Techno Brain is only East African firm in top five. Company attributes its 621 percent revenue growth to quality focus, home-grown solutions and talent.
On 29 November, Deloitte officially released the Deloitte Technology Africa Fast 50 2014, ranking Techno Brain 2nd in the 50 fastest growing technology companies in Africa. Rankings are based on percentage revenue growth over five years. Techno Brain has shown an impressive growth of 621 percent during this period.
Techno Brain’s Group CEO, Manoj Shanker credits the company's "For Africa, By Africa, In Africa" approach to technology, and investments in human resource development, as the reasons behind the phenomenal growth rate of 621 percent over the past five years. He said,"We've always believed in Africa. We believe world class IT solutions can be created here by Africans, and we've shown it to the world now. That’s the reason why we are able to deliver great value to our clients, uphold the highest standards of quality, and grow at this unbelievable pace."
He added,"The people of Techno Brain lie at the very foundation of its success. This victory is completely theirs. We will continue our focus on empowering people and nurturing young African talent. This recognition is another step towards achieving our goal of becoming the most recognized and most valued African IT brand in the world."
The Deloitte Technology Fast 50 Africa programme is the region’s most objective industry-ranking to focus on the technology field, recognizing technology companies that have achieved the fastest rates of revenue growth in Africa during the past five years.
“Making the Deloitte Technology Fast 50 Africa ranking is a testament to Techno Brain’s commitment to technology,” said Kamal Ramsingh, Deloitte Africa Technology Leader and partner in charge of the Deloitte Technology Fast 50 Africa programme. He added,“With its 621 percent growth rate over five years, Techno Brain has proven that its leadership has the vision and determination to grow in difficult conditions.”
About Techno Brain
Techno Brain (technobrainltd.com) is an African IT company that provides innovative solutions to advance the way organizations do business. Assessed at CMMI Level 3 and with operations in 20 African countries and 24 countries worldwide, Techno Brain provides industry leading technology solutions, Business Process outsourcing and Training to NGOs, Government and Private organizations globally.
About Deloitte Technology Fast 50™ Africa
The Deloitte Technology Fast 50 Africa programme (fast50Africa.com) is the region’s most objective industry-ranking to focus on the technology field, recognizing technology companies that have achieved the fastest rates of revenue growth in Africa during the past five years. Combining technological innovation, entrepreneurship and rapid growth, Fast 50 companies large, small, public and private span a variety of industry sectors, and are leaders in hardware, software, telecom, semiconductors, internet, media, life sciences and emerging areas, such as clean technology.
The programme is supported by the Deloitte Technology Fast 50 initiatives, which rank high growth technology companies by location or specifically defined geographic area and is run by the Deloitte Touche Tohmatsu Limited’s Technology, Media & Telecommunications (TMT) global industry group. Co-sponsors include SAP, a market leader in enterprise application software, Dell, a leading supplier of technology solutions, SDEA, the small business development agency and Investec, a leading investment and private bank.
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity.
Deloitte provides audit, tax, consulting, and financial advisory services to public and private clients spanning multiple industries. With a globally connected network of member firms in more than 150 countries, Deloitte brings world-class capabilities and high-quality service to clients, delivering the insights they need to address their most complex business challenges. Deloitte has in the region of 200,000 professionals, all committed to becoming the standard of excellence.