SIM LOCAL MOVED UP EIGHT PLACES FROM 27TH PLACE IN 2019, AS A RESULT OF SUBSTANTIAL BUSINESS GROWTH

UK, 17th December 2020: Today, Sim Local announces that it ranked 19th in the 2020 Deloitte Technology Fast 50 Awards, a ranking of the 50 fastest growing technology companies in Ireland. Rankings are based on average percentage revenue growth over four years.

Killian Whelan, CEO and Founder of Sim Local comments: “We are delighted to climb up the rankings from 27th to 19th in this year’s Deloitte Technology Fast 50. With retail presence in large airports throughout the UK and globally, our mission is to empower intercontinental travellers at every point of their journey, allowing them to connect globally while only paying local network rates.”

“This year, as our business evolves, we launched the UNITE platform, a powerful and cost-effective eSIM solution for mobile operators across the world. We are passionate about embracing digital transformation through first-class technology development and look forward to future success in 2021.”

The Deloitte Technology Fast 50 Awards is one of Ireland’s foremost technology award programmes. It is a ranking of the country’s 50 fastest-growing technology companies based on revenue growth over the last four years, and this year marks 21 years of the programme celebrating innovation and entrepreneurship in Ireland’s indigenous technology sector.

Cumulatively, the 2020 Fast 50 winners generated approximately €3.3 billion in total annual revenues and employed over 4,600 people in 2019. The average revenue of companies featured in the ranking was approximately €90 million, while the average growth rate of the companies over the last four years was over 400%. Compared with last year, there are 13 new companies on the ranking.

Companies from across three provinces are featured in this year’s awards. 32 companies are Leinster-based, with 11 from Ulster and 8 from Munster*. Overall, 10 counties are represented in the 2020 listing.

Announcing the winners of the Deloitte Technology Fast 50 programme, David Shanahan, Partner at Deloitte said: “Every year at the Fast 50 Awards, we celebrate the incredible innovation and entrepreneurship displayed by Irish tech companies and the immense contribution they make to our economy. Irish tech companies have truly outdone themselves this year. It is inspiring to see the countless examples of companies who, over the last year, have demonstrated resilience, innovated, adapted and thrived in the face of uncertainty and new challenges.”

“We’re delighted to be supporting and recognising these companies through the Fast 50 Technology Awards programme.  Over the last 21 years, the Fast 50 has become the benchmark of success for Irish tech companies.”

Details of the final Technology Fast 50 ranking are available to download at www.fast50.ie.For more information about Sim Local, please visit www.simlocal.com.

 

-ENDS-

 

 

Sim Local press office             simlocal@redconsultancy.com

                                                           0207 025 6635

About Sim Local

Sim Local was founded in 2011 and is one of the world’s largest SIM providers in the travel sector and experts in eSIM technology.

Sim Local provides comprehensive eSIM capability to mobile operators; building functionality on existing SM-DP+ bases or offering solutions from scratch.  Sim Local has developed a powerful eSIM platform: UNITE, working with infrastructure providers and across all areas of retail integration.  The UNITE platform provides the core capability mobile operators need to be able to offer eSIM services to customers across all sales channels, allowing them to purchase, activate, download and install eSIM profiles.

Sim Local is an associate member of the GSMA and has been part of their eSIM project, developing global standards across consumer and M2M/IoT since 2017. 

The company has a wealth of expertise across the telecoms, retail, and global travel industry, working with affiliate networks across 54 countries and operating airport stores and vending machines providing local network bundles to thousands of intercontinental travellers each year.

To find out more, visit www.simlocal.com

About Deloitte

At Deloitte, we make an impact that matters for our clients, our people, our profession, and in the wider society by delivering the solutions and insights they need to address their most complex business challenges.

As the largest global professional services and consulting network, with over 312,000 professionals in more than 150 countries, we bring world-class capabilities and high-quality services to our clients.

In Ireland, Deloitte has approximately 3,000 people providing audit, tax, consulting, and financial advisory services to public and private clients spanning multiple industries. Our people have the leadership capabilities, experience and insight to collaborate with clients so they can move forward with confidence.

In this press release references to Deloitte are references to Deloitte Ireland LLP. The information contained in this press release is correct at the time of going to press. Deloitte Ireland LLP is the Ireland affiliate of Deloitte NSE LLP, a member firm of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”). DTTL and each of its member firms are legally separate and independent entities. DTTL and Deloitte NSE LLP do not provide services to clients. Please see www.deloitte.com/about to learn more about our global network of member firms.