Inkjet Manufacturer In Top 50 Regional Businesses
Deloitte and Touche has unveiled its seventh annual ranking of the UK Eastern Regions fastest growing technology companies, which included inkjet printer manufacturer Domino Printing Sciences.
Deloitte and Touche has unveiled its seventh annual ranking of the UK Eastern Regions fastest growing technology companies, which included inkjet printer manufacturer Domino Printing Sciences.
In addition to being placed on the list, Domino was also awarded the Mills and Reeve Sustained Contribution Award for the greatest sustained contribution to the regions technology economy over the last decade.
Deloitte created the Technology Fast 50 to reach out to UK technology companies and champion innovation.
The programme seeks out those companies that have shown sustained growth rates in the telecommunications, hardware, software and biotechnology markets over a five-year period.
This years programme considered growth between 1999 and 2003.
The growth rates of technology companies in seven regions in the UK and Ireland are tracked, with a national ranking subsequently announced in December 2004.
All companies considered for the award must be based in the Eastern region, must be technology-intensive or use unique technology in problem solving, or must devote a high percentage of effort to research and development.
David Halstead, technology, media and telecommunications partner at Deloittes Cambridge office, commented: "This year the criterion of entry for the Deloitte Technology Fast 50 changed and celebrated companies that have achieved high revenue growth over a five year period, rather than three - as has been the case in the past.
We recognise that the sector needs to re-establish its credibility after a challenging period and that this can be easily achieved by demonstrating the clear underlying endurance of the regional market place.
These companies have all shown tremendous stamina, defied market conditions and continued to grow despite the turbulence of the market over the last five years.
Achieving growth has remained the single biggest challenge faced by the technology sector and it is fantastic to see that the Eastern region is continuing to demonstrate its resilience." Nigel Bond, managing director at Domino said: "We are delighted to have once again achieved a ranking in the Fast 50 list and also to have won the Mills and Reeve Sustained Contribution Award.
The awards recognise our consistent growth, innovation, and success over the past five years.".
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