26/11-10   -   Press releases

Snoobi Corp. is the 15th fastest growing technology company in Europe according to Deloitte

With a 4652 % revenue growth, the Finnish web analytics company Snoobi announced today that it ranked 15th on the Deloitte Technology Fast 500 EMEA 2010, which is a ranking of the 500 fastest growing technology companies in Europe, Middle-East and Africa. Rankings are based on percentage revenue growth over five years.

Snoobi‘s CEO, Jukka Ropponen, credits the company’s clear strategy and service concept with the company‘s remarkable revenue growth over the past five years. “Snoobi´s popularity is proof that our service matches well to the needs of our customers", Ropponen states.

"Making the Deloitte Technology Fast 500 is commendable in today‘s highly competitive technology industry", said David Halstead, Deloitte United Kingdom, partner in charge of the Deloitte Technology Fast 500 EMEA programme. “With its 4652 % growth rate over five years, Snoobi has proven that its leadership has the vision and determination to grow in difficult conditions", Halstead continues.

In addition to ranking in the Deloitte Technology Fast 500, Snoobi ranked 2nd in the Finnish Deloitte Technology Fast 50 list, which is a ranking of the 50 fastest growing technology firms in Finland.

Deloitte Technology Fast 500 EMEA selection and qualifications

The Technology Fast 500 list is compiled from the Deloitte EMEA Technology Fast 50 programmes, nominations submitted directly to the Technology Fast 500, and public company database research. To qualify for the Technology Fast 500, entrants must have had base-year operating revenues of at least €50,000 and current-year operating revenues of at least €800,000.

Entrants must also be public or private companies headquartered in EMEA and must be a “technology company", defined as a company that develops or owns proprietary technology that contributes to a significant portion of the company´s operating revenues; or manufactures a technology-related product; or devotes a high percentage of effort to the research and development of technology. Using other companies´ technology in a unique way does not qualify.

About Snoobi Corp.
Snoobi was founded in 2004 and holds the market leader position among web analytics solutions in Finland. Snoobi’s products are based on Snoobi’s own software platform. Snoobi´s web analytics software was developed for the practical needs of marketers and sales professionals, making it a useful tool for any company that wants to improve their online business, increase sales or do successful online marketing. Snoobi´s web analytics provides clients with facts that are essential in the planning and evaluation of all Internet-related decisions.

The CEO of the company is Jukka Ropponen and the chairman of the board is Pekka Koskinen. Snoobi´s head office in Helsinki (Finland) currently employs around 60 professionals in web analytics. In addition to this, Snoobi is represented locally in the Benelux countries, Estonia, Latvia, Switzerland, Germany, Austria and Sweden.

About Deloitte Technology Fast 500 EMEA
The Deloitte Technology Fast 500 EMEA is the region‘s most objective industry-ranking standard to focus on the technology field and recognizes technology companies that have achieved the fastest rates of revenue growth in Europe, the Middle East and Africa during the past five years. Combining technological innovation, entrepreneurship and rapid growth, Fast 500 companies – large, small, public and private – span a variety of industry sectors, and are leaders in hardware, software, telecom, semiconductors, internet, media, life sciences and emerging areas, such as clean technology.

The programme is supported by the Deloitte Technology Fast 50 initiatives, which rank high growth technology companies by location or specifically defined geographic area and is run by the Deloitte Touche Tohmatsu Limited‘s Technology, Media & Telecommunications (TMT) global industry group. Co-sponsors include Taylor Wessing, a leading International law firm with a focus on the industries of tomorrow, and Fidelity Growth Partners Europe, a venture and growth capital investor which backs entrepreneur with aspiration for greatness in the IT and clean technology sectors across Europe.

About Deloitte
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its member firms.

Deloitte provides audit, tax, consulting, and financial advisory services to public and private clients spanning multiple industries. With a globally connected network of member firms in more than 140 countries, Deloitte brings world-class capabilities and deep local expertise to help clients succeed wherever they operate. Deloitte´s approximately 170,000 professionals are committed to becoming the standard of excellence.