With 293 percent growth, congatec takes 22nd place in Deloitte Technology Fast 50 rankings for 2012
Deggendorf, Germany, November 2012 * * * congatec AG has been ranked the 22nd fastest growing technology company in Germany in this year’s Deloitte Technology Fast 50 awards. Rankings are based on the percentage of revenue growth over the last five years, 2007-2011. congatec achieved a growth of 293 percent during this period.
Gerhard Edi, CEO of congatec, regards the growth rate of 293 percent over the last five years as an outstanding success, considering that the company was formed 8 years ago and can no longer be classified as a startup. He explains: "The market for COM Express and Qseven computer modules is growing by more than 30% annually. Thanks to our clear focus on these product lines, we were able to grow significantly faster than the market and are now the number 2 in this segment worldwide."
"We're currently seeing niche vendors registering strong growth,” says Dieter Schlereth, Partner and Head of TMT at Deloitte. "Computer-on-Modules occupy such a niche and their applications are extremely diverse."
The average growth rate of this year's Fast 50 companies is 554.32 percent.
About congatec AG
congatec AG has its head office in Deggendorf, Germany and is a leading supplier of industrial computer modules using the standard form factors Qseven, COM Express, XTX and ETX. congatec’s products can be used in a variety of industries and applications, such as industrial automation, medical technology, automotive supplies, aerospace and transportation. Core knowledge and technical know-how includes unique extended BIOS features as well as comprehensive driver and board support packages. Following the design-in phase, customers are given support via extensive product lifecycle management. The company’s products are manufactured by specialist service providers in accordance with modern quality standards. congatec currently has 135 employees and entities in Taiwan, Japan, USA, Australia and the Czech Republic. More information is available on our website at www.congatec.com.
2012 congatec AG
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2012 Deloitte & Touche GmbH
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