Outstanding 526% growth down to ambitious push into international markets
Edinburgh, Scotland; HotDocs, a leading provider of automated document generation software headquartered in Edinburgh, today announced that it ranked number 315 on the Deloitte Technology Fast 500 EMEA 2014, a ranking of the 500 fastest growing technology companies in Europe, the Middle East and Africa. Rankings are based on percentage revenue growth over five years.
With 67 companies from the UK making the list, HotDocs is part of a small and dynamic group of successful technology companies who are growing fast in Britain.
Russell Shepherd, CEO at HotDocs, said: “I am pleased to add a ranked position within the Deloitte Technology Fast 500 EMEA to the growing list of awards and accolades we have received over the past few years. Since our 2009 acquisition of HotDocs from a large US corporation, we have worked tirelessly to completely transform the business into what is now a truly global operation, with a brand new range of cloud based services to complement our long established on premise solutions. As well as our UK base, we have multiple US locations, customers in every state in the USA and in over forty countries worldwide. Whilst our growth plans continue apace, inclusion on this list really does underline the success of our efforts to date.”
David Halstead, partner, Deloitte UK, and partner-in-charge of the Deloitte Fast 500 EMEA programme commented: “Making the Deloitte Technology Fast 500 EMEA ranking shows HotDocs' commitment to innovation and pushing the industry forward. With its 526% growth rate over five years, HotDocs has proven that its leadership has the vision and determination to grow in a highly competitive market.”
HotDocs is widely used within the financial services, publishing and legal industries as the standard for automated document generation and counts global banks, international law firms, worldwide publishers and huge corporations amongst its clients.
Shepherd concluded: “The benefits of automation in the production of sophisticated documentation include risk reduction and aiding compliance, along with huge cost savings and these are now widely recognized within industries like banking, legal and insurance. HotDocs is the market leader for automated document generation and we are seeing increasing adoption of our technology as companies align with their peers to implement our industry-standard software. The growth rate that resulted in our inclusion in the Deloitte Fast 500 EMEA list is a reflection of the successful adoption of HotDocs by many of the world’s leading businesses and we look forward to continuing to expand further in the years ahead.”