Media Release: DUBLIN, IRELAND — (4 November 2019):
Cora Systems, a leading provider of enterprise project and portfolio management solutions, announces today its ranking amongst the fastest-growing tech companies in Ireland, as part of the annual Deloitte Technology Fast 50 Awards.
The ranking of the award winners was revealed in the Clayton Burlington Road, Dublin. Limerick company Electricity Exchange took the number one spot. New entrant Cora Systems was joined by other rapidly growing corporations such as Code Institute, Zartis, and Trilogy Technologies in the table.
Cora Systems was nominated because it achieved a significant spike in business owing to the launch of its new product Cora PPM, which led to several consecutive profit quarters. Take-up of the new Cora PPM platform includes global brands such as City of London, the UK’s Department for Digital, Culture, Media & Sport (DCMS), Elanco, NHS Digital, and Automated Logic.
The Deloitte Technology Fast 50 program was launched in the US in 1995 and quickly expanded worldwide; the Irish Fast 50 is celebrating its 20th year of awards. The program is open to public and private companies in all areas of technology, from Internet specialists to life sciences, computers to semiconductors and software to telecommunications.
Philip Martin, CEO, Cora Systems said:
“It’s great to be acknowledged by Deloitte for the considerable growth we’ve achieved over the last four years – a rate of development that is going to significantly improve over the next few years because of the demand we’re seeing for our digital transformation platform, Cora PPM. Good times ahead.”
David Shanahan, Partner, Deloitte, said:
“Since 2000, we have seen Irish technology companies capitalise on the opportunities that came from technology deregulation, the emergence of an international financial services sector here, and the growth of e-learning and virtualisation technologies, to name a few. This year, it is fantastic to see so many new entrants perform so strongly in the ranking, and it is encouraging to see these companies use technology innovation to address really important issues, from energy solutions to supporting the development of tech talent. We’re delighted to be supporting these companies and recognising them with these awards. Over the last 20 years, the Fast 50 has become the benchmark of success for Irish tech companies.”
ENDS
About the Deloitte Technology Fast 50
The Deloitte Technology Fast 50 is one of Ireland’s foremost technology award programs, celebrating innovation and entrepreneurship. Now in its 20th successful year, it is a ranking of the country’s 50 fastest growing technology companies based on revenue growth over the last four years. For more information, visit www2.deloitte.com.
About Cora Systems
Cora Systems is a worldwide leader in providing enterprise project and portfolio management solutions to global organizations and government agencies. It helps its clients manage large-scale programs and portfolios of projects, giving project managers and C-level execs the control, governance, and insight to make better decisions. Every day, over €20 billion worth of projects are managed on this platform, supporting hundreds of thousands of users across multiple locations in over 50 countries around the globe. Headquartered in Ireland and with regional offices in Arlington, VA (USA), Dublin (Ire), and Bedford (UK), Cora Systems’ client roster includes Allergan Pharmaceuticals, City of London, Honeywell Building Solutions, and the UK’s National Health Service, in addition to powering the largest transformation program in the history of Irish state at Health Service Executive. Watch an overview of the platform at corasystems.com/demos
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Contact: marketing@corasystems.com or +353 71 962 2078.
