NEXTDC tops Deloitte Tech Fast 50 and named Australia's fastest growing technology company

NEXTDC Limited, Australia's leading Data-Centre-as-a-Service provider, has been named Australia's fastest growing communications company and fastest growing technology company at Deloitte Australia's 2014 Technology Fast 50 awards held at the Sydney-based ASX on Thursday 13 November.

NEXTDC was placed No.1 on this year's list with a staggering 3626 percent growth, more than double that of last year's winner.

The Tech Fast 50 program recognises and profiles Australian technology companies, public or private, that have achieved the fastest rates of annual revenue growth (based on percentage revenue growth over the last three years).

Joshua Tanchel, the leader of Deloitte's Tech Fast 50 Program said "This year's winner is a standout. Almost doubling last year's revenue growth, NEXTDC is already one of Australia's fastest growing designers, developers and operators of a network of data centres".

NEXTDC CEO Craig Scroggie commented "Building great companies is a lot of hard work and we have been very fortunate to have a passionate and dedicated team of people who come to work every day to build a great business".

"We have also been very lucky to have a great customer base who recognise we are doing something special, but importantly as a listed company we have been very privileged to have a supportive base of shareholders that have given us what we have needed in order to grow, so it's a great honour to receive this recognition" said Mr Scroggie.

The total revenue of the companies in the 2014 Tech Fast 50 index sits at an impressive $1.8B, up from $1.7B in 2013, with average three-year revenue growth for this year's winners of 351 percent, up from 222 percent in 2013.

Deloitte Technology Fast 50 winners receive exposure and recognition from media and industry and become part of an exclusive network of high performing technology companies.

For more info visit the Deloitte Tech Fast 50 website, download the official winners report or visit the official Slideshare site.

To speak to one of the NEXTDC team email sales@nextdc.com or call 13NEXT.

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