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Innova breaks a new record for Deloitte Technology Fast 50 Turkey

Innova has become the only company to be listed in the Deloitte Technology Fast 50 Turkey Program for ten consecutive years and it has also been the only company to be honored with the “Big Star” award.

10.11.2015 - The results of the Deloitte Technology Fast 50 Turkey 2015 program, established to recognise the fastest-growing technology companies in Turkey, have been announced recently. On the basis of its growth performance based on operating revenues between fiscal years 2011-2014, Innova has been honoured with the prestigious “Big Star” award. This award indicates Innova’s leadership in the IT sector and recognises its distinctive products and R&D activities.

In addition, Innova has broken a record by becoming the only company to have been included in the Fast 50 list for each one of the last ten years.

Big award to the ‘Big Star’

The “Big Star” category of Deloitte Technology Fast 50 Turkey 2015 ranks companies that have achieved €50 million or more in revenues during fiscal year 2014, on the basis of their unique products, R&D activities and growth rate in the last four years.

In accepting the award, Innova’s General Manager, Aydın Ersöz, spoke of his pride in receiving the Big Star award and in the recognition given to the consistent growth achieved by the company over the last ten years, saying: “Thanks to the vision of the Turk Telekom Group, we have gone way beyond being a reliable solution partner in Turkey and have begun to supply our products and solutions to more than thirty-three countries in three continents. I would first like to congratulate Innova’s hard-working staff for their large contribution to gaining this award and to breaking a momentous record. Also, I would like to thank all Turk Telekom group companies for their exceptional support and for always being at our side.”

The head of Deloitte Technology Turkey’s Media and Telecommunications (TMT) Industry team, Tolga Yaveroğlu, commented that: “It is a rare success for a company to be able to generate large growth consistently for four years. We congratulate Innova for the importance they place on technology and for maintaining their commitment to remaining in this market for the long term. We are very happy to see Innova’s name alongside the companies listed in the Deloitte Technology Fast 50 Turkey 2015 Program.”

Who qualifies for the program?

To qualify for the Deloitte Technology Fast 50 Turkey program, companies must meet a set of criteria: They must be headquartered in Turkey, they must have achieved operating revenues of at least €50,000 Euros in 2011 and €800,000 in 2014, and they must be a “technology company.” According to the program, a “technology company” is one that either develops proprietary technology that contributes a significant portion of the company’s operating revenues, manufactures a technology-related product, or devotes a significant effort to research and development in the technological field. Companies that simply implement technology developed by other companies in a different way do not qualify.

About Deloitte Turkey

Deloitte Turkey offers auditing, tax, consulting, enterprise risk advisory and financial advisory services to private and public sector clients. With a presence in more than 150 countries, Deloitte provides value-added services to its clients with the aim of solving complex problems and contributing to their success. With a team of over 220,000 experts, Deloitte is dedicated to setting the standards for excellence. Deloitte continues to be a market leader in several sectors and its clients include more than 79% of the largest companies in the world, many international institutions and several of the fastest growing companies. It has been active in Turkey since 1986 and today employs over 1,350 professionals in offices located in Istanbul, Ankara, Izmir, Bursa and Adana. Deloitte offers customised solutions to clients operating in various sectors, including industrial and consumer markets, energy, natural resources, construction, financial services, technology, media and telecommunications.