Panaseer Recognised as One of the Top 50 Fastest Growing Technology Companies in the UK in the 2022 Deloitte Technology Fast 50
November 21, 2022
Panaseer attributes its 1,049 per cent revenue growth to the increasing market need for Continuous Controls Monitoring, a solution solving one of the biggest problems in cybersecurity.
21 November, 2022, London and New York – Panaseer, a leader in security posture management using Continuous Controls Monitoring (CCM), today announced that it ranked number 37 in the 2022 Deloitte UK Technology Fast 50, a ranking of the 50 fastest-growing technology companies in the UK. Rankings are based on percentage revenue growth over the last four years. Panaseer’s grew 1,049 per cent during this period.
Panaseer’s CEO, Jonathan Gill, credits the company’s technological innovation in solving key cybersecurity pain points, as well as the dedication and expertise of the Panaseer team, with the company’s revenue growth over the past four years. He said, “I’d like to thank our customers for their trust, confidence and partnership as we have grown as a company. This accolade not only reflects the hard work of our brilliant ‘Seers’, but signifies the growing value and recognition of Continuous Controls Monitoring as the most effective way for enterprises to improve their security posture and stop preventable breaches.”
As the industry’s first CCM platform for enterprise security, Panaseer pioneered CCM as a market category. Their mission is to ensure that enterprises have the proper safeguards in place to stop the preventable breaches. The security posture management company has previously been listed as a ‘cybersecurity start-up to watch’ in Sifted, and was recently shortlisted in the Cyber Security Awards for Best Security Product of the Year.
“Being one of the fastest growing technology companies in the UK is an impressive accomplishment. We commend Panaseer for making the Deloitte UK Technology Fast 50 with a phenomenal 1,049 per cent growth rate over four years,” said Julain Rae, Deloitte’s technology partner for the South East.
Duncan Down, lead partner for the Deloitte UK Technology Fast 50 programme, said: “The exceptional growth of this year’s Fast 50 is a marker of the ongoing strength and resilience of the UK’s technology industry, which continues to thrive despite considerable headwinds.
“Deloitte’s 2022 Fast 50 awards showcase the talent and innovation in the UK’s technology industry today.
“The Deloitte UK Technology Fast 50 awards give businesses the opportunity to be recognised and rewarded for their contributions to the UK technology sector and achievements over the last four years.
“The 50 fastest growing UK technology companies, as ranked by Deloitte, generated around £992mn in total annual revenues in the year 2021/22 and employed more than 16,300 people.”
About the Deloitte UK Technology Fast 50
The Deloitte UK Technology Fast 50 is one of the UK’s foremost technology award programmes. Now in its 25th year, it is a ranking of the country’s 50 fastest-growing technology companies, based on revenue growth over the last four years. The UK Fast 50 awards are all about growth driven by leading intellectual property and are a celebration of innovation and entrepreneurship. Previous winners have come from across the UK, are both large and small, and included some of the most dynamic players in all areas of technology, from IoT to BioTech, digital media technology to life sciences, FinTech to software and clean energy to telecommunications. For more information visit www.fast50.co.uk
The full list of this year’s winners and winner breakdown by region and sector is available at www.fast50.co.uk
About Deloitte
In this press release references to “Deloitte” are references to one or more of Deloitte Touche Tohmatsu Limited (“DTTL”) a UK private company limited by guarantee, and its network of member firms, each of which is a legally 10 separate and independent entity. Please see deloitte.com/about for a detailed description of the legal structure of DTTL and its member firms.
Deloitte LLP is a subsidiary of Deloitte NSE LLP, which is a member firm of DTTL, and is among the UK’s leading professional services firms.
The information contained in this press release is correct at the time of going to press. For more information, please visit www.deloitte.co.uk.
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