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8th ranking in Deloitte Tech 500

When you’re running hard growing a global business you seldom have the time to stop and take stock of what has been achieved by the team. But when we hear Xero is ranked 8th in the Asia Pacific Deloitte Technology Fast 500 –  the first time a New Zealand business has made the Asia Pacific Tech Fast 500’s top 10 – it’s a proud moment.

The index ranks the fastest growing 500 tech businesses according to their revenue growth (both public and private companies) over the past three years, obtaining key data across Australia, China (Hong Kong), India, Japan, Korea, Malaysia, New Zealand, Singapore and Taiwan. Xero’s ranking was due to 2,250.26% revenue growth over this period.

It’s interesting to note there were two Internet companies in the top five and they feature throughout. And not surprisingly software outranked all other sectors for the fourth year in a row.

In the full report Cloud computing, while receiving attention for its potential to shift the fundamental business model of delivering and consuming IT services, is making a quiet appearance on the Asia Pacific scene. Of the 245 CEOs who participated in the annual survey, 23 percent indicated that cloud-based application services have helped them grow more quickly, while 21 percent say it brought costs down.

Nice to see the likes of of Network partner Smartpayroll and Aura Software Security, the experts who audit our security make the list too.

 

Read more about Company News, New Zealand

 

4 comments

Campbell Yule
3 December 2010 #

Awesome achievement guys.

Vic Crone
6 December 2010 #

Outstanding result! Congratulations to you all :)

[...] 2010 has been a challenging and fantastic year for ClearPoint.  We are delighted that so many clients both in NZ and overseas have chosen and trusted ClearPoint to work alongside them driving change through doing great things with information technology. This morning we are extremely proud to be announced as 35th on the Asia Pacific Deloitte Technology Fast 500.  The index ranks the fastest growing 500 Tech businesses across Australia, China (Hong Kong), India, Japan, Korea, Malaysia, New Zealand, Singapore and Taiwan by revenue growth over the past three years.  Our growth rate over this period has been 831.937%. This achievement reflects the huge effort and commitment of everyone in ClearPoint and the great work they do every day.  We are delighted that our team can be recognised on this global stage and we feel extremely privileged to have the ongoing support of so many great clients. It’s also great to see so many other New Zealand businesses featuring in the 500 including an outstanding achievement by Xero. [...]

Futurebooks
7 June 2012 #

There are a plethora of robust cloud computing products available. QuickBooks Online and Xero are the two most popular small business accounting applications in the cloud in Singapore and Hong Kong.

We like using Xero for our e-commerce customers, because of its PayPal integration. It grabs sales data in real time, and reduces the cost of accounting.
However, our last count we discovered over a dozen high-end cloud solutions for small businesses.

We have compared over 150 here. http://futurebooks.com.sg/blog/150-accounting-applications-compared-freeware-cloud-and-licensed/3140

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