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The Deloitte Technology Fast 50 is one of the UK’s foremost technology award programmes, celebrating innovation and entrepreneurship. Now in its 19th successful year, it is a ranking of the country’s 50 fastest growing technology companies, driven by leading intellectual property and based on revenue growth over the last four years. David Cobb, partner leading the Deloitte UK Technology Fast 50: “The Deloitte UK Technology Fast 50 gives great profile to technology companies and is internationally recognised as being one of the most important business awards in the sector. The companies who entered generated over £884 million in total annual revenues in the year 2015/16, employing more than 7,100 people and recorded an average four-year growth rate of 1,240 per cent.” We’re extremely pleased to be announced as the 23rd fastest growing UK technology company with 735% growth rate by Deloitte! Tim Mason, CEO: “We are delighted to be ranked in the top half of the Deloitte Fast 50. The past four years have seen some real successes and this achievement recognises the team’s hard work over that period of growth. Our significant strategic progress over the past year alone includes winning two tier 1 grocers and one overseas, and increasing the number of brands using our platform. We are very committed to delivering effective technology solutions to drive ROI for our partners, whilst improving the customer experience. We are now focusing on 2017 where we hope to continue our progress and efficient growth as we expand in the UK and internationally.” It’s been a very successful year, with lots of excellent achievements and it’s great news to be recognised for our growth rate- well done to all the Eagle Eye team, everyone else involved, along with all the other winners from the evening.
Whether Amazon, Uber or Alibaba, there's a lot written about these digital-only players and the impact they're having on the traditional high-street and more traditional businesses. But maybe they're missing the real challenge - customers just don't want what you sell. Or more specifically, how you sell it. You can argue about tax advantages, skirting existing regulations or the perceived benefit of not being tied to an existing estate of bricks and mortar stores. However, the real advantage these digital businesses have is simply a focus on the customer rather than the product.
Retailers understand that loyalty programs are crucial to their success, not only in terms of generating incremental purchases but for better understanding their customer behaviors, preferences and motivations. But what makes a loyalty program effective? Are there key pillars retailers must embrace to get loyalty right? And what happens when consumers – and the retail landscape itself – starts to evolve?
Marks & Spencer has just announced an exclusive joint venture UK partnership with startup accelerator Founders Factory to develop emerging retail technologies. The news follows barely a month after forging a partnership with Microsoft to integrate AI technologies into its customer experience, stores and wider operations, as highlighted by Eagle Eye CEO Tim Mason last month.