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Deloitte Technology Fast 50 Award: Rapid growth for Shopware

Deloitte Technology Fast 50 Award: Rapid growth for Shopware

To the German article

Every year, Deloitte GmbH recognises the fastest growing technology companies for their entrepreneurial excellence. shopware AG has now been on the list of nominees 6 times in a row and has once again been rewarded with this significant accolade.

In 2020, shopware AG was once again one of the 50 fastest growing technology companies in Germany to be given the award by the audit company Deloitte. This makes it the 6th time in a row that we have received this award. We are incredibly proud of the nomination. The award is highly regarded and has a long tradition far beyond our national borders: the competition was started back in 1995 in the US and has since evolved into an international initiative.

What is the basis of the competition?

Just as in previous years, the assessment basis for the award in 2020 was the sales growth of companies. Measured against the average sales growth of the last four financial years, Shopware is one of Germany’s fastest growing technology companies.

Also worth knowing: the competition has two categories. As well as the Technology Fast 50, Deloitte also recognises start-ups and scale-ups which use their technology to solve digital business problems in the Challenge Award category

Previous winners: A few years ago Tesla and Google were in the ranking

The Fast 50 award strives to provide an impetus from the private sector to give high-tech and IT companies a chance to be world leaders. Dr Andreas Gentner, Head of Technology, Media & Telecommunications at Deloitte, emphasised the significance of the award: “Previous winners demonstrate how meaningful the receipt of the Fast 50 Award is: a few years ago electric car manufacturer Tesla Motors as well as Google were among the leaders in the ranking. [1]

The basis for this award

We have many different factors to thank for the fact that we are now the holders of this coveted award. Particular thanks, however, go to our community which numbers almost 100,000 customers and over 1,200 partners. Only close communication with the Shopware community enables us to constantly optimise our open source software, advance our ecosystem and achieve sustainable growth.

A further basis for our strong sales growth is the fact that we invest 20% of our annual revenue in research and development every year. After all, in the fast-paced ecommerce sector it is particularly important to keep up with trends and be on the lookout for innovations. For this reason, Shopware 6 is based on state-of-the-art technology and equips us and our customers perfectly for what lies ahead – so that we can continue to grow together in the future.

Last but not least, our corporate culture contributes to our success and growth. At Shopware we live and breathe the three values: ‘open’, ‘authentic’ and ‘visionary’. These three values not only makes themselves felt at events such as our Community Day or open day, but also in our daily interactions with one another. And our Shopware crew is constantly growing: our staff numbers have almost doubled over the last two years. We are delighted to have more and more new faces in our Shopware crew who convey our unique spirit to the outside world.

This complete package is the open secret of our success story, which has been confirmed by the receipt of the Fast 50 award and which we want to continue to drive forward together with our passionate community.

[1] https://www2.deloitte.com/de/de/pages/technology-media-and-telecommunications/articles/fast-50-tueroeffner-entrepreneure.html


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