By Nathan Dukes
Emantra, an Australian cloud computing company has posted revenue growth of 1756.3{db8ca4bbfe57dc8f9b6df9233a3a6c04f4968125edf9bb330d4f787c3a87cd09} over the last year.
The record growth was enough to see them named the winner of the Deloitte Technology Fast 50.
Emantra were able to leverage the market conditions to their benefit, says Joshua Tanchel, leader of Deloitte’s Technology Fast 50 Program.
“Emantra used the global economic downturn as a major advantage, as their customers turned to less costly owner-operated technology. The company’s managed services model was validated by their customer’s high expectations of their IT requirements, but with less money to spend,” he said.
“This year’s winners, are embracing technologies such as smart phones, cloud computing, virtualisation, infrastructure as a service, and robotics to improve efficiencies and reduce operational costs for their clients,” Tanchel said.
Emantra’s win is further indication the cloud computing model could be the way forward for the IT industry.
Given the success of Emantra, a company with only 4 years under its belt, their is opportunity for more established organisations to get a foothold in the market.
SAP have been developing their solution set in this space for a few years now. Business ByDesign wad released for trial in 2008, and earlier this year an on-demand deliver method was introduced for applications on the MySAP business suite.
SAP CTO Vishal Sikka said at the TechEd event in Bangalore last week SAP customers are concerned with the reliability and security of the cloud for critical business applications. He said the model is currently more suited to smaller, simpler applications.
Emantra currently offer range of Microsoft SaaS solutions, including Hosted offerings of Exchange, SharePoint, Office Communications Server and Dynamics CRM.
They also partner with IBM for service components and infrastructure.
Winners of this year’s Fast 50 come from a variety of technology backgrounds.
Fourteen of the 50 are internet based businesses, while 20, the largest percentage are engaged in software sales and development.
The Fast 50 ranks the 50 fastest growing public or private technology companies, based on percentage revenue growth over three years.
“Companies in the index exude resilience in the face of what, for some of them, was an unprecedented period of disruption and uncertainty,” Tanchel said.
“Their tenacity, combined with an innovative approach to face challenges such as keeping abreast of emerging technologies and making conscious decisions to maximise growth by providing compelling value added services to clients is inspiring.”
