Director, EMEA, Wireless Logic continues: “We are investing in our people and in our industry-leading communication platforms – by doing this, we will be armed to meet the increasing demands put on us – we’re talking value-driven services and solutions. It’s great to have our growth acknowledged through this highly respected league table.” 

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. Being one of the fastest growing technology companies in the UK is an impressive accomplishment. We commend Wireless Logic for making the Deloitte Technology Fast 50 with a phenomenal growth rate of over 698% over five years.” 

To find out more, go to www.fast50.co.uk