Trio of Limerick firms rank on Deloitte Fast 50 tech listing

Nick Rabbitts

Reporter:

Nick Rabbitts

Action Point founders David Jeffreys and John Savage

Action Point founders David Jeffreys and John Savage

THREE Limerick companies have appeared in a prestigious technology ranking put together by Deloitte.

Raheen firm Asystec is joined by Plassey’s Action Point and Rathkeale company Design Pro Automation in the annual Deloitte Fast 50 countdown, which recognises some of Ireland’s top tech set-ups.

Of the three, DesignPro Automation ranks the highest, in 19th spot, with Asystec 23rd and Action Point Innovation in 34th place.

Now in their 19th year, the chart ranks Ireland’s fastest growing technology companies and recognise indigenous technology companies that have demonstrated exceptional growth in turnover in the last four years.

David Shanahan, a​ partner with Deloitte congratulated all 50 companies.

He said: “We know that these companies are operating in an uncertain international marketplace. And yet they are prospering against this backdrop—in fact, it was particularly evident this year that the vast majority of revenues for the ranking companies are coming from export markets. This demonstrates the impact Irish indigenous tech companies are having in global markets.”

Founded by Les Byrne and Brendan McPhillips, Asystec design solutions to help its clients identify, secure and manage their key data assets within their organisation.

Action Point, meanwhile, also provide technology services in IT infrastructure, systems and support.

And Design Pro provides precision automation and machine build services.

Elsewhere, Annacotty medical devices firm Class Medical has been crowned ‘Best Early Stage’ company at the InterTradeIreland Seedcorn Investor Readiness competition.

The firm won €20,000 as a consequence. It will now progress to the all-island final of the competition which will take place on Thursday, November 22 in Belfast.