PhoenixDX ranks 4th out of Australian Companies in Deloitte’s APAC Technology Fast 500

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DelloiteFast500APAC

PhoenixDX has made it into the top 50 of the 2020 Asia Pacific Technology Fast 500 Ranking.

One in five companies in Deloitte’s 2020 Asia Pacific Technology Fast 500 list is Australian, with seven home-grown businesses cracking into the top 50 – and we are one of them! PhoenixDX ranks 4th on the Australian list and the 34th in the Asia Pacific region. We are so proud of this achievement.

In its 19th year, the Technology Fast 500 ranks companies by percentage fiscal year revenue growth over three years. That methodology ranked 102 Australian technology companies named in the Top 500.

Chinese companies dominate the Top 10. However, seven Australian operations are in the Top 50, and Aussie rankings hit a record high for the second year in a row. 

Australian companies in the top 50

Rank

Company

Growth

15

Verrency

2,752%

17

Half Dome 

2,390%

28

Pentanet 

1,812%

34

Phoenix Technology and Advisory Services

1,676%

36

My Plan Manager

1,621%

39

Citrus International

1,560%

49

AutoGuru

1,148%

“In Australia, and across the Asia Pacific, and regardless of the sectors in which they operate, the COVID pandemic has really challenged business operators on so many levels. 

Australian companies really held their own, breaking their record of 98 placings in 2019, with recognition achieved by 102 in 2020. For a country of just 25 million to comprise more than 20% of the index is something those 102 should be proud of.”

Josh Tanchel, Partner, Deloitte Private, Technology Fast 50 Australia Lead

 

The top Australian company was Verrency, a fintech developing white labelled products powering card payments for financial services providers. Also in the Top 50 were Australian companies Half Dome, My Plan Manager, and AutoGuru.

PhoenixDX is growing fast. We are currently recruiting more team members, and we managed to grow throughout the pandemic. We are honoured to rank on this list among such great companies, and we plan to keep striving in the next 12 months.

Congratulations to all Australian companies that made the list!

Download the full report here.

Source: Business News Australia and Deloitte