Innofactor eighth year in a row on Deloitte’s Technology Fast 50 list

30.11.2015 00:00

Innofactor Plc (Nasdaq OMX IFA1V) is on place 25 in the 2015 Technology Fast 50 list into which Deloitte collects the 50 technology companies in Finland that have grown the most in the past five years. Innofactor has been on the list eight years in a row, since 2008.

Despite great growth percentages, the challenging financial situation has not been easy for growth companies in the technology sector. “Compared to the last couple of years, the growth speed of technology companies has slowed down. That is why it is especially great that, despite the challenges, we once again have a list full of fast-growing companies,” says Jukka-Petteri Suortti, the leader of Deloitte’s Technology, Media & Telecommunications branch.

For the 11th time, Deloitte’s Technology Fast 50 was looking for Finland’s fastest growing technology companies. In the listing, the meter for growth was the increase in net sales during the past four years (2011-2014). Through the Technology Fast 50 program, Deloitte supports visibility and growth of Finnish growth companies both at home and abroad.

Additional information:

Sami Ensio, CEO
Innofactor Plc
Tel: +358 50 584 2029

Innofactor
Innofactor is one of the leading Nordic IT solution providers focused on Microsoft platforms. Innofactor delivers business critical solutions and maintenance services as a system integrator and develops its own software products and services. Innofactor’s own product development is focused on Microsoft’s Windows Azure-based cloud solutions. Innofactor's customers include approximately 1,000 private and public sector organizations in Finland, Denmark, Sweden, and elsewhere in Europe. The company has over 400 motivated and skilled employees in several locations in Finland, Denmark and Sweden. From 2010 to 2014, Innofactor's annual net sales growth has been 45% on average. Microsoft has named Innofactor Plc as the Finnish Partner of the Year in 2015. Innofactor was also selected into the Microsoft’s international finals in two categories. The Innofactor Plc share is listed in the technology section of the main list of NASDAQ OMX Helsinki Oy. www.innofactor.com