June 23, 2024

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Portugal is represented in the world technology rankings

Portugal is represented in the world technology rankings

According to data from Sabo About 30% of companies succeeded in moving from the first to the second classification. There are 16 Portuguese companies among the 500 fastest growing technology companies in the EMEA region, according to Deloitte's ranking.

The consulting firm created the “Fast 500 EMEA” list and concluded that this group of Portuguese startups has grown by 810 percent in three years. About a third (32 percent) of the companies that participated in the first edition of “Fast 50 Portugal” were included in the international rankings.

“It is encouraging to see Portuguese companies achieving these results in the Deloitte Technology Fast 500 EMEA 2023. We have 32 percent of companies from the first edition of Technology Fast 50 Portugal among the 500 companies in this international ranking,” said Pedro Bras da Silva. , Associate Partner at Deloitte Portugal.

Overall, the 16 companies mentioned had an average of 229 employees in 2019 and ended 2022 with 830 employees, an increase of 262 percent.

He adds: “The average growth of these companies of 810 percent is a testament to the results that can be achieved through innovation, scalable business models and entrepreneurial skills. It is a clear sign that Portugal has the necessary talent to host relevant technology companies on an international level.” . A financial advisor specializing in technology, media and communications.

The highest-ranked Portuguese company was Sword Health at 34th, followed by Addvolt, which has developed an electrical delivery system for generating and storing energy in temperature-controlled transportation vehicles (97th). The national podium was completed by Knok, who related to telemedicine (146th place).

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Among the Portuguese companies: Magic Beans (ranked 268), Twistag (ranked 334), Replai (ranked 382), HiJiffy (ranked 413), The Loop Co. (ranked 417), Code For All (ranked 436), Mediaprobe (ranked 439), StoneShield – Engineering. (.442), Agix – Innovative Engineering (.460), Casafari (.465), Boost: IT (.466), Valuedate.io (.485) and SweetCar (.488).