London (8th December, 2011) – Kenshoo (www.kenshoo.com), a global leader in digital marketing software, today announced that it is 16th on the Deloitte Technology Fast 500 EMEA 2011, a ranking of the fastest growing technology companies in EMEA. Rankings are based on percentage revenue increase over five years and Kenshoo grew 5,926 percent during this period.
Kenshoo’s European Managing Director, Chris Ward, credits innovation and the scalability of the robust technology for the company’s tremendous revenue growth over the past five years. He said, “To be ranked so highly on this established barometer along with such innovative industry leaders is a great success and testament to Kenshoo’s committed investment.”
Ward added, “We pride ourselves in being at the forefront of technological advancement for search, social, and digital marketing, creating cutting-edge high-performance platforms that, through a process of continual evolution, are always ahead of the game. Ultimately, though, none of this would be possible without the trusted support of our customers and partners so we share this achievement with them.”
“Making the Deloitte Technology Fast 500 EMEA ranking is a testament to a company’s commitment to technology,” said David Halstead, Deloitte United Kingdom and partner in charge of Deloitte Technology Fast 500 EMEA program. “With its 5,926 percent growth rate over five years, Kenshoo has proven that its leadership has the vision and determination to grow in difficult conditions.”
Overall, companies that ranked on the Deloitte Technology Fast 500 EMEA 2011 program had an average growth rate of 1,287 percent, placing Kenshoo’s growth rate at nearly five times the average. Kenshoo’s European operations continue to expand with the recent opening of offices in France and Germany to complement the company’s UK hub.
Deloitte Technology Fast 500 EMEA selection and qualifications
The Technology Fast 500 list is compiled from the Deloitte EMEA Technology Fast 50 programs, nominations submitted directly to the Technology Fast 500, and 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 €80,000.
Entrants must also be public or private companies headquartered in EMEA and must be a “technology company,” 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.
Kenshoo is a digital marketing software company that engineers technology solutions for search marketing, social media and online advertising. Advertisers, agencies and marketing providers use Kenshoo Enterprise, Kenshoo Local and Kenshoo Social to direct more than $15 billion in annual customer sales revenue. The Kenshoo Universal Platform delivers automation, business intelligence, integration and scale to make better marketing investments. Kenshoo powers 6 of the top 10 retailers in the world, 6 of the top 10 hotel groups, 7 of the top 10 telecoms, 8 of the top 10 ad agency networks, and 22 of the Fortune 50 companies. With campaigns running in more than 100 countries, Kenshoo customers include Annalect, Barnes & Noble, CareerBuilder, Facebook, Havas Digital, Hitwise, iREP, John Lewis, LendingTree, Sears, Starcom MediaVest Group, Tesco, Travelocity, Walgreens, and Zappos. Kenshoo has more than 10 international offices and is backed by Sequoia Capital and Arts Alliance. Please visit www.Kenshoo.com for more information.
About Deloitte Technology Fast 500 EMEA
The Deloitte Technology Fast 500 is the region’s most objective industry-ranking standard to focus on the technology field and recognizes technology companies that have achieved the fastest rates of revenue growth in Europe, the Middle East and Africa during the past five 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, telecom, semiconductors, internet, media, life sciences and emerging areas, such as clean technology.
The program 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 Deloitte Touche Tohmatsu Limited’s Technology, Media & Telecommunications (TMT) global industry group. Co-sponsors include Taylor Wessing, a leading international law firm with a focus on the industries of tomorrow, and Fidelity Growth Partner of Europe, a venture and growth capital investor which backs entrepreneur with aspiration for greatness in the IT and clean technology sectors across Europe.
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte Touch Limited and its members firms.
Deloitte provides audit, tax, consulting, and financial advisory services to public and private clients spanning multiple industries. With a globally connected network of member firms in more than 140 countries, Deloitte brings world-class capabilities and deep local expertise to help clients succeed wherever they operate. Deloitte’s approximately 170,000 professionals are committed to becoming the standard of excellence.
Kenshoo is a trademark of Kenshoo Ltd. Other company and brand names may be trademarks of their respective owners.