Adrian J Cotterill, Editor-in-Chief
London, UK based boutique outdoor media owner, Ocean Outdoor is ranked number 380 on the Deloitte Technology Fast 500 EMEA 2014, a ranking of the 500 fastest growing technology companies in EMEA.
Rankings are based on percentage revenue growth over five years – Ocean grew 429 percent during this period!
Ocean CEO, Tim Bleakley told us “Ocean is in the second phase of a three stage development programme following our leveraged buyout backed by LDC in 2012. Since then we have doubled our investment in sales and marketing, introduced some outstanding new technical capabilities through our Ocean Labs division and acquired Signature Outdoor, the market leader on premium large format outdoor media in Birmingham and the West Midlands.
“2015 will be no different was we look to expand our presence further in the super premium digital out of home marketplace both in the UK and into Europe.”
David Halstead, Deloitte UK and partner in charge of the Deloitte Technology Fast 500 EMEA programme said “Securing a position in the Deloitte Technology Fast 500 is an impressive feat, especially in the highly competitive and rapidly changing environment of the technology industry”.
“We congratulate Ocean on being among the most dynamic and successful technology companies in the region.”
The Technology Fast 500 list is compiled by the Deloitte EMEA Technology Fast 50 programme, nominations submitted directly to the Technology Fast 500, as well as 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 €800,000.
Entrants may be either public or private companies but must be a ‘technology company’, headquartered in EMEA. A ‘technology company’ is 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.
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