Gothenburg/Sweden, November 16, 2016 – During an award ceremony on Tuesday evening, ARCCORE was appointed as Sweden's 33rd fastest growing tech company and is thus also nominated as among EMEA Fast 500. The ranking Sweden Technology Fast 50 is an annual award and is based on the average growth of the competing companies during a period of four years and has been realised in Sweden since 2003. This year ARCCORE was ranked with a mean growth 466% for the evaluation period. The award confirms the potential ARCCORE was conferred in 2014 when winning another award, 33-listan, for being one of Sweden's most promising young (less than seven years) tech innovation businesses.
"Being part of Sweden Technology Fast 50 together with so many successful and great companies makes us very proud.", said CEO Michael Svenstam. "It is a great acknowledgement for the talented team at ARCCORE and clearly shows the impact our technology has in a very exciting global market, and it inspires us to continue expanding successfully."
Sweden Technology Fast 50 is instituted by Deloitte, a global organisation aiming to help firms and society to achieve exceptional goals, and is the only award specifically for tech companies in Sweden. It includes the whole spectrum of technology; from internet and computer equipment to green tech and life sciences. All 50 participants are automatically nominated for the EMEA Fast 500, the winner of which and ranking will be announced in London, 3rd December. See the complete ranking of Sweden Technology Fast 50 2016 at www.fast50.se.
ARCCORE is an independent software company providing software and technology solutions to the global automotive market. ARCCORE’s products include embedded software platforms and development tools and can easily be accessed from ARCCORE’s homepage. ARCCORE offers an innovative business model supporting all stages in the software development process providing both open source and commercial license terms.