Data privacy leader, lauded as the 18th fastest growing UK technology company with 2178 per cent revenue growth, continues to drive innovation as markets show a clear and growing demand for data privacy technology
LONDON – November 20, 2020 — Privitar, the leading data privacy platform provider, today announced that it ranked number 18 on the 2020 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. Privitar grew 2178 per cent during this period. This is the second consecutive year that Privitar was recognised by Deloitte for its impressive growth.
“Privitar’s comprehensive data privacy platform enables organisations to protect sensitive data, reducing the time it takes to use and share the data required for decision making,” said Jason du Preez, Privitar CEO. “The company’s rapid growth and expansion reflects the growing need to democratise data in a world where digital transformation is accelerating and organisations need to harness the power of data to enhance the products and services they provide to their customers.”
Duncan Down, lead partner for the Deloitte UK Technology Fast 50 programme, added: “The Deloitte UK Technology Fast 50 is internationally revered as one of the most important business awards in the industry. The 2020 Deloitte UK Technology Fast 50 highlights the success being achieved within the sector today.”
The Deloitte UK Technology Fast 50 awards are an opportunity for businesses to gain recognition for their innovation and achievements over the last four years. The 50 fastest growing UK technology companies, as ranked by Deloitte, generated around £2.2bn in total annual revenues in the year 2019/20 and employed more than 10,400 people. The Deloitte UK Technology Fast 50 recorded an average three-year growth rate of 2,898 per cent.
“We’re honoured to receive this significant accolade alongside the rising stars of the UK technology scene as part of the 2020 Deloitte UK Technology Fast 50,” added du Preez.
Over the last year, Privitar has been recognised for its historical revenue growth and significant potential in an increasingly digital and data-driven world by The Sunday Times as one of the “10 Tech Ones to Watch,” ranked #40 on the Deloitte Technology Fast 500 for EMEA, honored as one of the FinTech50, and chosen as one of BostInno’s 2020 Inno on Fire honorees.
Organizations worldwide rely on Privitar to realize the promise of one of their most valuable assets – safe, usable data.
Privitar empowers organizations to use sensitive data to gain valuable insights, and to support data-driven decisions. By delivering comprehensive data privacy techniques and streamlining data provisioning, Privitar enables enterprises to extract the maximum value from the data they collect, manage and use, while minimizing risk.
Founded in 2014, Privitar is headquartered in London, with regional headquarters in Boston and Singapore, a development center in Warsaw, and sales and services locations throughout the US and Europe. For more information, please visit www.privitar.com.
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 23rd 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. The UK Technology Fast 50 is part of an international programme run by Deloitte and qualifying entrants of the UK Fast 50 will be put forward to the Deloitte Technology Fast 500 EMEA (Europe, Middle East and Africa) programme. 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 internet specialists to biotech, digital media technology to life sciences, computers to semiconductors and software to telecommunications.
For more information visit www.fast50.co.uk