A recent survey has shown that, in contrast to the general
economic downturn, UK software developers are enjoying a booming
business. Deloitte and Touche’s Fast 50 survey which identifies the
50 tech companies achieving the highest growth turnover found that
some software developers have enjoyed hundred-fold increases in
revenue since 1998.
The survey found that over one half, 29 out of 50, of the
fastest growing technology companies in London and the South East
are software developers. The study said:
"…the status of the London & South East
region as a leading world technology centre is strengthening with
each year… the technology population is growing, and a number of
quality independent companies in the region have grown up alongside
multinationals which play a key role in training and attracting a
skilled workforce to the area."
According to the Fast 50, the fastest growing tech firm in the
region is InferMed, a medical software developer which has enjoyed
a growth in turnover of nearly 5,000% since 1998, increasing from
£25,000 in 1998 to £1.19m in 2000.
The release of figures for the South East begins Deloitte and
Touche’s nationwide analysis of the fastest businesses in the
UK.
