Ecometrica has been named on the prestigious Deloitte 2016 Technology Fast 500™ Europe, the Middle East and Africa (EMEA) list, following a year of rapid growth and important developments for the sustainability software and data company. It caps a year that has seen Ecometrica post record sales and profits, win awards for the Ecometrica Platform, its environmental accounting, sustainability management and satellite mapping technology, as well as build on its partnerships with NASA and the UK Space Agency.
With a growth rate of almost 300%, Ecometrica is ranked 394th on Deloitte’s Technology Fast 500 list, which is a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences and energy tech companies in EMEA.
Paul Sallomi, vice chairman of Deloitte LLP and global technology, media and telecommunications industry leader, said: “Innovation is more than technological advancement; it’s also a state of mind”.
This year’s winners were selected based on percentage fiscal-year revenue growth from 2012 to 2015. Deloitte said Ecometrica grew at an average 294% over the period.
Gary Davis, chief executive of Ecometrica, said: “With important new agreements with NASA, the UK Space Agency, and our partners in the commercial and academic worlds, 2016 has been a great year for Ecometrica. It is very satisfying to see adoption of our technology growing and the Ecometrica Platform being used to tackle a variety of environmental challenges facing business. Being named on Deloitte’s Fast 500 is the icing on the cake.
“We more than doubled our R&D budget this year, so we are investing now in technologies that will keep our growth rate high for years to come.”
Ecometrica posted a sales rise of 132% in its last financial year, to £2.77m. And with results now including the growth in the value of assets, such as intellectual property, profits hit £5.3m. In June the company was chosen by NASA and the UK Space Agency to spearhead collaboration with top universities to monitor forest and climate change, while in September a multi-million pound deal made Ecometrica’s software available across the University of Edinburgh.
During 2016, Ecometrica became the first Gold Software Partner for the climate change, water and forests programmes with global group CDP, and the Ecometrica Platform scooped Environmental Leader’s Product Of The Year 2016 Award.
Founded in 2008, Ecometrica’s formidable story derives directly from the vision of its founding members and leadership – executive chairman and Nobel Laureate Dr Richard Tipper, chief executive Gary Davis and chief product officer Bertrand Revenaz. Backed by a team of recognised experts, Ecometrica has unrivalled experience in environmental sustainability accounting and reporting.
The Ecometrica Platform, a web-based environmental accounting and sustainability management solution combines earth observation data from satellites with local information and business intelligence to bring clarity to environmental and natural resource challenges facing corporates and governments alike. It helps businesses to easily track and map their impact on natural capital assets, like forests and water, tracking supply chain activity, verifying sustainable product sourcing, and environmental reporting to established sustainability frameworks.
Ecometrica supports all aspects of sustainability planning, operations and reporting by businesses and public organisations. The company’s data and software services are available worldwide through offices in London, Boston, Edinburgh and Montreal.
About the Deloitte 2016 Technology Fast 500 EMEA program
The Deloitte Technology Fast 500™ EMEA program is an objective industry ranking focused on the technology ecosystem. It recognizes technology companies that have achieved the fastest rates of revenue growth in Europe, the Middle East, and Africa (EMEA) during the past four years. The program is supported by the Deloitte Technology Fast 50 initiatives, which rank high-growth technology companies by location or specifically defined geographic area, and are run by the Deloitte Touche Tohmatsu Limited’s Technology, Media & Telecommunications (TMT) global industry group. More information on the program and prior year winners is available at www.deloitte.com/fast500emea
Now in its sixteenth year, the Deloitte Technology Fast 500 EMEA program in 2016 included over 20 countries, including Belgium, France, Finland, Germany, Italy, the Netherlands, Turkey and the UK. This year’s winners were selected based on percentage fiscal-year revenue growth from 2012 to 2015.
In 2016, Deloitte Technology Fast 500 EMEA companies achieved revenue growth ranging from 212 percent to 28,126 percent from 2012 to 2015, with median growth of 967 percent.
“Deloitte” refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as “Deloitte Global”) does not provide services to clients. Please see www.deloitte.com/about to learn more about our global network of member firms.