Tech Track 100

The Sunday Times Tech Track 100 league table identifies this year’s fastest growing private technology, media and telecoms companies in the UK.

Now in its twelfth year, the Tech Track 100 ranks private companies based on their growth in sales over the last three years of available accounts. The companies on this year’s league table increased their sales by an average of 81% a year over three years (compared to 74% on last year’s table), from a total of £521m to £2.7bn. The significant increase in market share for the majority of these businesses, as well as the emergence of 54 new companies on this year’s league table, is an indication of the sustained growth within the technology, media and telecoms sector, despite the challenges being faced in the continuously evolving economic landscape.

One of the key themes that emerged from this year’s Tech Track 100 is a focus on international expansion, with two-thirds of the companies on the league table having overseas operations, or plans to grow internationally. Additionally, with more than 20 businesses on the list having made more than 35 acquisitions since 2008, buying other businesses has helped some Tech Track 100 firms to reach new markets and gain access to new technology. Having sponsored the league table since 2008, Barclays continued support of the research, undertaken by Fast Track, is a reflection of the importance that we place on working alongside businesses in the technology, media and telecoms sector, as a financial partner, to help recognise and achieve long-term growth objectives. I hope that you find this report insightful and that it will aid your strategic thinking going forward.

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