The 100 fastest growing tech firms in the North were honoured in the prestigious Northern Tech Awards ceremony in Newcastle last night.
Data compiled by GP Bullhound and Tech North revealed that between them the 100 fastest growing tech firms in the north generated over £1.9bn in revenue in 2016.
The list featured high growth achievers such as Tyres on the Drive, Sky Betting and Gaming and Panintelligence.
The prize for the fastest growing company went to The Car Buying Group, followed in second place by TVSquared.
In particular the strength of software development in the North was highlighted, with a total of 31 software companies in the 100 fastest growing companies.
Of these, 19 were recognised within the top 50 fastest growing companies.
This represents an increase on the 12 software businesses included in the top 50 last year, increasing the sector’s total share to 38 per cent in 2017.
The Northern Tech Awards celebrate the continued expansion of the Northern digital economy, which continues to go from strength to strength.
— ChrisMaguire (@editor_Maguire) March 30, 2017
In addition to the 100 fastest growing companies the winners of nine tech awards were revealed with the Overall Judges’ Award going to The Hut Group.
Hugh Campbell, managing partner of GP Bullhound, commented: “After years of huge potential, Northern tech companies now command the valuations and deals worthy of international recognition.
“The tech sector in the North is more robust than ever and high profile transactions will continue establishing the region’s reputation as a home for profitable tech companies, a real depth of talent and genuine software innovation.”
Richard Flint, CEO of Sky Betting and Gaming and judge at the Northern Tech Awards, added: “The awards have shown just how strong the tech sector is in the North.
“The rapid growth achieved by so many of these fantastic companies is testament to the innovation and ingenuity present in the region.”
The Northern Tech Awards 2017 are presented by GP Bullhound as a not-for-profit event with the support and sponsorship of Tech North, Barclays, OBI Property, Performance Horizon, Squire Patton Boggs, Teesside University, Tees Valley Combined Authority, Berenberg, Frazer John Recruitment, Inflexion, London Stock Exchange, Mercia Technologies and Seven Hills.
The full list of Award winners and final ranking of the top 100 companies are:2017 Northern Tech Awards Winners:
• Northern Stars Winner: Air Time RewardsFastest Growing Company
• Fastest Growing Larger Company: Evolution Funding
• Judges’ Innovation Award: Zero Light
• Judges’ Award for International Success: Interact
• Judges’ Leadership Award: Godel Tech
• Tech4Good Award – Reason Digital
• Local Hero Award: Charlie Hoult, Dynamo North East
• Young Entrepreneur Award: The Floow
• Overall Judges’ Award : The Hut Group
Northern Tech 100 League :
1. The Car Buying Group
3. the Lad Bible
4. Double Eleven
5. Trak Global Group
6. Purple WiFi
7. Profile Financial
10. Control F1
11. Hdgehog Lab
12. BigChange Apps
13. Hyperdrive Innovation Ltd
15. Tyres on the Drive
18. Redu Group
20. Cloud Technology Solutions
24. Giacom World Networks
25. Performance Horizon
26. Degree 53
27. Evolution Funding
28. LPW Technology
29. Azzure IT
30. Shield Safety Group
31. Godel Technologies Europe
32. The Floow
33. Bede Gaming
36. Telcom Networks
37. Engage Interactive
38. Reason Digital
40. Hiring Hub
41. The Hut Group
43. Sky Betting and Gaming
44. MPD Group
48. Evoke Creative
54. Metronet (UK)
55. Angel Solutions
58. MTech IT Solutions
59. Really Good Domains Ltd TA ContractHireAndLeasing.com
61. Sumo Digital
62. Ampersand Commerce
63. Opencast Software Europe
64. Aspire Technology Solutions
65. Fat Media
67. Elementary Technology
68. Pink Boutique
73. Sykes Cottages
75. ProVu Communications
76. The ESP Group
77. IDHL Group (WMG Logo, ID, NetConstruct)
78. Energy and Compliance Technology Limited trading as C365Cloud
80. Everything Different
81. Venn Digital
83. Fresh Generation UK
84. Pure Technology Group
90. Wax Digital
94. Blue Logic
95. Delete Agency
97. Context Public Relations
98. 4040 Media