The Fast 50 Hall of Fame
When you enter the Deloitte Fast 50 programme, you’re in good company. While Fast 50 programmes in other countries largely focus on the technology sector, our New Zealand programme is unusual in the diversity of its entrants, with businesses from a range of different industries. As a result, our Fast 50 celebrates a wide variety of New Zealand brands.
In that spirit, we’re taking a look at the winners of the last three years, whose success has only continued to grow following their Fast 50 victories…
Taking the top spot back on the 2016 Fast 50 was Pushpay, a mobile commerce tool designed to make charity donations easy. The company won with a staggering 4574% business growth over three years and have continued that growth with placings on the index in 2017 and 2018, as well as on the Deloitte Asia-Pacific Technology 500 index.
For the 2016 Rising Star category, parking technology company Parking Sense was awarded the national title. Originally based in Cambridge, Waikato, the brand has expanded well beyond New Zealand, with the USA subsidiary deploying intelligent solutions to cities such as Anaheim and airports including JFK and LaGuardia.
2017 saw ZB Homes take the Fast 50 crown with 1583% business growth putting them top of the index. Residential home builders in the Bay of Plenty and the Waikato, they’d previously ranked on the 2016 but it was their significant additional growth the year after which clinched the winning spot. Taking the Rising Star that year was Parrot Analytics, a platform for measuring entertainment content consumption and engagement. They operate in over 100 countries, and have worked with entertainment titans such as Warner Brothers and Sky.
It was also the first year for the Master of Growth category, ranking the top 20 private businesses with sustained growth over five years. Xero took first place, the cloud-based accounting software that has now become ubiquitous in New Zealand and beyond. With 1.8 million subscribers and counting, it has offices all over the world.
Last year’s Fast 50 victor was power company, Electric Kiwi, which won with 3602% business growth. According to CEO, Luke Blincoe, the day after their win was the biggest sale’s day in the company’s history and it recently reached a customer base of over 40,000.
Taking home the Master of Growth award was Southbase Construction, a construction company whose work includes the Tūranga, the new central library in Christchurch and The Crossing retail precinct. The Rising Star winner was Parkable, a parking app based in Auckland which connects those looking for parking with those looking to monetise unused space. Having already expanded into Australia, the company is continuing its global outlook with a view to moving into other international markets.
Could your business join the Fast 50 hall of fame this year? Enter the programme at www.fast50.co.nz/enter.
Jen Scouler works in the Deloitte clients & marketing team across digital content and social media. She also works closely with Deloitte Private.