More UK and Irish firms showing significant growth
Summary: Brief: A study has found that 35 percent of the 500 fastest growing European technology companies are based in the UK or Ireland
The technology ranking, carried out by professional services firm Deloitte, found that 174 of the top 500 companies this year are based in the UK and Ireland, up from 112 last year.
The study found that representation of the technology business sectors is stable compared to previous years, with 42 percent from the software sector, 15 percent from communications or networking, 13 percent from life sciences or biotechnology and 12 percent from the Internet sector. Internet businesses are disproportionately well represented in the top 100 companies, accounting for 20 of them.
The rate at which the top companies are growing has increased by 68 percent since last year, and is now at an average of 1,243 percent, according to Deloitte.
The full ranking of the 500 fastest-growing technology companies will be announced on 2 December at an award ceremony in London.
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Talkback
There is some vagueness about your article.
UK and Irish - does this mean GB and Northern Ireland?
If it is UK and Eire then the statistics do not tell us much - it might as well be UK and France, UK and Germany or whatever.
If it is a case of English Language, Sweden, Norway and Denmark all speak better English than most of us and The Netherlands is not so far behind.
There is much confusion on these terms every where in the world and we at the center of things do not help through our lack of specicity. Please Ingrid and ZD help us understand what is meant by statistics quoted. If in this case it truly is UK and Eire, please get back to the source and get the two entities seperately identified.