We’re delighted to announce that we’ve been ranked number 32 in the Deloitte UK Technology Fast 50 2018.
On Thursday 15th November 2018 we achieved the award, being placed 32nd out of the 50 Fastest Growing Technology Companies in the UK with a three year growth rate of 945%.
Winning this award means a lot to us here as it has been years in the making. Our technology was built to empower e-commerce businesses to optimise their online customer journey and increase conversions. Our whole team have been instrumental in us achieving this award and without their passion, experience and expertise, we certainly wouldn’t be where we are today. As a global company, our products and services aim to make conversion optimisation effortless for all, and we look forward to sharing more achievements as we move into 2019 and beyond.
Our CEO, James, and CTO, Paul, attended the awards ceremony at Landing Forty Two last night and James caught up with us for an update. He said:
“Wow it’s really quite something to be recognised in the top 50 with so many incredible and inspiring companies. We are on a great journey and I am so proud to work alongside such a remarkable team and partner, PayPal. Congratulations all. ”
Duncan Down, lead partner for the Deloitte UK Technology Fast 50, said:
“We are now in our third decade of celebrating the country’s fastest-growing technology
companies through the UK Fast 50 awards, and the rate of growth continues to impress. The UK start-up scene is in excellent health, with strong access to talent and funding.
“What impresses me most is the rate of growth, with the time from establishment to ‘unicorn’
status continuing to reduce. I would like to personally congratulate all of the winners and entrants for this year’s awards.”
Cloud IQ is an AI and machine learning based conversion rate optimisation and ecommerce engagement platform. The ClQ platform empowers retail businesses to be more profitable by creating opportunities to engage and convert, from any point of a user journey, via deep understanding of buyer behaviour and intent. With the self service platform, users can segment their website visitors and easily create campaigns to target each individual. CIQ’s tools are data-driven, enabling marketers to identify conversion weak spots and create campaigns underpinned by data, enhancing the customer journey.
Backed by PayPal, Cloud IQ leverage their exclusive partnership to identify more visitors as soon as they land on site. Using this data the CIQ Platform deploys targeted communications to deliver a seamless customer experience. Cloud IQ is also the only ecommerce engagement technology that can target the 30% of customers who choose to checkout with PayPal.
About the Deloitte UK Technology Fast 50
The UK Fast 50 is one of the UK's foremost technology awards programmes. Now in its twenty-first successful year, it is an acknowledgement of the 50 fastest-growing technology companies in the UK. The ranking is based on revenue growth over the last four years.
Launched in 1998, the UK Fast 50 awards are all about growth driven by leading intellectual property and are a celebration of innovation and entrepreneurship.
To be eligible for the award, companies must own proprietary technology, have been in business for a minimum of four years, have base-year operating revenues of £38,390 (€50,000) and a current year operating revenue of at least £885,670 (€1,000,000), and devote a significant proportion of operating revenues to research and development of technology.
You can find out more about all the winners of the 2018 awards here.