For a North East firm to rank so highly on an international scale from its regional base is proof of both the region's growing strengths in digital marketing and of TH_NK's hugely impressive business performance.
(PRWEB) December 5, 2007
North East digital agency TH_NK picked up the award for the fastest growing company in the Media and Entertainment sector at the Deloitte's Technology Fast 500 EMEA awards in London on Monday 26th November.
TH_NK were also ranked an overall 27th in the Deloitte Technology Fast 500 EMEA. Out of 21 countries across Europe, the Middle East and Africa (EMEA), Newcastle based TH_NK was one of only three North East firms to make the EMEA Technology Fast 500 - the only firm in the region and one of only six UK firms o make the top 30.
Now in its seventh year of the ranking in EMEA, Deloitte's Fastest 500 is the most objective industry-ranking standard to focus on the technology sector.
The news follows TH_NK's impressive 4th place victory in this year's Deloitte Fast 50, after it recorded significant growth and doubled turnover in the last year.
Preparing for further expansion with the launch of a London operation and the announcement of a new high profile Chairman, its client base includes global market research company, TNS, Grainger plc, Northumbrian Water, Foreign Office, NHS, ITV and Northern Rock. TH_NK is now embarking on an ambitious growth plan for 2010 with turnover expected to reach £10million.
David Wilkinson, TMT Lead Partner for Deloitte's Newcastle office, said: "This Fastest 500 initiative measures cutting-edge technology firms from across the globe, including businesses that already have well-established national and international profiles.
"For a North East firm to rank so highly on an international scale from its regional base is proof of both the region's growing strengths in digital marketing and of TH_NK's hugely impressive business performance."
TH_NK's managing director, Tarek Nseir, said: "We are overwhelmed to have followed our recent success in the Deloitte Fast 50 rankings, to be the only North East company in the Fast 500 - it's a fantastic achievement that is both testament to the continual hard work delivered by our talented, passionate team here at TH_NK and a real boost as we look to the future expansion of the company on both a national and international scale."
The Fast 500 is researched by Deloitte's Global Technology, Media & Telecommunications (TMT) Practice and provides a snapshot of the current state of play in the technology sector. The UK led again this year in terms of overall numbers, closely followed by France. The software sector continues to dominate the ranking, making up 200 of the 500 companies.
Technology acceleration nations are also beginning to emerge, including Israel, Scandinavia, Ireland and the Netherlands. While Deloitte's Fast 500 shows a consistent increase in average growth rates year on year, this is in stark contrast to that of the North American Fast 500, where average growth rates have been falling since 2001.
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Notes to editors
About The Deloitte Technology Fast 500 EMEA
The Deloitte Technology Fast 500 EMEA programme is the region's most objective industry-ranking standard to focus on the technology field. It was created in 2000 to recognize the effort and dedication of the 500 fastest-growing technology companies in EMEA and includes all areas of technology, from Internet to biotechnology, from medical and scientific to computers/hardware. It includes both public and private companies. The awards, which have been running in EMEA for seven years, are based on five-year average percentage revenue growth. Frequently asked questions are answered on http://www.deloitte.com/fast500emea. Details of the winning companies including breakdowns by country, industry sector and ranking will be available at http://www.deloitte.com/fast500emea after the event, or please contact us (see below) if you need information in advance. This year the program has been supported by UK Trade & Investment.
About Deloitte Technology, Media & Telecommunications (TMT)
The Deloitte Touche Tohmatsu (DTT) Technology, Media & Telecommunications (TMT) Industry Group consists of the TMT practices organized in the various member firms of DTT and includes more than 5,000 member firm partners, directors and senior managers supported by thousands of other professionals dedicated to helping their clients evaluate complex issues, develop fresh approaches to problems and implement practical solutions. There are dedicated TMT member firm practices in 45 countries and centres of excellence in the Americas, EMEA and Asia Pacific. DTT's member firms serve nearly 90 percent of the TMT companies in the Fortune Global 500. Clients of Deloitte's member firms' TMT practices include some of the world's top software companies, computer manufacturers, wireless operators, satellite broadcasters, advertising agencies and semiconductor foundries - as well as leaders in publishing, telecommunications and peripheral equipment manufacturing.
Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms, and their respective subsidiaries and affiliates. Deloitte Touche Tohmatsu is an organization of member firms around the world devoted to excellence in providing professional services and advice, focused on client service through a global strategy executed locally in nearly 140 countries. With access to the deep intellectual capital of approximately 135,000 people worldwide, Deloitte delivers services in four professional areas--audit, tax, consulting and financial advisory services--and serves more than 80 percent of the world's largest companies, as well as large national enterprises, public institutions, locally important clients, and successful, fast-growing global growth companies. Services are not provided by the Deloitte Touche Tohmatsu Verein, and, for regulatory and other reasons, certain member firms do not provide services in all four professional areas.
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About UK Trade & Investment
UK Trade & Investment is the Government organisation that helps UK-based companies succeed in an increasingly global economy. Its range of expert services are tailored to the needs of individual businesses to maximise their international success. We provide companies with knowledge, advice and practical support.
UK Trade & Investment also helps overseas companies bring high quality investment to the UK's vibrant economy - acknowledged as Europe's best place from which to succeed in global business. We provide support and advice to investors at all stages of their business decision-making.
UK Trade & Investment offers expertise and contacts through a network of international specialists throughout the UK, and in British Embassies and other diplomatic offices around the world.
For further information please visit http://www.uktradeinvest.gov.uk or telephone +44 (0)20 7215 8000.