Emotech Announced as one of Deloitte's Technology Fast 50 UK Winners for 2023

‍London, 16th November 2023 — Emotech today announced that it ranked number 44 in the 2023 Deloitte UK Technology Fast 50, a ranking of the 50 fastest-growing technology companies in the UK. Rankings are based on percentage revenue growth over the last four years. Emotech grew 629 per cent during this period.

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Emotech’s CEO, Hongbin Zhuang, credits the dedicated team and supportive clients, investors and partners with the company’s 629 per cent revenue growth over the past four years. He said:

"We are honored to be featured in Deloitte's Fast 50 in Tech UK, a testament to how our innovations have fueled our rapid growth. At Emotech, our breakthroughs in multilingual speech technology and interactive digital avatars have set new standards across various sectors, including Customer Service, Tourism, Smart Cities, and Education. Our growth has been driven by a significant business pivot, followed by the unexpected challenge of the pandemic, both of which we navigated with resilience and adaptability. This recognition by Deloitte is not just ours but belongs to everyone who has been part of this journey. I want to express my gratitude to our dedicated team and their families, our supportive clients, investors, and partners. Your unwavering support has been vital in overcoming obstacles and achieving this remarkable growth."

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Kiren Asad, lead partner for the Deloitte UK Technology Fast 50 programme, said: “The impressive growth amongst this year’s Fast 50 companies demonstrates the continued tenacity of the UK’s technology industry, despite ongoing economic headwinds, as it cements itself amongst the top locations for venture capital investment globally.”

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“The Deloitte UK Technology Fast 50 awards acknowledge and showcase the talent and innovation of tech businesses across the country.”

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“The 50 fastest growing UK technology companies, as ranked by Deloitte, generated £808mn in total annual revenues in the year 2022/23 and employed almost 15,000 people. The Deloitte UK Technology Fast 50 recorded an average four-year growth rate of 5,473 per cent.”

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About the Deloitte UK Technology Fast 50

The Deloitte UK Technology Fast 50 is one of the UK’s foremost technology award programmes. Now in its 26th year, it is a ranking of the country’s 50 fastest-growing technology companies, based on revenue growth over the last four years. The UK Fast 50 awards are all about growth driven by leading intellectual property and are a celebration of innovation and entrepreneurship. Previous winners have come from across the UK, are both large and small, and included some of the most dynamic players in all areas of technology, from IoT to BioTech, digital media technology to life sciences, FinTech to software and clean energy to telecommunications.

For more information visit www.fast50.co.uk

The full list of this year’s winners and winner breakdown by region and sector is available at www.fast50.co.uk
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About Deloitte

In this press release references to “Deloitte” are references to one or more of Deloitte Touche Tohmatsu Limited (“DTTL”) a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see deloitte.com/about for a detailed description of the legal structure of DTTL and its member firms.

Deloitte LLP is a subsidiary of Deloitte NSE LLP, which is a member firm of DTTL, and is among the UK's leading professional services firms.

The information contained in this press release is correct at the time of going to press. For more information, please visit www.deloitte.co.uk.
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About Emotech

Founded in London, UK, in 2015, Emotech has been dedicated to multimodal AI and low-resource speech solutions. Emotech has delivered advanced technical support and solutions, integrating Generative AI and Digital Avatars, to many leading global technology companies in smart cities, tourism, education, human resources and so on. By leveraging our solutions, companies stand to enhance interactive user experiences, streamline operational costs, and facilitate expansive global growth.

For more information, visit: https://www.emotech.ai/