London, November 27, 2007 - Edvantage group, a pioneer in e-learning solutions, announces today that it has been awarded a place amongst the winners of Deloitte’s Technology Fast 500 EMEA 2007 program. The program recognises technology companies that have achieved the fastest rates of annual revenue growth in Europe, the Middle East and Africa during the past five years.
Edvantage group’s revenue growth rate of 844 percent from 2002 to 2006 secured the company a ranking of 209th overall for the region and placed the company in the top 10 overall in Norway on the Deloitte Fast 50.
"We are honoured to be acknowledged for our innovation and growth," says Thomas Berglund, CEO, Edvantage group. “This award shows that we are one of the leading e-learning providers in Europe and that customers appreciate a full solution including services, learning content and learning technologies. We plan to build upon this success as we extend the depth and breadth of our offerings and expand into new markets.”
Released with the rankings, the 2007 Technology Fast 500 EMEA CEO Survey—a comprehensive analysis of the business trends and the key concerns and expectations of sector CEOs — shows that finding, hiring and retaining qualified employees is now by far the dominant operational challenge. The 2007 Global survey reports that two thirds of CEOs credit their company’s success to their employees. “We believe high-quality employees will be important to organisations’ growth in the future,” comments Berglund, “and that building employee skills and sharing knowlege through e-learning will be an important part of the mix used to develop and retain talent.”
About Edvantage group
Edvantage group, an e-learning pioneer and solution provider, provides products and services to help organisations implement effective learning programs. The company develops e-learning systems and software, provides over 10,000 online training courses, and has its own team of teaching experts that creates tailor-made e-learning content. Working side-by-side with customers, Edvantage group emphasises service and support to ensure that e-learning is successfully integrated into the organisation. The company is based in Oslo, Norway, and has offices throughout the Nordic countries, Benelux and the UK.
About Deloitte Technology Fast 500 EMEA
The Deloitte Technology Fast 500 EMEA program is the region’s most objective industry-ranking standard to focus on the technology
field. It was created in 2001 to recognize the effort and dedication of the 500 fastest-growing technology companies in EMEA
and includes all areas of technology, from internet to biotechnology, from medical and scientific to computers and hardware.
It includes both public and private companies. The awards, which have been running in EMEA for seven years, are based on five-year
average percentage revenue growth. For more information as well as details of the winning companies, including breakdowns
by country, industry sector and ranking, visit the Technology Fast 500 EMEA web site. This year's program has been supported
by UK Trade & Investment.
