Mark Lewis, director of IP Payments said being named as one of the fastest growing Australian companies for the fourth year in a row showed the company's 'commitment to growth, our customers and continuing innovation across our product range.'
'Top ASX 50 and Fortune 500 organisations in Australia and the Asia Pacific region are already using our software solutions to transform their businesses. We will continue to drive our business forward as we look to grow our revenues even further next year,' Lewis said.
According to Joshua Tanchel, leader of Deloitte's Technology Fast 50 Program the Fast 50 winners have been 'impressive in the way they have embraced change, adopted new technologies and brought innovative solutions to the marketplace.
'Particularly impressive across all of this year's winning technology companies is the way they have all capitalised on opportunities in a somewhat cautious market and strategically prepared themselves for improved economic conditions.'
Tanchel said that total revenue for this year's Fast 50 winners was approximately $2.2 billion, up from $1.8 billion in 2010, with the average three-year revenue growth rate for this year's winners 209 percent.