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Israel 2012
Ahead of the Game
Foreword
I am delighted to introduce our Technology Fast 50 Israel 2012 w
inners. N
ow in our 13en year, w
e are pleased to showcase som
e of Israel’s fastest grow
ing technology companies, w
hich have continued to achieve extraordinary grow
th, even in today’s challenging environment.
The global technology sector was never m
ore leading, prevalent and dom
inant as it is today. In this year’s “Best Global Brand 2012” report,
published by Interbrand earlier this month (O
ctober), 6 out of 10 leading global brands w
ere technology companies.
The local technology sector in Israel is also continuing to grow, develop, and
create more and m
ore new start-up com
panies; in the last decade alone, 753 Israeli technology com
panies were acquired in the am
ount of 34 billion dollars (source: IV
C Research C
enter); and according to the 2012 Global
Venture Capital Confidence Survey from
Deloitte and the N
ational Venture Capital A
ssociation, the global venture capital industry still sees Israel as one of the m
ost attractive targets for investment.
Much has been said about Israel’s financial stability during the global
economic crisis w
hich struck the world in the past few
years, that was m
ainly due to its financial and banking industries, but it is im
portant to note and to recognize the contribution of the Israeli technology industry to the creation of stability and grow
th during unstable times.
I trust you will find this year’s Technology Fast 50 w
inners inspirational as they have em
braced change, adopted new technologies and brought
innovative solutions to the market place and dem
onstrated continued growth
in unstable environment. Businesses like these deserve the accolade of being
a Deloitte Technology Fast 50 w
inner. I would like to congratulate this year’s
winner, m
yThings, for their leap to prominence through an exceptional 5-
year average growth rate of 7,830%
.
Tal Chen, C
PAPartner, Leader of the Technology, M
edia &
Telecomm
unications IndustryD
eloitte Brightm
an Alm
agor Zohar
We co
ngratulate all th
e com
pan
ies in o
ur rankin
g fo
r their
tremen
dous g
row
th in
the p
ast 5 years, an
d w
ish th
em every
success in 2
013.
GlobalThe Deloitte Technology Fast 50 program is part of the Global Fast 500 program which is conducted in three regions:Asia Pacific Australia, China, India, Japan, New Zealand, South Koreaand Taiwan.Europe, the Middle East and AfricaAfrica, Belgium, Central Europe, England, Finland, France, Germany, Ireland, Israel, Netherlands, Norway, Sweden and Turkey.North America Canada and United States.
LocalThis is the 13th year that Deloitte Brightman Almagor Zohar is conducting the program in Israel.
ParticipantsThe Fast 50 winners list consists of Israeli technology companies that match the program criteria, as detailed below. Private companies are independently nominated and public companies are automatically nominated based on their financial reports.
Growth Measured by RevenuesThe 2012 Israeli Fast 50 program ranks Israeli technology companies based on their five-year revenue growth in percentages between 2007 and 2011 based on audited figures.
CriteriaTo be eligible for the Deloitte Technology Fast 50 Program, your company must meet the following criteria:
1. Be a technology company, defined as: • Must own proprietary intellectual property or proprietary technology that contributes to a significant portion of the company’s operating revenues.
• Devote a significant proportion of revenues to research and development of technology (using other companies’ technology in a unique way does not qualify).
2. Revenues for 2007 must be at least 50,000 Euro and revenues for 2011 must be at least 800,000 Euro 3. Headquarter located in Israel.
The Benefits of Being a WinnerAs a Technology Fast 50 winner, the company enters an exclusive international community which includes other technology companies from around the globe. Membership in this group provides the company opportunities to leverage the company’s business development and achieve it’s goals.
These opportunities include:
• Media exposure and recognition from financial and business communities around the world.
• Exposure to the Deloitte Global Networking: Enables the winning companies to approach leading Deloitte Technology Media and Telecommunications executives from around the world who work with the biggest and most prestigious companies in the industry. This allows winners to present the company to the network in order to create business opportunities.
• The opportunity to network with other Israeli technology companies, VCs and business organizations at the Fast 50 awards event.
• Automatic registration to the EMEA Technology Fast 500 program along with technology companies from all over EMEA. This year, the event will be held in London on the 29th of November 2012. All winners will be exposed to the entirety of the Fast 500 winners. They will also be assisted by the local Deloitte office and practitioners in each country, in order to contact and network with any of the winning companies around the world.
The fast facts demonstrates the sector and the average growth, while reflecting on the change in trends from 2011. The 2012 Technology Fast 50 companies achieved an average revenue growth over five years of 677%, compared to 887%, in the previous year. The top 10 companies grew on average by 2,725%. The overall winner is MyThings, demonstrating a very impressive five-year revenue growth rate of 7,830%. Private companies comprise 56% of the 2012 Technology Fast 50 list. The leading sector among the winners of 2012 is the Software sector, with 38% of the winning companies. The subsequent sector this year is the Telecommunications/Networking sector with 20% of the winning companies.
Fast facts
Number of companies represented by industry sector:
Telecommunications / Networking
10 (20%)
Cleantech
2 (4%)
Computers /Peripherals
3 (6%)
Software
19 (38%)
Biotech /Pharmaceuticals /Medical Equipment
6 (12%)
Internet
6 (12%)
Semiconductors /Components /Electronics
4 (8%)
About the Technology Fast 50 ProgramThe Deloitte Brightman Almagor Zohar Technology Fast 50 program is a prestigious annual award honouring the fastest growing technology companies in Israel, based on the percentage of revenue growth over a five-year period.
Five-year average revenue growth:
Top 54,370%
Top 102,725%
Top 251,246%
Top 50677%
Company five year average growth by sector:
Computers / Peripherals160%
Software511%
Cleantech147%
Biotech / Pharmaceuticals /Medical Equipment407%
Semiconductors /Components / Electronics 159%
Internet2,749%
Telecommunications / Networking 376%
Sponsored by:
chicse.com
Igal BrightmanChairman & CEO+972 (3) 608 5451 [email protected]
Tal ChenLeader of the Technology, Media & Telecommunications Industry+972 (3) 608 5580 [email protected]
ServicesAssurance & AdvisoryAsher Mechlovich+972 (3) 608 5524 [email protected]
TaxYitzchak Chikorel+972 (3) 608 5511 [email protected]
Jacob Houlie +972 (3) [email protected]
Audit - Growth CompaniesShlomi Anfang+972 (3) 608 5550 [email protected]
David Gotlieb+972 (3) 608 5296 [email protected]
IncentivesNadav Gil+972 (3) 608 5547 [email protected]
Shai Nagor+972 (2) 501 8862 [email protected]
Marketing and Business DevelopmentEden Dvir+972 (3) 608 5569 [email protected]
ContactsFind out how our specialists can assist you
Visit us at:www.fast50.co.il
