Empirica among the winners of Deloitte Technology Fast 50
Deloitte Technology Fast 50 is a program that recognizes and profiles the fastest-growing technology companies in Central Europe.
The program, which is now in its 20th year, ranks 50 public and private technology companies that build innovative products. The place on the list is determined by the scale of revenue growth for the last three years.
In this year’s edition among the 50 finalists were two companies related to fintech, among them one is related to cryptocurrency trading technologies. Empirica builds automated high-end trading solutions for institutional investors.
About the Deloitte’s Ranking
Gavin Flook, Partner, Clients & Industries Leader from Deloitte said: “Every year, I ask myself what it must take to be one of the exceptional businesses ranked in the Deloitte Technology Fast 50 for Central Europe. Energy and commitment, certainly. Great leadership, with the ability to inspire others. Vision. Technical understanding. An eye for a market opportunity. Entrepreneurial flair and a talent for sales. And a capacity for team building, with a positive culture and ambition to succeed.”
As the average revenue growth of the companies that were listed in the ranking amounts to 1129% for the last three years, there must be something behind these considerations.
The twentieth edition of the ranking of the fastest-growing technology companies in Central Europe has confirmed that technology innovation is a very dynamic growing sector.
It is interesting to consider where the companies come from, in terms of industry. With 31 software companies, representing 62% of the ranking, a majority of the region’s most dynamic young minds clearly believe that the world is set to continue running on software.
As the digital assets are inherently related to software, it is a natural fit for companies like Empirica that helps professional investors to automate their trading operations.
Along with building custom software solutions for financial companies, Empirica is investing in the development of its own software solutions. Company flagship software is Algorithmic Trading Engine, which allows institutional investors to create, test and execute trading bots like market making bot or arbitrage bot on capital and cryptocurrency markets. Empirica invests every year over 30% of its annual revenues in R&D to test appliances of blockchain and AI in financial markets and quantitative trading.
If you planning a financial technology or blockchain project- contact us! We’ll be more than happy to help you.