EssentialSkillz ranked as Galway’s fastest growing tech in Deloitte Fast 50

Co-founders Michelle a nd Tony Dervan receiving the Deloitte Fast 50 award on behalf of EssentialSkillz.

Co-founders Michelle a nd Tony Dervan receiving the Deloitte Fast 50 award on behalf of EssentialSkillz.

The recent success of EssentialSkillz in world markets was recognised by Deloitte in their Technology Fast 50 Awards for 2015. The awards, according to Deloitte, demonstrate the strength of the indigenous technology sector in Ireland. Cumulatively, the 2015 Fast 50 winners generated approximately €480 million in total annual revenues in 2014. The average revenue of companies featuring on the ranking was €9.5 million, while the average growth rate of the companies over the last four years was 540%.

EssentialSkillz provide online compliance training and risk assessment software to SMEs and Enterprises worldwide. Established in Galway in 2001 EssentialSkillz has offices in the UK, USA and Ireland and is recognised as a market leader for Health and Safety eLearning.

CEO Tony Dervan stated “we are delighted that our efforts have led to this award. The Deloitte Fast 50 is recognised worldwide and should further strengthen the EssentialSkillz brand in export markets where 95% of our sales are made. However, the most pleasing aspect of the award, is that it gives due recognition to the effort our people make in creating such a compelling offering to our rapidly growing customer base. It is also nice to be flying the flag for Galway as a great location to grow a technology company.“

Brian Farrell, Director, Deloitte said: “Huge congratulations to EssentialSkillz and all of the winning companies. The awards showcase the agility, innovation and strength of the industry. The winners epitomise these characteristics. What’s really encouraging is the ambition that is apparent amongst them. On average 58% of turnover amongst the winners is generated by exports. Furthermore, on average, over a quarter of turnover is spent on R&D. The winning companies are making their mark internationally and investing in their companies’ future.”

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