TAGEOS ENTERS DELOITTE’S TECHNOLOGY FAST 500 EMEA 2015
Tageos ranked the 103th fastest growing technology company in the Deloitte Technology Fast 500 EMEA 2015
FOR IMMEDIATE RELEASE
MONTPELLIER, France and BENTONVILLE, Arkansas (December 3, 2015) – Today, Tageos announced that it ranked number 103 on the Deloitte Technology Fast 500 EMEA 2015, a ranking of the 500 fastest growing technology companies in EMEA. Rankings are based on percentage revenue growth over four years.
Tageos grew 859 percent during this period.
Tageos’ CEO, Matthieu Picon, credits 859 percent revenue growth over the past five years to the great revenue increase with the company’s existing end-users and to the development of its distribution network in Europe, South America and Asia. He said, “Tageos has worked hard during the past year to set up its channel sales strategy. We have established agreements in Europe, South America and Asia, and Tageos is in the process of strengthening its presence in the US”.
“Achieving such high sustained revenue growth of 859 percent over four years is a tremendous achievement. It is a delight to honour Tageos for this by naming them in the Deloitte Technology Fast 500” said David Cobb, Deloitte UK and partner in charge of the Deloitte Technology Fast 500 EMEA programme.
In addition to ranking in the Deloitte Technology Fast 500, Tageos ranked 13 in the France Deloitte Technology Fast 50, which is a ranking of the 50 fastest growing technology firms in France.
Deloitte Technology Fast 500 EMEA selection and qualifications
The Technology Fast 500 list is compiled by the Deloitte EMEA Technology Fast 50 programme, nominations submitted directly to the Technology Fast 500, as well as public company database research. To qualify for the Technology Fast 500, entrants must have had base-year operating revenues of at least €50,000 and current-year operating revenues of at least €800,000.
Entrants may be either public or private companies but must be a ‘technology company’, headquartered in EMEA. A ‘technology company’ is defined as a company that develops or owns proprietary technology that contributes to a significant portion of the company’s operating revenues, or manufactures a technology-related product, or devotes a high percentage of effort to the research and development of technology. Using other companies’ technology in a unique way does not qualify.
Tageos designs, manufactures and sells globally patented 100% paper-based passive UHF RFID labels for item-level tagging of consumer goods and business assets that are significantly lower-cost yet match the performance of alternative plastic inlay-based tags. The Tageos product range of ready-to-use RFID labels is extensive, allowing customers to conveniently label a variety of items of various shapes and sizes. Leading RFID labs, including the University of Auburn and the European EPC Competence Center (EECC), certify Tageos’ labels. The company is based in Montpellier, France, and has sales offices in Bentonville, Arkansas. Tageos is a member of RAIN RFID Alliance. For more information about Tageos, visit www.tageos.com or follow us on Twitter @Tageos. Tageos is a registered trademark of Tageos SAS.
About Deloitte Technology Fast 500™ EMEA
The Deloitte Technology Fast 500 EMEA programme is the region’s most objective industry-ranking to focus on the technology field, recognising technology companies that have achieved the fastest rates of revenue growth in Europe, the Middle East, and Africa (EMEA) during the past four years. Combining technological innovation, entrepreneurship and rapid growth, Fast 500 companies – large, small, public and private – span a variety of industry sectors, and are leaders in hardware, software, communications, media, life sciences and clean technology.
The programme is supported by the Deloitte Technology Fast 50 initiatives, which rank high growth technology companies by location or specifically defined geographic area and is run by the Deloitte Touche Tohmatsu Limited’s Technology, Media & Telecommunications (TMT) global industry group. Co-sponsors include Eight Roads, a venture and growth capital investor which backs entrepreneurs with aspiration for greatness in the IT and clean technology sectors across Europe, Silicon Valley Bank, the premier bank for technology, life science, private equity and premium wine businesses and Taylor Wessing, a leading International law firm with a focus on the industries of tomorrow. More information on the programme and prior year winners is available on www.deloitte.com/fast500emea.
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The information contained in this press release is correct at the time of going to press.