AdTech Holding Joins Deloitte’s Fast 50 – A Milestone Achievement

by The Content Team at AdTech 16 May, 2023

We are thrilled to announce that AdTech Holding has been ranked among the 50 fastest-growing tech companies in the Middle East and Cyprus in Deloitte’s prestigious Technology Fast 50 program

This significant milestone marks our first time receiving the esteemed award, reflecting our unwavering commitment to excellence and innovation in the rapidly evolving media and entertainment tech landscape.

Deloitte’s Technology Fast 50 Program: A Reputable and Prestigious Award

The program is renowned for celebrating and recognizing the most innovative companies in the Middle East and Cyprus. Selection criteria are based on revenue growth over the last four years – standing as evidence of the innovation, drive, and accomplishments of the companies featured. 

In short, being ranked in Deloitte’s Fast 50 is a prestigious honor that highlights the hard work, dedication, and passion of our entire team.

Success in the Middle East and Cyprus in the Face of Challenge

Despite facing numerous challenges in 2021 and 2022, including supply chain disruptions, rising inflation, and increasing energy prices, the Middle East and Cyprus have demonstrated remarkable flexibility, resilience, and adaptability. 

Cyprus, in particular, has emerged as an up-and-coming tech innovation hub, boasting over 446 startups and scale-ups that have set up operations in the country in 2022 alone. We are proud to be part of this thriving ecosystem, leading the way for continued growth and innovation in the MarTech industry in the region.

Selection Criteria for Deloitte’s Fast 50 Program

Companies must meet a set of stringent criteria, including being headquartered in the Middle East or Cyprus, generating a significant portion of their operating revenue from the sale of proprietary technology or technology-related products, and demonstrating consistent revenue growth over a four-year period. 

Our inclusion in the Fast 50 reflects our strong performance, commitment to innovation, and growth in our industry.

Success in the Entertainment and Media Category

This award is particularly noteworthy, given the rarity of companies in the entertainment and media category achieving such a high ranking. 

Our CEO, Alexander Vasekin, expressed his pride and gratitude on the topic: 

“We are honored to be recognized among the fastest-growing tech companies in the Middle East and Cyprus. This achievement is a testament to the hard work, dedication, and passion of our incredible team. As we continue to innovate and grow, we are opening a new headquarters in Limassol, Cyprus. AdTech Holding is making a long-term investment in our business and the future of Cyprus while ensuring that we operate in a world-class environment. This brings us a big step closer to our goal of becoming the global leader in Adtech.”

The Future of AdTech Holding and the MarTech Industry

As we continue to break new ground in the MarTech sector, we set the stage for further advancements in the industry. The future is bright for AdTech Holding as we remain dedicated to driving growth and innovation in the industry, inspiring other tech companies in the Middle East, Cyprus, and beyond.

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