24/10/2011 - DEM Solutions Ranked One of the Top 10 Fastest-Growing UK Software Companies
DEM Solutions Ranked One of the Top 10 Fastest-Growing UK Software Companies
The DEM Solutions Team Celebrates Inclusion in the 2011 Deloitte Technology Fast 50
DEM Solutions, the market leader in simulation software for engineering of bulk particle handling and processing equipment, made its debut on the 2011 UK Deloitte Technology Fast 50 list this week.
The world-renowned Deloitte Technology Fast 50 program considers fast-growing public and private companies in all areas of technology, which makes for tough competition between rising stars in very diverse industry sectors. Deloitte lists DEM Solutions as the 35th fastest-growing technology company in the UK , based on the company’s remarkable 852% growth in revenue over the past five years.
Among the Sector rankings, DEM Solutions takes its place in the top 10 fastest-growing UK software companies.
“We are very proud of our inclusion on the 2011 Deloitte Technology Fast 50,” comments Dr John Favier, CEO and Founder of DEM Solutions. “DEM Solutions has seen tremendous growth since the launching of our EDEM® simulation platform in 2005, with demand for our software and services rising in each sector.”
“EDEM has become a key R&D tool used by blue-chip companies in energy, heavy machinery, metals, pharmaceuticals and consumer goods sectors and by top academic research groups around the globe. More recently, DEM Solutions is having significant impact in the mining sector,” explains Favier, “by providing mining companies and EPCMs with a complete simulation solution that is transforming the design of materials handling equipment in mine operations, resulting in increased mine productivity, and lower operating costs.”
“This level of continued profitable growth doesn’t happen without the hard work of a dedicated team of professionals,” says Favier, “everyone in the company shares in the credit for DEM Solutions ranking in the top 10 fastest-growing UK software companies.”
As a UK 2011 winner, DEM Solutions will now compete against Deloitte Technology Fast 50 companies from Europe, the Middle East, and Asia in the next round of competition—the international EMEA Fast 500 award program.