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Transporeon again recognized in Deloitte Technology Fast 50 Award

Recognized as one of the fastest growing technology companies in Germany | Also ranked third in Sustained Excellence Award | Further growth assured by advanced digitization of transport processes

Ulm, Germany, 21. November 2016: For the fourth time in a row, the Transporeon Group has achieved a ranking in the Deloitte Technology Fast 50 Award which annually recognizes the fifty fastest growing technology companies in Germany. This year’s results were announced on 2nd November 2016 in Frankfurt, Germany.

The Transporeon Group is the European market leader in digitization of the logistics supply chain and offers the leading global cloud platform for intelligent transport logistics. In addition, the Group is building better communication and collaboration across the global shipper-carrier community.

Now in its 14th year, the annual Deloitte Fast 50 Technology Award assesses growth rates over the preceding four financial years and reviews the proprietary technologies developed by applicants. Some 200 companies applied for the 2016 award; to qualify for consideration, each was required to demonstrate turnover of at least €50,000 in the 2012 fiscal year and at least €1 million in the 2015 fiscal year. Between 2012 and 2015, the Transporeon Group reported growth of 105.23%, achieving a Deloitte Fast 50 Technology Award ranking of 41 (up from 44 the previous year).

"We are delighted that many companies from the technology sector have presented themselves with impressive ideas for the Fast 50 Technology Award this year," said Dr. Andreas Gentner, Partner and Head of Technology, Media & Telecommunications at Deloitte. "This once again illustrates the innovative strength of Germany as a location. Competent IT solutions and business processes are more and more in demand in the digital age. All Fast 50 participants have recognized this need and are successfully exploiting their potential in international competition."

In addition to its Fast 50 Technology Award, Deloitte also honored companies in other special categories. In the category of Sustained Excellence – which recognizes not just long-term growth but also capabilities in innovation, entrepreneurial spirit, and excellence – Deloitte awarded third place to the Transporeon Group.

Peter Schmidt, Managing Director and Chief Sales Officer of the Transporeon Group, was delighted to receive both awards: "For Transporeon it is an honor to be among the award winners for the fourth time in a row, particularly for growth that is both fast and sustained. With our cloud-based logistics platforms, we are pioneering supply chain digitalization. Our solutions are becoming more widely known and well received, and we are rapidly building the global shipper-carrier community."

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