asia pacific technology fast 500 list
TRANSCRIPT
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Powerful connectionsTechnology Fast500
Asia Pacific 2013Winners Report
and Ranking
Supported by
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Foreword 1
Deloitte TMT practices overview 2
UKTI: A message from Lord Green 5
Ranked company fast facts 6
Innovation through customer focus: Interview with the winner,
Lin Weijun, CEO of China Communications Media
10
Resurgence and resilience: The top five companies 12
Deloitte Technology Fast 500 Asia Pacific 2013 Ranking 16
Contacts at DTTL and its member firms 28
Contents
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1
This years edition of the Deloitte Touche Tohmatsu Limited (DTTL)
Global Technology, Media & Telecommunications (TMT) Industry
Groups annual Technology Fast 500 Asia Pacific Rankingnow
in its twelth yearreveals some striking trends that signify new
promise and suggest new directions for the future of the regions
TMT businesses. For one thing, it is clear that the best of theselike
the top five in this years ranking with their average 10,589 percent
three-year growth rate and predominance of Internet firmscan
outperform, even in the most mature and stable of markets.
On the other hand, the pullback of growth among the majority
of Asia Pacifics fastest-growing 500 technology companies
determined by three-year historic revenue performance for both
publicly listed and privately held businessesto just 355.74 percent,
suggests that the fundamental quality of a business, rather than
the underlying macroeconomic upsurge, is becoming ever more
important in achieving outstanding performance.
This is the kind of cross-border and multi-sector development thatthe global DTTL TMT Industry Group is especially well equipped to
track. Our wide regional reach allows us to observe the trends and
capture the data across nine Asia Pacific locations: Australia; China
(including Hong Kong); India; Japan; South Korea; Malaysia; New
Zealand; Singapore and Taiwan, where we monitor the fast-growing
TMT businesses that comprise the Technology Fast 500 Asia Pacific
2013 Ranking.
The changing pattern of regional contributions to that growth
especially from Chinasuggests that changes are afoot in the
regional TMT landscape that could make a big difference to the
industry in the years to come, in terms of both industry fundamentals
and demand. For instance, developed markets are making a big
comeback: this year, Australia contributed 66 companies to the
top 500, its third year of consecutive growth. And Japan, joint fifth
with New Zealand at 40 companies in the top 500, was the only
primarily national market to feature twice in the top five, with Internet
companies Locondo and Donuts. Also, China and India are challenging
Taiwans traditional lead as the reservoir of Asia Pacifics fastest-
growing TMT companies, coming first and third this year in terms of the
number of companies each has contributed to the top 500128 and 78
companies respectivelywhile Taiwan slips into second place with 108.
The importance of cross-border ties is emphasised by this years
outright winner, Taiwans China Communications Media Group
(CCMG), with its outstanding three-year growth rate of 26,585%.
While based in Taiwan, like last years winner ProCrystal Technology,
CCMG addresses a user base of over 100 million people across
Greater China via mobile Internet. Technically a software company,CCMG has capitalized on the geographical and sectoral growth
potential of mobile communications to deliver that remarkable growth
result, particularly through channel extension services that position it
as a conduit for providers seeking to reach this vast audience.
This year, we also welcome as our sponsor UK Trade & Investment,
which works with Asia-based businesses to secure their success in
international markets like the UK. The contribution of such agencies,
whether from within the region or helping businesses to reach beyondit, provides further growth drivers for the cross-border expansion and
dynamic development of these significant TMT companies.
This is the kind of impetus that has lifted the top echelon of this years
Asia Pacific Technology Fast 500 so far above the growth range of
previous years and the common run of companies. We look forward to
seeing more of the same from the regions TMT sector, in the future.
Jolyon Barker
DTTL Managing Director
Global Technology,
Media & Telecommunications
Ichiro Nakayama
DTTL Leader
Technology Fast 500 Asia Pacific
Foreword
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2
Deloitte TMT practices overview
Deloitte TMT practices serve clients that are geographically
and functionally diverse, with the aim of delivering
consistently excellent services wherever and whenever
they are needed. Leveraging the power of Deloittes
global network, the practices aim to bring the right team
and specialists to each task, developing and delivering
valuable thought leadership and sharing best practice. Thedevelopment of world-class business leaders and industry
specialists is an investment that pays dividends, both in
terms of career development and best business practice.
Deloitte TMT practices aim to provide unmatched levels of
service and insight across the value chain.
TMT clients
Companies in the TMT sector confront a swiftly
changing marketplace and Deloitte member firms
TMT practices are helping companies adapt quickly,
with extensive services across the following areas:
Ninety-three percent of the TMT companies in the2012 FortuneGlobal 500
Nineteen of the 23 largest technology companies.
All nine of the largest global media companies.
All 23 of the largest telecommunications companies.
*
*
*
Deloitte has over 15,000 TMT professionals worldwide
TMT Country Leaders
Centers for the Edge
TMT Country Leaderslead the region in Africa,Middle East and the CIS
TMT Research Leaders
*
Canada
800+ practitioners
United States
5,150+practitioners
LACRO and Mexico
500+practitioners
Europe
4,000+practitioners
Asia Pacific
3,900+practitioners
Africa and the Middle East650+practitioners
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Center for the Edge
Deloittes Centers for the Edge in Australia, China, Netherlands
and the United States help senior executives make sense of, and
profit from, emerging opportunities on the edge of business
and technology. What is created on the edge of the competitive
landscapein terms of technology, geography, demographics and
Major industry events
International Consumer Electronics Show (CES)
Deloitte TMT practices continue to have
a significant presence at CES, offering
tours of the exhibition floor to clients and
moderating a number of panels. Deloitte
is a titled sponsor of the 2014 Leaders
in Technology Dinner at CES, which is
expected to attract roughly 500 of the
most influential industry leaders.
International Broadcasting Conference (IBC)
Deloittes Media & Entertainment practices
were delighted to collaborate with the IBC
Leaders Summit for the third consecutive
year. A Deloitte report, Survival of
the fast: TVs evolution in a connectedworld, was the focus of discussion at this
exclusive invitation-only event.
marketsinevitably strikes at the very heart of a business. Our
Centers for the Edge add value to an organization by enhancing
recognition of industry-sector leadership, improving client and target
relationships, influencing wins and creating new opportunitiesall
critical to delivering the Deloitte Client Experience.
Mobile World Congress (MWC)
Deloitte telecommunications leaders
from around the world met the most
influential telecom service providers and
handset developers at the Mobile World
Congress in Barcelona. Tailored tours
of the exhibition floor were offered,
highlighting the most important and
innovative technologies, and Deloitte
specialists moderated a successful panel
entitled Back to the Future: Mobile
Innovation 2023.
The Power of Pull The future ofexchanging value
Scaling Edges Chinese MobileDevice Investment
China MobilePayment IndustryTrends 20122015
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TMT thought leadership
A good idea can propel an organization to greatness and catalyse
profound change. Deloitte is committed to helping clients generate
new ideas to solve their most difficult challenges and create lasting
value. Along the way, Deloitte professionals are not afraid to make
bold assertions and have difficult conversations. Deloitte produces
a variety of thought leadership and other materials focusing on the
most important strategic trends in global business.
TMT Predictions State of the MediaDemocracy
The state of theglobal mobileconsumer, 2013
2013 TMTGlobal SecurityStudy
Global Trends inVenture Capital
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I am delighted to support the Deloitte Technology Fast 500 program
in Asia Pacific. Todays innovative firms from Asia are the UKs
business partners of tomorrow.
The UK offers the complete package for technology entrepreneurs
to imagine, start and grow a business. Londons Tech City is home
to Europes largest technology cluster, while other vibrant centres
such as Manchester, Birmingham, Bristol, Liverpool and Leedsoffer opportunities for companies operating at the cutting edge of
software; advanced engineering and materials; telecoms; and life
sciences industries.
We have introduced one of the worlds most ambitious packages of
benefits for fast-growing, entrepreneurial firms. Firms can benefit
from business incentives, targeted business support, tax credits, tax
reductions and specialist visas. For example, the government recently
introduced the Patent Box scheme, which lowers corporation tax
to ten percent on profits from the development and exploitation of
patents. This complements existing tax breaks offered through R&D
tax credits and the Entrepreneurs Relief scheme.
Support is not just financial. Across the UK, we have harnessed the
power of technology firms, entrepreneur networks, financiers, venture
capitalists and large technology companies to create supportive
ecosystems for fast-growing firms.
I would encourage Deloitte Fast 500 companies to consider expanding
into the UK to join the 600 firms now in Londons Tech City, or the
other 1,000 international ICT companies who have set up in the UK in
the last three years.
Stephen Green
Minister of State for Trade and Investment
A message from
Lord Green
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Ranked company fast facts
By location
China forged ahead of 2012 winner Taiwan
this year, with 128 companies in the Fast
500, well up on its 2012 total of 103.
By industry sector
Software was this years leading sector,
swapping places with 2012 first placer
Semiconductors, Components and
Electronics. With a pronounced lead of
161 companies, up from 119 in 2012, the
Software sector contributed almost onethird of the entire Asia Pacific Technology
Fast 500. In the year of the Twitter IPO, the
Internet sector came third.
Ranked companies by location
Ranked companies by industry sector
Malaysia Singapore
20
0
40
60
80
100
120
140
1 3
3640 40
66
78
108
128
South
Korea
Japan New
Zealand
Australia India Taiwan China
Numberofcompanies
Number of companies
Software
Semiconductors, Componentsand Electronics
Internet
Biotechnology, Pharmaceuticaland Medical Equipment
Telecommunications andNetworking
Computers and Peripherals
Media and Entertainment
Green Technology
0 50 100 150 200
161
116
104
38
31
20
16
14
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By revenue growth
The top five fastest-growing companies
exceeded even last years 10,338 percent
growth, with over 10,589 percent. The
average top 500 growth, however, was less
outstanding at 355.74 percent versus the
2012 growth figure of 467 percent.
By final-year revenue
Final-year revenue numbers saw a pullback
at the USD1 billion+ end of the ranking,
from 14 in 2012 to nine in 2013. However,
companies at the opposite end of the
spectrum, with final-year revenue under
USD10 million, showed a big upsurge from
177 in 2012 to 258 in 2013.
258
132
41
60
9
Number of companies
Final-year revenue (USD)
Under 10m
10m50m
50m100m
100m1 billion
Over 1 billion
0 50 100 200 250 300150
Average revenue growth
2,000
4,000
6,000
8,000
10,000
12,000
355.74
All 500
6,482.93
Top 10
10,589.01
Top 5
Averagepercentagerevenuegrowth
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Public or private
The public versus private balance in 2013
continued its shift towards privately held
companiesevident over the past three
yearswith private businesses now
contributing 330 of the 2013 total and
listed companies only one third. This was
perhaps more surprising given that this
years fastest-growing business, Taiwans
China Communication Media Group, is
publicly listed.
Top 20 ranked companies
In 2013, India stole Chinas crown as home
to the most top 20 companies in the
ranking. This year, five of the top 20 firms
come from India, while four come from
both Japan and Australia. Only two are from
China this year, down from seven in 2012.
Public versus private companies
Number of Top 20 companies in 2013
India 5
Japan 4
Australia 4
Taiwan 3
China 2
South Korea 1
New Zealand 1
PrivatePublic
2013 2012 2011
100
0
200
300
400
170 195209
Numberofcompanies
330305
291
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Number of overall winners in the last 12 years Overall winners from 20022013
Taiwan, although second place in its overall share of this
years Asia Pacific Technology Fast 500 with 108 companies,
has been the single biggest contributor to the Technology
Fast 500 Ranking over the last decade, providing the
regions fastest-growing TMT company in seven of those
12 years. This is testament to the power and intellectual
capital of Taiwans technology cluster, as well as to the
value of the Greater China market, so proximate and easily
addressable, as a growth engine. This years winner China
Communications Media Group, with its 26,585% three-year
growth rate, is just one example.
Industry sector winners in 2013
Ardom Telecom
China Communications
Media Group
FocalTech Corp
Amagi Media Labs
Beijing KonrunsPharmaceutical
Amigo Technology
Cavaville EnergyServices
Locondo
Semiconductors,Components and
Electronics
Software
Telecommunicationsand Networking
Internet
Biotechnology,Pharmaceutical andMedical Equipment
Computers and
Peripherals
Green Technology
Media andEntertainment
Taiwan China Australia
2
0
4
6
8
7
4
1
Numberofyears
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Innovation through customer focus:Interview with the winner, Lin Weijun,CEO of China Communications Media
DTTL TMT:What one word would you use to describe your company
culture?
Innovation. CCMG is in a fast-changing and very competitive industry.
It needs to be very innovative to adapt to the environment.
DTTL TMT:Has your growth over the last three years been organic or
inorganic?
Over the last three years, CCMG has generated its fast growth
internally. However, CCMG does not rule out acquiring other
companies, so long as those companies can help to: (a) create
competitive barriers to entry, (b) deliver high value to the bottom line
and (c) deliver synergy with CCMGs existing business.
DTTL TMT:What has been the main driver of your remarkable
growth and success, and how will you maintain this?
CCMG has benefited from the fast proliferation of smartphones,
higher wireless Internet speeds and the exponential growth of
wireless applications. Wireless Internet is still in its infancy and wehave only seen the opening stages of the wireless revolution. Social
networking, location-based services, personalized applications and
wireless e-commerce have supplied the momentum for our success.
CCMGs ability to control the application delivery channels will ensure
our future success.
DTTL TMT:How are you addressing the current disruption taking
place in the market, and staying ahead of your competitors?
No one can predict which disruptive technologies or killer applications
will become the next Google or Facebook. One way to stay ahead of
the curve is to ignore the current boundaries and focus on customers.
User experience is key for our industry and CCMG needs to use big
data to capture the needs of our users and offer services to our
customers before they even realize their own needs.
Up close and personal
Albert Lin Weijun has more than 30 years of experience in
the telecoms, Internet and wireless industries, as well as in
venture capital investment. Prior to becoming the Chairman
of China Communication Media Group (CCMG), Lin held
leadership positions in both multinational and start-up
companies, including CEO of China.com, CEO of Lingtu, VP
with Motorola and COO of Newpalm. Lin also has extensive
experience in wireless Internet through venture capital
investment and has helped create the framework for thehandset business.
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DTTL TMT:Has innovation played a big role in your companys
success? And what percentage of spend do you allocate to R&D?
Innovation is absolutely key to our success. Unlike traditional product-
focused companies, CCMG has not spent a lot of money on R&D.
Instead, we have focused our investment on user experience, big-data
analysis and capturing user behavior.
DTTL TMT:Are you confident of continued growth through 2014?
We believe CCMG can sustain its current growth trend through 2014
and beyond. The impending launch of 4G will provide us with great
opportunities to offer our customers better applications and better
user experience.
DTTL TMT:Which company achievement are you most proud of, to date?
CCMG has been able to position itself as one of the leaders in wireless
applications and service delivery channels. We were able to foresee
the evolution of wireless Internet and take advantage of being an
early mover in that space.
DTTL TMT: What is the greatest challenge the
company faces, currently?
CCMG has focused its business solely on the
PRC, as China provides a large user base for
us to grow. However, CCMG needs to look
beyond China to enter other markets. Expanding
internationally is CCMGs next great challenge.
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Resurgence and resilience:The top five companies
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This years top five companies showcase both the comeback in growth and performance of technology
companies since previous years, and the gains that can still be won even in the regions most mature and
advanced markets. This year, two of the top five companies come from the most mature market in Asia
Pacific, Japan, while only one hails from the emerging market of India. And after 2012s average three-
year revenue growth rate of 6,837 percent, this year, the top five achieved 10,589 percent.
China Communication Media Group (CCMG), one of Chinas largest mobile software
platforms, develops and markets software for smartphones. The company focuses on
applications for mobile phones which provide channel-extension services. In 2007, CCMG
began to introduce value-added services, and in 2009 launched Symbian/Windows Mobile/
Linux platforms and numerous cross-platform products, including MTK, Spreadtrum and
Mstar. Today, CCMG serves more than 100 million mobile phone subscribers.
Sector Software
Location Taiwan
Three-year
growth
26,585%
Founded 2011
CEO Lin Weijun
Website www.ccmg.mobi
1. China Communication Media Group
Top five companies at a glance
Two from Japan, one each from Taiwan, India and Australia
Three-year average revenue growth of 10,589%
Three Internet companies
One Telecommunications and Networking company
One Software company
The top five in 2013 also demonstrate the importance of the Internet
as a growth enginehardly surprising in the year of the Twitter IPO.
This years fastest-growing company, Taiwans China Communication
Media Group with a growth rate of 26,585 percentmore than
twice that of last years winner, Taiwans ProCrystal Technologyis a
mobile phone software company. But that niche also depends on the
Internet, and the success of Locondo and Donuts in Japan, as well as
Plan B Logistics in Australia, show what performance can be won from
consumer and business Internet propositions, alike.
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Ardom Telecom is focused on providing reliable operations and maintenance
services for both active and passive components of cellular networks. The company
focuses on addressing areas that raise costs and increase operating inefficiencies for
telecommunication companies, resulting in Ardom becoming the partner of choice
for leading telecom firms in India.
Locondo operates an e-commerce site specialising in shoes and bags. Since its
launch in February 2001, Locondo has acquired more than 400,000 members
and partnered with over 1,000 brands, providing customers with free shipping,
free returns and free concierge. Recently, Locondo expanded its range to include
clothing, watches and accessories.
Sector Telecommunications and
Networking
Location India
Three-year
growth
12,023%
Founded 2009
CEO Ajit Shankar
Website www.ardom.in
Sector Internet
Location Japan
Three-year
growth
6,643%
Founded 2010
CEO Yusuke Tanaka
Website www.locondo.co.jp
2. Ardom Telecom
3. Locondo
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Donuts is a mobile social game and social services provider. The company was
founded in Japan in 2007 and has launched various mobile social games, for
both standard mobile phones and smartphones. Donut has also launched a social
community service that makes booking appointments between job-hunting
students and corporate professionals, easier.
Plan B is a travel-management platform and corporate booking tool, aiming to
deliver cost savings, process-efficiency gains and corporate governance compliance.
Plan B challenges the traditional, corporate travel-agency model, shifting the focus
from the agency to the client. It purchases the best travel deals on the buyers
behalf, rather than act as a conventional sales agent selling for airlines and hotels.
Sector Internet
Location Japan
Three-year
growth
3,863%
Founded 2007
CEO Hironari Nishimura
Website www.donuts.ne.jp
Sector Internet
Location Australia
Three-year
growth
3,832%
Founded 2008
CEO Phillip Weinman
Website www.planbgroup.com.au
4. Donuts
5. Plan B Logistics
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Deloitte Technology Fast 500Asia Pacific 2013 Ranking
How does the DTTL TMT Industry Group determine the
winners?
The Deloitte Technology Fast 500 Asia Pacific 2013 winners
consist of the 500 public and private technology, media and
telecommunications companies headquartered in Asia Pacific,
that have achieved the highest rates of revenue growth over
the past three years. In order to be eligible for Technology Fast
500 recognition, companies must have base-year operating
revenue of at least USD50,000.
The DTTL TMT Industry Group assumes that all information
provided by each company is accurate and does not
independently verify such information.
Rank Company Location Industry sector Website
1 China Communications Media Group Co Ltd Taiwan Software 26584.60 www.ccmg.mobi
2 Ardom Telecom Pvt Ltd India Telecommunications and Networking 12023.18 www.ardom.in
3 Locondo Inc Japan Internet 6642.78 www.locondo.co.jp
4 Donuts Co Ltd Japan Internet 3862.61 www.donuts.ne.jp
5 Plan B Logistics Australia Internet 3831.89 www.planbgroup.com.au
6 Vizury Interactive Solutions Pvt Ltd India Internet 2760.51 www.vizury.com
7 BlueChilli Technology Australia Internet 2702.15 www.bluechilli.com
8 AltPlus Inc Japan Software 2328.38 www.altplus.co.jp
9 FocalTech Corp Ltd Taiwan Semiconductors, Components and Electronics 2087.56 www.focaltech-systems.com
10 Sokrati Technologies Pvt Ltd India Internet 2005.60 www.sokrati.com
11 Simplilearn Solutions Pvt Ltd India Internet 1878.33 www.simplilearn.com
12 Cavaville Energy Services Ltd China Green Technology 1841.11 www.cavaville.com
13 Wine Cru Pty LtdVinomofo Australia Internet 1722.67 vinomofo.com
The Deloitte Technology Fast 500 Asia Pacific Ranking measures and recognizes growth of the fastest-
growing technology companies in the region. Five hundred companies are ranked according to revenue
growth rates over the past three years.
Given the outstanding performance of the top five companies inthe 2013 ranking, with their 10,589 percent three-year growth rate,
its perhaps surprising that the average growth rate for the top 500
companies fell to 355.74 percent, well below the 2012 figure of 467
percent and even below the 2010 level of 374 percent.
Software, last years second fastest-growing sector with 119
companies in the top 500, contributed the most this year, with 161
firms representing the sector. This pattern was not reflected in the
top five, perhaps emphasizing the regions growing divergence.Semiconductors, Components and Electronics fell from first to second
place this year, with 116 companies versus 160 in 2012. Internet came
third, with 104 businesses versus last years 85, and three of them in
the top five.
3-year % growth
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Rank Company Location Industry sector Website
14 b2cloud Australia Software 1681.82 www.b2cloud.com.au
15 Changwon Hightech Co Ltd South Korea Semiconductors, Components and Electronics 1645.24 www.cwhightech.co.kr
16 Geniee Inc Japan Internet 1473.73 geniee.co.jp
17 SiCon Design Technologies Pvt Ltd India Semiconductors, Components and Electronics 1416.42 www.sicontech.com
18 Bookme New Zealand Internet 1359.35 www.bookme.co.nz
19 Cube Magic Inc Taiwan Software 1267.40 corp.cmwebgame.com
20 Beijing Northking Information Technolgy Ltd China Software 1233.09 www.northkingbpo.net
21 ValueMyTrip Travels Pvt Ltd India Internet 1119.77 www.valuemytrip.com
22 Alphero New Zealand Software 1117.59 www.alphero.com
23 Lekha Wireless Solutions Pvt Ltd India Telecommunications and Networking 1111.47 www.lekhawireless.com
24 GreenButton New Zealand Software 933.38 www.greenbutton.com
25 MatchMove Global Pte Ltd Singapore Internet 902.09 www.matchmove.com/corporate
26 I AND C-Cruise Co Ltd Japan Internet 900.79 www.iacc.co.jp
27 Guangzhou MINO Automotive Equipment Co Ltd China Semiconductors, Components and Electronics 892.64 www.minotech.cn
28 Intranel New Zealand Software 878.08 www.intranel.com29 JamiQ Private Ltd Singapore Software 869.61 jamiq.com
30 Amagi Media Labs Pvt Ltd India Media and Entertainment 863.62 www.amagi.com
31 Outware Mobile Australia Software 848.62 www.outware.com.au
32 Cofco Womai Co Ltd China Internet 844.86 www.womai.com
33 Brogent Technologies Inc Taiwan Software 840.73 www.brogent.com
34 Beijing Konruns Pharmaceutical Co Ltd China Biotechnology, Pharmaceutical and Medical Equipment 832.90 www.konruns.cn
35 Kogan.com Australia Internet 827.27 www.kogan.com
36 Australian Renewable Fuels Australia Biotechnology, Pharmaceutical and Medical Equipment 811.87 www.arfuels.com.au
37 Solutions Infini Technologies Pvt Ltd India Telecommunications and Networking 798.11 www.solutionsinfini.com
38 Temando Pty Ltd Australia Software 794.37 www.temando.com
39 Shenzhen Xiu Network Technology Co Ltd China Internet 771.78 tuan.xiu.com
40 Jibannet Co Ltd Japan Software 739.42 jibannet.co.jp
41 Shanghai Zhongyan Information Technology Co Ltd China Internet 713.07 www.51fanli.com
42 AcSip Technology Corp Taiwan Telecommunications and Networking 703.28 www.acsip.com.tw
43 GMG Search Engine Optimisation Australia Internet 695.37 www.googlemapsguru.com.au
44 Maps Gurus Australia Internet 693.88 www.googlemapsguru.com.au
45 China Pnr Co Ltd China Internet 678.02 www.chinapnr.com
46 Dreamtec Inc South Korea Semiconductors, Components and Electronics 646.85 www.idreamtec.co.kr
47 ABIBA Systems Pvt Ltd India Software 639.22 www.abibasystems.com48 Dalian Everspry Sci & Tech Co Ltd China Software 605.56 www.everspry.com
49 Beijing Saint Fluence Technology Co Ltd China Semiconductors, Components and Electronics 600.71 www.bjsfl.com
50 Amigo Technology Inc Taiwan Computers and Peripherals 587.83 www.amigo.com.tw
51 First In New Zealand Internet 566.85 www.firstin.co.nz
52 The eCEOs Sdn Bhd Malaysia Software; Internet 565.04 www.eceos.com
53 Beijing Gridsum Technology Co Ltd China Software 554.95 www.gridsum.com
54 Silergy Corp Taiwan Semiconductors, Components and Electronics 550.21 www.silergy.com
55 Shanghai Baozun E-Commerce Ltd China Internet 549.09 www.baozun.com
56 Normstar China Others 520.35 www.normstar.com
57 GIS People Australia Software 518.90 www.gispeople.com.au
58 Pure SEO New Zealand Internet 508.32 www.pureseo.co.nz
3-year % growth
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Rank Company Location Industry sector Website
59 Shenzhen Niannianka Network Technology Co Ltd China Internet 507.91 www.007ka.com
60 ThreeSixty Logica Testing Services Pvt Ltd India Software 488.37 www.360logica.com
61 Loylty Rewardz Management Pvt Ltd India Internet 488.26 www.Loylty.com
62 Snakk Media New Zealand Media and Entertainment 486.30 www.snakkmedia.com
63 Effective Measure International Pty Ltd Australia Software 484.98 www.effectivemeasure.com
64 Funshion Online Technologies Co Ltd China Internet 484.48 www.funshion.com
65 ONCEIT New Zealand Internet 479.41 www.onceit.co.nz
66 Samhyun Engineering Co Ltd South Korea Semiconductors, Components and Electronics 475.36 www.samhyun-eng.com
67 Young & Shand New Zealand Media and Entertainment 464.73 www.youngshand.com
68 EROAD New Zealand Software 463.31 www.eroad.co.nz
69 ENZEC New Zealand Semiconductors, Components and Electronics 463.08 www.enzec.co.nz
70 Open Colleges Australia Pty Ltd Australia Internet 455.44 www.opencollegesgroup.com.au
71 AdoRoi Marketing Science Pvt Ltd India Software 453.97 www.adoroi.com
72 7Road.Com Ltd China Internet 445.79 www.7road.com
73 Chengdu T imemaker Crystal Technology Co Ltd China Semiconductors, Components and Electronics 439.19 www.timemaker.com74 Maxphotonics Co Ltd China Semiconductors, Components and Electronics 433.80 www.maxphotonics.com
75 WORK[etc] Australia Internet 426.51 www.worketc.com
76 Shenzhen Qvod Technology Co Ltd China Internet 423.35 www.qvod.com
77 Marine Deals New Zealand Internet 420.82 www.marine-deals.co.nz
78 Nq Mobiel Inc China Software 418.61 www.nq.com
79 Donson Network Technology Co Ltd China Internet 407.65 www.donson.com.cn
80 Bei jing Kuangbo Biological Technology Co Ltd China Biotechnology, Pharmaceutical and Medical Equipment 406.71 www.quantobio.com
81 OrbitRemit New Zealand Internet 397.44 www.orbitremit.com
82 Glory Biotech Co Ltd Taiwan Biotechnology, Pharmaceutical and Medical Equipment 394.58 www.glorybiotech.com
83 reInteractive Pty Ltd Australia Software 392.11 www.reinteractive.net
84 Innoviti Embedded Solutions Pvt Ltd India Software 391.73 www.innoviti.com
85 Leshi Internet Information & Technology Corp Beijing China Internet 389.93 www.letv.com
86 Mingshi Education China Media and Entertainment 383.22 www.mingshiedu.com
87 Four Sun Tech. Inc Taiwan Semiconductors, Components and Electronics 378.07 www.foursun.com.tw
88 Shenzhen Zhenai Information Technology Co Ltd China Internet 363.96 www.zhenai.com
89 Trineo New Zealand Software 362.56 www.trineo.co.nz
90 Unleashed Software New Zealand Software 358.67 www.unleashedsoftware.com
91 Path Create Co Ltd Japan Internet 357.06 www.pathcreate.co.jp
92 Prizm Payment Services Pvt Ltd India Telecommunications and Networking 355.89 www.prizmpayments.com93 Onano Industrial Corp Taiwan Semiconductors, Components and Electronics 353.09 www.onano-nm.com
94 Online Asset Partners New Zealand Software 351.20 www.onlineassetpartners.co.nz
95 Sichuan Huili Industry Co Ltd China Biotechnology, Pharmaceutical and Medical Equipment 349.51 www.heleegroup.com
96 Shenzhen Supoin Information Technology Co Ltd China Semiconductors, Components and Electronics 344.36 www.supoin.com
97 NanoCarrier Co Ltd Japan Biotechnology, Pharmaceutical and Medical Equipment 343.20 www.nanocarrier.co.jp
98 A C Orange Co Ltd China Internet 334.76 www.juooo.com
99 Staidson (Bei jing) B iopharmaceut icals Co Ltd China Biotechnology, Pharmaceutical and Medical Equipment 333.78 www.staidson.com
100 2C2P Pte Ltd Singapore Internet 331.78 www.2c2p.com
101 OptimalBI New Zealand Software 330.02 www.optimalbi.com
102 Chengdu Qinzhi Digital Technology Co Ltd China Semiconductors, Components and Electronics 323.63 www.chinawiserv.com
103 Online Recharge Services Pvt Ltd India Internet 323.09 www.rechargeitnow.com
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Rank Company Location Industry sector Website
104 Xero New Zealand Software 317.87 www.xero.com
105 Infoready Australia Software 314.51 www.infoready.com.au
106 Shift Inc Japan Software 314.40 www.shiftinc.jp
107 Magnetized Markets Australia Software 311.26 www.magnetizedmarkets.com
108 Noah Education Holdings Co Ltd China Media and Entertainment 308.60 www.noaheducation.com
109 Dalian Space-Time Guest New Media Stock Ltd China Internet 301.40 www.skkx.com
110 LatentView Analytics Pvt Ltd India Software 296.32 www.latentview.com
111 Seclore Technology Pvt Ltd India Software 293.63 www.seclore.com
112 Chengdu Huamai Communication Technology Co Ltd China Semiconductors, Components and Electronics 290.42 www.huamaite l.com
113 Beijing Boda Network&Information Co Ltd China Internet 286.86 www.ebda.cn
114 Pay Point India Network Pvt Ltd India Telecommunications and Networking 281.95 www.paypointindia.com
115Chengdu Guangda Electronic & TelecommunicationTechnology Development Co Ltd
China Semiconductors, Components and Electronics 275.05 www.catvgd.com
116 Dfine Technology Co Ltd China Semiconductors, Components and Electronics 271.45 www.dfine-tech.com
117 Beijing Jjrs Technology Development Co Ltd China Semiconductors, Components and Electronics 270.25 www.bj-jjrs.com118 Cisdi Electric Technology Co Ltd China Semiconductors, Components and Electronics 267.92 www.cisdielectric.com
119 ZIGExN Co Ltd Japan Internet 266.85 zigexn.co.jp
120 Pawaa Software Pvt Ltd India Software 266.32 www.pawaa.com
121 Cohort Digital Australia Internet 265.81 www.cohort.com.au
122 Snipesoft New Zealand Software 265.43 www.snipesoft.net.nz
123 Lafaso Group Ltd China Internet 265.36 www.lafaso.com
124 Guangzhou Bluearc Culture Communications Ltd China Internet 264.61 www.bluearc.com.cn
125 Dalian Ligong Qiwangda Chemical Technology Co Ltd China Semiconductors, Components and Electronics 256.59 www.dqtech.cn
126 Sichuan Fornew Technologies Co Ltd China Semiconductors, Components and Electronics 255.86 www.fornew.com.cn
127 Livesense Inc Japan Internet 255.31 www.livesense.co.jp
128 SurfStitch Pty Ltd Australia Internet 254.95 www.surfstitch.com
129 Sichuan Jidudiankong Co Ltd China Green Technology 247.51
130 Quovantis Technologies Pvt Ltd India Software 246.39 www.quovantis.com
131 Dalian Xinwei Technology Co Ltd China Software 245.58 www.ctmht.net.cn
132 Virtual Machine Technology Pty Ltd Australia Semiconductors, Components and Electronics 242.25 www.vmtech.com.au
133 Rigidtech Microelectronics Corp Taiwan Semiconductors, Components and Electronics 240.94 www.rigidtech.com.tw
134 Babytree Inc China Internet 240.30 www.babytree.com
135 Genesis Genetics Asia Corp Taiwan Biotechnology, Pharmaceutical and Medical Equipment 240.20 www.gga.asia
136 MyNetFone Pty Ltd Australia Telecommunications and Networking 239.65 www.mynetfone.com.au137 Borqs International Holding Corp China Software 238.23 www.borqs.com
138 G-Tech Optoelectronics Corp Taiwan Semiconductors, Components and Electronics 237.94 www.gtoc.com.tw
139 Dalian Idt Software Co Ltd China Software 235.57 www.idt.com.cn
140 Bolim Co Ltd South Korea Semiconductors, Components and Electronics 233.91 bolim.koreasme.com/eng
141 Vantage Manegement Inc Japan Internet 228.82 www.v-m.co.jp
142 S-cubism Inc Japan Software 227.42 s-cubism.jp
143 BigEars New Zealand Biotechnology, Pharmaceutical and Medical Equipment 225.16 www.yourbigears.com
144 Beijing Etechwin Electric Co Ltd China Green Technology 222.65 www.etechwin.com.cn
145 Menulog Pty Ltd Australia Internet 219.53 www.menulog.com.au
146 Over the Wire Australia Telecommunications and Networking 218.83 www.overthewire.com.au
147 Intracore Online Solutions Pty Ltd Australia Software 218.82 www.coreplus.com.au
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Rank Company Location Industry sector Website
148 Compal Communications Inc Taiwan Telecommunications and Networking 215.25 www.compalcomm.com
149 Noventus Australia Telecommunications and Networking 214.09 www.noventus.com.au
150 China Wireless Technologies Ltd China Telecommunications and Networking 212.64 www.chinawireless.cn
151 United Testing Services Co Ltd China Biotechnology, Pharmaceutical and Medical Equipment 212.52 www.uts.com.cn
152 Mutto Optronics Corp Taiwan Semiconductors, Components and Electronics 211.15 www.mutto-optronics.com
153 Golden Spring Internet Of Things Inc China Computers and Peripherals 208.24 dexinquan.com
154 Shenzhen Easou Technology Development Co Ltd China Internet 207.50 easou.com
155 Algoworks Technologies Pvt Ltd India Software 207.10 www.algoworks.com
156 CoCubes Technologies Pvt Ltd India Internet 206.51 www.cocubes.com
157 Gc-Rise Pharmaceut ical Ltd China Biotechnology, Pharmaceutical and Medical Equipment 205.07 www.gc-rise.com
158 Meddiff Technologies Pvt Ltd India Software 205.04 www.meddiff.com
159 Shenzhen Jintongli Optical Communications Tech Co Ltd China Semiconductors, Components and Electronics 204.31 www.jtlzzs.com
160 Networkbench Systems Corp China Internet 203.76 www.networkbench.com
161 SciVision Biotech Inc Taiwan Biotechnology, Pharmaceutical and Medical Equipment 203.07 www.scivision.com.tw
162 Sichuan Kangmei Medical Software ResearchAnd Development Co Ltd
China Software 200.20 www.medicom.com.cn
163 Parade Technologies Ltd Taiwan Semiconductors, Components and Electronics 200.19 www.paradetech.com
164 Tata Consultancy Services (China) Co Ltd China Software 197.53 www.tcs.com/china
165 Beijing LXT Fixture Technology Co Ltd China Semiconductors, Components and Electronics 197.51
166 Guangdong Ake Technology Co Ltd China Green Technology 196.89 www.ake.com.cn
167 ProjectManager.com New Zealand Software 194.95 www.projectmanager.com
168 Hidden Brains InfoTech Pvt Ltd India Software 193.47 www.hiddenbrains.com
169 Jorjin Technologies Inc Taiwan Internet 192.63 www.jorjin.com.tw
170 Aujas Networks Pvt Ltd India Software 191.52 www.aujas.com
171 TPK Holding Co Ltd Taiwan Semiconductors, Components and Electronics 191.38 www.tpk.com
172 4G Identity Solutions Pvt Ltd India Software 191.02 www.4gid.com
173 Web Marketing Expert Australia Telecommunications and Networking 186.16 www.webmarketingexperts.com
174 Global Display Co Ltd South Korea Semiconductors, Components and Electronics 186.15 www.g-display.com
175 iCreate Software India Pvt Ltd India Software 184.88 www.icreate.in
176 Think & Learn Pvt Ltd India Internet 183.79 www.thinkandlearn.in
177 Techcross Inc South Korea Green-tech 183.46 www.techcross.com
178 Dalian Chengsi Technology Co Ltd China Software 183.18 www.ichengsi.com
179 Luminous Optical Technology Co Ltd Taiwan Semiconductors, Components and Electronics 182.83 www.lot-tw.com
180 CGS International Inc Taiwan Software 182.39 www.cgs.com.tw181 GungHo Online Entertainment Inc Japan Media and Entertainment 179.45 www.gungho.co.jp
182 PchomeStore Inc Taiwan Internet 179.39 www.pcstore.com.tw
183 Plato Design Agency New Zealand Media and Entertainment 178.51 www.platodesign.co.nz
184 Neo-Morgan Laboratory Inc Japan Green Technology 178.49 www.neo-morgan.com
185 Hanil Precision Mfg Co Ltd South Korea Semiconductors, Components and Electronics 177.74 www.hanil-21c.co.kr
186 Beijing Inhand Networks Technology Co Ltd China Semiconductors, Components and Electronics 177.32 www.inhand.com.cn
187 LayerX New Zealand Software 176.70 www.layerx.co.nz
188 Tru2U New Zealand Internet 176.04 www.tru2u.co.nz
189 Eic Group Ltd China Media and Entertainment 175.72 www.eic.org.cn
190 Pixta Inc Japan Software 175.59 pixta.co.jp
191 Beijing Opsys Power Technology Co Ltd China Software 175.01 www.opsyspower.com
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192 Planet Innovation Pty Ltd Australia Biotechnology, Pharmaceutical and Medical Equipment 174.70 www.planetinnovation.com.au
193 xyz Corp Japan Software 174.53 www.x-yz.co.jp
194 Dalian Yixing Energy Technology Co Ltd China Software 174.07 www.dlyixing.com
195 Sosei Group Corp Japan Biotechnology, Pharmaceutical and Medical Equipment 173.38 www.sosei.com
196 Audinate Australia Semiconductors, Components and Electronics 173.19 www.audinate.com
197 e-channel Online Pty Ltd Australia Software 171.41 www.e-channel.com.au
198 Dbvisit Software New Zealand Software 170.63 www.dbvisit.com
199 Hermes Microvision Inc Taiwan Semiconductors, Components and Electronics 170.49 www.hermes-microvision.com
200 UPEC Electronic Corp Taiwan Semiconductors, Components and Electronics 169.51 www.u-pec.com
201 SPL Co Ltd South Korea Semiconductors, Components and Electronics 168.82 www.splautom.com
202 Iljin Display Co Ltd South Korea Semiconductors, Components and Electronics 168.71 www.iljindisplay.co.kr
203 Carry Technology Co Ltd Taiwan Computers and Peripherals 168.51 www.carry.com.tw
204 FuGenX Technologies Pvt Ltd India Software 168.00 www.fugenx.com
205 Shotgun Supplements New Zealand Internet 166.70 www.shotgun.co.nz
206 Psoda New Zealand Software 166.67 www.psoda.com207 Adaptive Processes Consulting Pvt Ltd India Software 164.96 www.adaptiveprocesses.com
208 Xinbo Zhuochang Technology (Beijing) Co Ltd China Software 163.75 www.xinbohit.com
209 Crooz Inc Japan Software 162.71 crooz.co.jp
210 AdGLobal360 India Pvt Ltd India Internet 162.62 www.adglobal360.com
211 World Wide Access New Zealand Software 161.29 www.world-wide-access.com
212 Freeman Media New Zealand Media and Entertainment 159.85 www.freemanmedia.co.nz
213 Zen Quality Assurance Pvt Ltd India Software 159.07 www.zenq.com
214 CapitalVia Global Research Ltd India Telecommunications and Networking 158.90 www.capitalvia.com
215 Dalian Presoft Co Ltd China Software 158.88 www.presoft.com.cn
216 Assetic Australia Software 156.83 www.assetic.com
217 Norr Offshore Group Ltd Taiwan Semiconductors, Components and Electronics 156.54 norrsystems.com
218 Chengdu Genegle Bio-Tech Application Co China Biotechnology, Pharmaceutical and Medical Equipment 155.51 www.genegle.com
219 HannStar Board Corp Taiwan Semiconductors, Components and Electronics 154.29 www.hannstarboard.com
220 Zifo Technologies Pvt Ltd India Biotechnology, Pharmaceutical and Medical Equipment 153.24 www.zifotech.com
221 Chengdu Lianyu Innovation Technology Co Ltd China Software 152.76 www.easyman.com.cn
222 Biomarker Technologies Co Ltd China Biotechnology, Pharmaceutical and Medical Equipment 152.30 www.biomarker.com.cn
223 Astute Corp Australia Software 151.31 www.astutepayroll.com
224 QBurst Technologies Pvt Ltd India Telecommunications and Networking 150.76 www.qburst.com
225 Genius Electronic Optical Co Ltd Taiwan Semiconductors, Components and Electronics 150.21 www.gseo.com226 Asmedia Technology Inc Taiwan Semiconductors, Components and Electronics 149.84 www.asmedia.com.tw
227 Success Prime Corp Taiwan Telecommunications and Networking 148.94 www.pofc.com
228 FRTek Co Ltd South Korea Media and Entertainment 148.10 www.frtek.co.kr
229 Shanghai Pony Testing Technology Co Ltd China Media and Entertainment 147.41 www.21tb.com
230 Xyz Digital Studio China Software 145.56 www.xyz-digi.com
231 Union Plus Technology Co Ltd Taiwan Semiconductors, Components and Electronics 144.43 www.unionplus.com.tw
232 Flexium Interconnect Inc Taiwan Semiconductors, Components and Electronics 143.36 www.flexium.com.tw
233 X-Legend Entertainment Co Ltd Taiwan Software 143.33 www.x-legend.tw
234 Beijing Zhongke Golden Horse Technology Co Ltd China Software 142.77 www.goldhorse.com.cn
235 Shenzhen Hispeed Boats Technology Co Ltd China Semiconductors, Components and Electronics 140.74 www.hisibipowerboats.com
236 Acuvate Software Pvt Ltd India Software 140.41 www.acuvate.com
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237 Capella Microsystems Inc Taiwan Semiconductors, Components and Electronics 140.19 www.capellamicro.com
238 Astro Corp Taiwan Computers and Peripherals 139.84 www.astrocorp.com.tw
239 iValue Infosolutions Pvt Ltd India Software 139.35 www.ivalue.co.in
240 Shanon Inc Japan Software 139.18 www.shanon.co.jp/corporation/
241 Sunfun Info Co Ltd Taiwan Internet 138.98 www.i-part.com.tw
242 Guangdong Teamgiant Electronics Co Ltd China Green Technology 138.20 www.teamgiant.com.cn
243 PS Intelegencia Analytics Pvt Ltd India Software 137.64 www.intelegencia.com
244 Beijing Baofeng Technology Co Ltd China Internet 137.64 www.baofeng.com
245 Yealink Network Technology Co Ltd China Software 137.21 www.yealink.com
246 Beijing Adicon Clinical Laboratories China Biotechnology, Pharmaceutical and Medical Equipment 136.79 www.adicon.com.cn
247Beijing Greenuse Environmental ProtectionScience & Technology Co Ltd
China Green Technology 136.38 www.greenuse.com.cn
248 Sichuan Sinwe Bio-Technology Co Ltd China Biotechnology, Pharmaceutical and Medical Equipment 134.91 www.bio-sinew.com
249 Bulletproof Networks Pty Ltd Australia Internet 134.85 www.bulletproof.net.au
250 e3Learning Solutions Australia Software 134.57 www.e3learning.com.au
251 Real Estate Investar Australia Pty Ltd Australia Internet 134.34 www.realestateinvestar.com.au
252 AlphaPolis Co Ltd Japan Media and Entertainment 134.06 www.alphapolis.co.jp
253 Casetek Holdings Ltd Taiwan Computers and Peripherals 132.93 www.casetekholdings.com
254Advanced Lithium Electrochemistry(Cayman Co Ltd)
Taiwan Computers and Peripherals 131.55 www.aleees.com
255 TransIT mPower Labs Pvt Ltd India Software 130.87 www.mpowerglobal.com
256 SiteMinder Australia Software 130.23 www.siteminder.com
257 Noah Holdings Ltd China Internet 129.04 www.noahwm.com
258 Advanced Flexible Circuits Co Ltd Taiwan Semiconductors, Components and Electronics 128.83 www.afc.com.tw
259 Sankalp Semiconductor Pvt Ltd India Semiconductors, Components and Electronics 128.25 www.sankalpsemi.com260 Ying Shiang Technology Co Ltd Taiwan Semiconductors, Components and Electronics 127.37 www.imagecorp.com.tw
261 U.I.D Co Ltd South Korea Semiconductors, Components and Electronics 125.44 www.uidkorea.co.kr
262 Beijing Saisheng Pharmaceutical Co Ltd China Biotechnology, Pharmaceutical and Medical Equipment 125.00 www.ssyy.com.cn
263Beijing Huace North China Test DetectionTechnology Co Ltd
China Biotechnology, Pharmaceutical and Medical Equipment 124.66 www.cti-cert.com
264 Chengdu Bangpu Alloy Materials Co Ltd China Semiconductors, Components and Electronics 124.46 www.bpcarbide.com
265 eBASE Co Ltd Japan Software 123.93 www.ebase.co.jp
266 Eventfinda New Zealand Internet 123.09 www.eventfinda.co.nz
267 SerComm Corp Taiwan Internet 123.01 www.sercomm.com
268 The Online Circle Australia Internet 122.87 www.theonlinecircle.com
269 Balance Internet Australia Internet 122.73 www.balanceinternet.com.au
270 Intense Technologies Ltd India Software 122.57 www.in10stech.com
271 Trenders Inc Japan Internet 121.90 www.trenders.co.jp
272 Global Internet Technologies Australia Pty Ltd Australia Internet 121.60 www.globalit.net.au
273 Calin Technology Co Ltd Taiwan Semiconductors, Components and Electronics 117.78 www.calin.com.tw
274 Shanghai Denovo Environment Protection Co Ltd China Green Technology 117.53 www.denovogroup.com.cn
275 Vocus Communications Australia Telecommunications and Networking 115.74 www.vocus.com.au
276 Phoenix IT Solutions Ltd India Software 115.28 www.phoenix.in
277 BrainPad Inc Japan Telecommunications and Networking 114.74 www.brainpad.co.jp278 Beijing Infobird Software Co Ltd China Software 114.73 www.infobird.com
3-year % growth
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279 Chengdu Chengnuo New-Tech Co Ltd China Biotechnology, Pharmaceutical and Medical Equipment 114.68 www.cdaminoacid.com
280 Normstar China Software 114.62 www.normstar.com
281 Saviance Technologies Pvt Ltd India Software 114.53 www.saviance.com
282 MindFire Solutions India Software 114.09 www.mindfiresolutions.com
283 2talk New Zealand Telecommunications and Networking 114.08 www.2talk.co.nz
284 Ushine Photonics Corp Taiwan Semiconductors, Components and Electronics 113.60 www.ushine.com.tw
285 TechValens Software Systems Pvt Ltd India Software 113.41 www.techvalens.com
286 Gudeng Precision Industrial Co Ltd Taiwan Semiconductors, Components and Electronics 113.12 www.gudeng.com
287 Beijing Nine Star Technology Co Ltd China Software 112.68 www.nstc.com.cn
288 Carnival Labs New Zealand Software 112.10 www.carnivallabs.com
289 Chengdu Action Electronics Joint-Stock Co Ltd China Internet 112.08 www.action98.com
290 Optimal Product New Zealand Software 112.03 www.optimalworkshop.com
291 Mamezou Holdings Co Ltd Japan Software 111.63 www.mamezou-hd.com
292 Viva Mobile Media China Internet 111.24 www.vivame.cn
293 ValueMomentum Software Services Pvt Ltd India Software 111.03 www.valuemomentum.com294 Daffodil Software Ltd India Software 110.14 www.daffodilsw.com
295Shenzhen Yuanpeng Decoration Designing &Engineering Co Ltd
China Software 109.89 www.szypzs.com
296 Drishti-Soft Solutions (P) Ltd India Software 109.84 www.drishti-soft.com
297 BizCover Pty Ltd Australia Internet 109.52 www.bizcover.com.au
298Beijing Xiehe Jianhao Medical TechnologyDevelopment Co Ltd
China Biotechnology, Pharmaceutical and Medical Equipment 109.27 www.ugcro.com
299 Obe Door Control Technology (Beijng) Co Ltd China Semiconductors, Components and Electronics 109.20 www.worldobe.com
300 Aventlife Inc Taiwan Biotechnology, Pharmaceutical and Medical Equipment 107.27 www.alarvita.com
301 Dalian Allrun Electronics Co Ltd China Internet 107.12 www.allrun.com.cn302 Amazing Microelectronic Corp Taiwan Semiconductors, Components and Electronics 106.93 www.amazingic.com.tw
303 Ledlink Optics Inc Taiwan Semiconductors, Components and Electronics 106.85 www.ledlink-optics.com
304 A-Tech Automotive Co Ltd South Korea Semiconductors, Components and Electronics 106.53 www.atauto.co.kr
305 Sysware Technology Co Ltd China Software 105.36 www.sysware.com.cn
306 ICON Strategic Solutions Australia Software 105.01 www.iconsoftware.com.au
307 QuantumLinx Pty Ltd Australia Internet 103.50 www.quantumlinx.com.au
308 Beijing Weipaige Technology Development Co Ltd China Semiconductors, Components and Electronics 103.06 www.wapwag.net
309 Greynium Information Technologies Pvt Ltd India Internet 102.40 www.oneindia.in
310 Tyro Paymenst Australia Software 102.29 www.tyro.com
311 Speee Inc Japan Internet 102.11 www.speee.jp
312 Bodhtree Consulting Ltd India Software 102.10 www.bodhtree.com
313 Cowealth Medical Holding Co Ltd Taiwan Biotechnology, Pharmaceutical and Medical Equipment 101.60 www.cowealth.com
314 LuxNet Corp Taiwan Telecommunications and Networking 101.10 www.luxnetcorp.com.tw
315 Wildnet Technologies Pvt Ltd India Internet 101.09 www.wildnettechnologies.com
316 Ubona Technologies Pvt Ltd India Media and Entertainment 100.91 www.ubona.com
317 Neon Stingray Australia Internet 100.88 www.neonstingray.com
318 Azzurri Communications Australia Telecommunications and Networking 100.24 www.azzurricommunications.com.au
319 Datamatics Global Services Ltd India Software 99.77 www.datamatics.com
320 ULS Group Inc Japan Internet 99.06 www.ulsgroup.co.jp321 Wistron Information Technology & Service Taiwan Software 98.71 www.wistronits.com
3-year % growth
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322 Tescom Co Ltd South Korea Green Technology 98.60 www.tescom-lab.com
323 G-Cube Webwide Software Pvt Ltd India Software 98.53 www.gc-solutions.net
324 Universal Microwave Technology Inc Taiwan Semiconductors, Components and Electronics 98.18 www.umt-tw.com
325 Unizyx Holding Corp Taiwan Computers and Peripherals 98.16 www.unizyx.com.tw
326 Vivotek Inc Taiwan Software 97.31 www.vivotek.com
327 Winjit Technologies Pvt Ltd India Software 97.05 www.winjit.com
328 Dalian Auto-Tech Lncorporated China Semiconductors, Components and Electronics 96.52 www.dlat.cn
329 Doosung Tech Co Ltd South Korea Semiconductors, Components and Electronics 96.44 www.dsltd.net
330 SureFire Search New Zealand Internet 95.48 www.surefiresearch.com
331 Dilignet Australia Software 95.45 www.dilignet.com
332 Asia Neo Tech Industrial Co Ltd Taiwan Semiconductors, Components and Electronics 95.43 www.asianeotech.com.tw
333 eInfochips Ltd India Software 95.39 www.einfochips.com
334 Uniphore Software Systems Pvt Ltd India Software 94.81 www.uniphore.com
335 Observatory Crest Australia Pty Ltd Australia Software 94.75 www.obcrest.com.au
336 Thinksoft Global Services Ltd India Software 94.68 www.thinksoftglobal.com337 MyQuote New Zealand Internet 94.50 www.builderscrack.co.nz
338 BigAir Group Pty Ltd Australia Telecommunications and Networking 94.43 www.bigair.com.au
339 Edimax Technology Co Ltd Taiwan Internet 93.92 www.edimax.com.tw
340 Dion Global Solutions Ltd India Software 92.63 www.dionglobal.com
341 Bolim Tech Co Ltd South Korea Semiconductors, Components and Electronics 92.29
342 The Web Showroom Australia Internet 91.72 www.thewebshowroom.coa.au
343 Times-7 Research New Zealand Software 91.51 www.times-7.com
344 Papago Inc Taiwan Software 91.30 www.papago.com.tw
345 TOUCH/CAST New Zealand Internet 91.29 www.touchcast.co.nz
346 Xueda Education Group China Media and Entertainment 90.18 www.xueda.com
347 NetProtections Inc Japan Internet 90.14 www.netprotections.com
348 Lemtech Holdings Co Ltd Taiwan Computers and Peripherals 89.66 www.ky-lemtech.com
349 Mexia Consulting Australia Software 88.70 www.mexia.com.au
350 TRinno Technology Co Ltd South Korea Semiconductors, Components and Electronics 88.20 www.trinnotech.com
351 XPEC Entertainment Inc Taiwan Software 87.62 www.xpec.com
352 Hoemyeong Fine Tech Co Ltd South Korea Semiconductors, Components and Electronics 87.54
353 Bei jing Baitai Biological Pharmaceutical Co Ltd China Biotechnology, Pharmaceutical and Medical Equipment 87.49 www.biotechplc.com
354 Shuttle Inc Taiwan Computers and Peripherals 87.49 www.shuttle.com
355 Y-S Electronic Co Ltd Taiwan Semiconductors, Components and Electronics 87.37 www.yselec.com.tw356 Petgo Corp Japan Internet 87.24 corp.petgo.co.jp
357 Appen Holdings Pty Ltd Australia Telecommunications and Networking 87.21 www.appenbutlerhill.com
358 UDN.COM Taiwan Internet 86.82 co.udn.com./corp
359 Beijing Ect Testing Co Ltd China Software 86.55 www.ectcn.com
360 Dalian Yunchou Technology Co Ltd China Software 86.50 www.weavesoft.cn
361 L & F Material Co Ltd South Korea Green Technology 86.42 www.landfm.co.kr
362 Korens Inc South Korea Semiconductors, Components and Electronics 85.89 www.korens.co.kr
363 Lumimirco Co Ltd South Korea Semiconductors, Components and Electronics 85.82 www.lumimicro.com
364 Chengdu Ximentaike Technology Development Co Ltd China Internet 85.43 www.simu-tech.com
365 Sichuan Yulintu Mapping& Surveying Co Ltd China Software 85.39 www.yulintu.com
366 Chip Hope Co Ltd Taiwan Semiconductors, Components and Electronics 85.36 www.chiphope.com
3-year % growth
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Rank Company Location Industry sector Website
367 First Focus IT Australia Semiconductors, Components and Electronics 85.27 www.firstfocus.com.au
368 Beijing Innopower Superconductor Cable Co Ltd China Semiconductors, Components and Electronics 85.18 www.innopower.com
369 Hinduja Global Solutions Ltd India Software 84.81 www.teamhgs.com
370 iInterchange Systems Pvt Ltd India Software 84.76 iinterchange.com
371 Thinksoft Global Services Ltd India Software 84.74 www.hexaware.com
372 Connection Technology Systems Inc Taiwan Internet 84.66 www.ctsystem.com
373 Zensar Technologies Ltd India Software 84.61 www.zensar.com
374 Speedwell eBusiness Solutions Pty Ltd Australia Internet 83.86 speedwell.com.au
375 Foshan Golden Milky Way Intellingent Equipment Co Ltd China Green Technology 83.75 www.goldenyh.com
376 Nanos Co Ltd South Korea Semiconductors, Components and Electronics 82.82 www.nanosm.com
377 Kingsoft Japan Inc Japan Software 82.46 www.kingsoft.jp
378 Gigastone Corp Taiwan Semiconductors, Components and Electronics 82.25 www.gigastone.com.tw
379 Voltage Inc Japan Software 81.83 www.voltage.co.jp
380 Bay Environmental Technology (Beijing) Corp China Green Technology 81.70 www.bayeco.cn
381 Atem Inc Japan Internet 81.35 www.a-tm.co.jp382 ILI Technology Corp Taiwan Semiconductors, Components and Electronics 81.20 www.ilitek.com
383 Hyundai BS&C Co Ltd South Korea Software 81.13 www.hd-bsnc.com
384Sichuan Innovation Power InformationTechnology Co Ltd
China Internet 80.56
385 Cheng Uei Precision Industry Co Ltd Taiwan Semiconductors, Components and Electronics 80.50 www.foxlink.com.tw
386 Voltronic Power Technology Corp Taiwan Computers and Peripherals 80.44 www.voltronicpower.com
387 Pixelplus Co Ltd South Korea Semiconductors, Components and Electronics 80.21 www.pixelplus.com
388 DreamOrbit Softech Pvt Ltd India Software 80.04 www.dreamorbit.com
389 Alltech Medical Systems Llc China Biotechnology, Pharmaceutical and Medical Equipment 80.00 alltechmed.com
390 Rotary Heat Exchangers Pty Ltd Australia Semiconductors, Components and Electronics 79.51 www.rotaryheatexchangers.com
391 Yang Hwa Technology Corp Taiwan Semiconductors, Components and Electronics 79.46 www.yhtc.com.tw
392 Chengdu Zhaoyi Technology Development Co Ltd China Computers and Peripherals 79.25 www.cdzhaoyi.com
393 Beijing C-Platform Digital Technology Co Ltd China Telecommunications and Networking 79.23 www.c-platform.com
394 Taiwan Taomee Co Ltd Taiwan Software 78.43 www.61.com.tw
395 Switched On Media Australia Telecommunications and Networking 78.37 www.switchedonmedia.com.au
396 CMC Ltd India Software 77.78 www.cmcltd.com
397 Trio Software New Zealand Software 77.45 www.tourwriter.com
398 IPscape Australia Software 77.14 www.ipscape.com.au
399 Talentica Software India Pvt Ltd India Software 76.76 www.talentica.com
400 Younghwa Tech. Co Ltd South Korea Semiconductors, Components and Electronics 76.70 www.yhtec.com
401 Ideavate Solutions Pvt Ltd India Software 76.30 www.ideavate.com
402 Dalian Dragondream Information Technology Co Ltd China Internet 75.67 www.taxrefund.com.cn
403 Fitilink Integrated Technology Inc Taiwan Semiconductors, Components and Electronics 75.47 www.fitilink.com.tw
404 Shin-Oh Electronics Co Ltd South Korea Media and Entertainment 75.38 www.shinoh.co.kr
405 EM-Tech Co Ltd South Korea Media and Entertainment 75.13 www.em-tech.co.kr
406 Kenes Software Dalian Co Ltd China Software 75.12 www.kenes.com.cn
407 LX Group Australia Semiconductors, Components and Electronics 75.06 lx-group.com.au
408 PLeader-YAMAICHI Co Ltd Taiwan Semiconductors, Components and Electronics 75.01 www.probeleader.com.tw
409 Spopre Co Ltd Japan Internet 74.84 www.spopre.co.jp
410 Box+Dice Australia Software 74.74 www.boxdice.com.au
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Rank Company Location Industry sector Website
411 Corentec Co Ltd South Korea Biotechnology, Pharmaceutical and Medical Equipment 74.54 www.corentec.com
412 Botree Software International Pvt Ltd India Software 74.04 www.botree.co.in
413 Digital Hearts Co Ltd Japan Telecommunications and Networking 73.99 www.digitalhearts.co.jp
414 Vakrangee Softwares Ltd India Software 73.90 www.vakrangeesoftwares.com
415 Centrin Data Systems Co Ltd China Software 73.70 www.centrin.com.cn
416 PSC Inc Japan Software 73.64 hos.ne.jp
417 Mozo Pty Ltd Australia Internet 73.57 mozo.com.au
418 QuieTek Corp Taiwan Semiconductors, Components and Electronics 73.43 www.quietek.com
419 Epoch Chemtronics Corp Taiwan Semiconductors, Components and Electronics 73.37 www.epoch-optic.com
420 UBIC Inc Japan Computers and Peripherals 73.04 www.ubic.co.jp
421 Chinasoft International Ltd China Software 72.88 www.chinasofti.com
422 Annik Technology Services Pvt Ltd India Software 72.25 www.anniksystems.com
423 Hd Biosciences Co Ltd China Biotechnology, Pharmaceutical and Medical Equipment 72.11 www.hdbiosciences.com
424 Moneual Inc South Korea Computers and Peripherals 71.83 www.moneual.co.kr
425 SINO-American Electronic Co Ltd Taiwan Computers and Peripherals 71.71 www.sac.com.tw426 Leadman Group Co Ltd China Biotechnology, Pharmaceutical and Medical Equipment 70.92 www.leadmanbio.com
427 Daikoku Denki Co Ltd Japan Computers and Peripherals 70.70 www.daikoku.co.jp
428 Aspeed Technology Inc Taiwan Semiconductors, Components and Electronics 70.21 www.aspeedtech.com
429 Catcher Technology Co Ltd Taiwan Computers and Peripherals 69.51 www.catcher-group.com
430 Shen Zhen 4px Express Co Ltd China Internet 69.29 express.4px.com
431 Dalian SAMAT New Materials Co Ltd China Semiconductors, Components and Electronics 69.24 www.dlsamat.com.cn
432 Sichuan Huanan Information Industry Co Ltd China Semiconductors, Components and Electronics 69.22 www.hnii.com.cn
433 Borders Inc Japan Internet 68.99 borders.jp
434 Thinflex Corp Taiwan Semiconductors, Components and Electronics 68.60 www.thinflex.com.tw
435 Solueta Co Ltd South Korea Semiconductors, Components and Electronics 68.48 www.solueta.com
436 Brilliant Pharmaceutical Co LtdChengdu China Biotechnology, Pharmaceutical and Medical Equipment 68.43
437 Redarc Electronics Pty Ltd Australia Semiconductors, Components and Electronics 68.33 www.redarc.com.au
438 Piped Bits Co Ltd Japan Software 68.33 www.pi-pe.co.jp
439 Ontrack Systems Ltd India Software 68.05 www.ontrackindia.com
440 Chengdu Knight Technology Co Ltd China Software 68.00
441 Candmark Electroptics Co Ltd Taiwan Semiconductors, Components and Electronics 67.73 www.candmark.com.tw
442 M2 Australia Telecommunications and Networking 67.70 www.m2.com.au
443 JSW Pacific Corp Taiwan Telecommunications and Networking 67.03 www.secufirst.com.tw
444 Lexplosion Solutions Pvt Ltd India Software 66.92 www.lexplosion.in445 Persistent Systems Ltd India Software 66.85 www.persistentsys.com
446 ENG Electric Co Ltd Taiwan Computers and Peripherals 66.78 www.eng.com.tw
447 Hanil Industrial Co Ltd South Korea Semiconductors, Components and Electronics 66.77
448 TAKE Solutions Ltd India Software 66.29 www.takesolutions.com
449 Pegatron Corp Taiwan Computers and Peripherals 66.23 www.pegatroncorp.com
450 Inchang Electronic Co Ltd South Korea Semiconductors, Components and Electronics 66.11 www.inchang.com
451 Startia Inc Japan Internet 66.00 www.startia.co.jp
452 Micro Base Technology Corp Taiwan Semiconductors, Components and Electronics 65.81 www.microbase.com.tw
453 Kiandra IT Australia Software 65.74 www.kiandra.com
454 Truelight Corp Taiwan Telecommunications and Networking 65.72 www.truelight.com.tw
455 Kentec Inc Taiwan Computers and Peripherals 65.55 www.kentec-inc.com
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Rank Company Location Industry sector Website
456 Bionet Corp Taiwan Biotechnology, Pharmaceutical and Medical Equipment 65.34 www.babybanks.com
457 Beijing Shinetech China Software Inc China Software 65.34 www.shinetechchina.com
458 Shanghai Pony Testing Technology Co Ltd China Software 65.26 www.ponytestsh.com
459 Shinkong Materials Technology Corp Taiwan Semiconductors, Components and Electronics 65.21 www.shinkongmaterials.com.tw
460 Uclick Co Ltd South Korea Software 64.92 www.uclick.co.kr
461 Sand Dune Mail New Zealand Software 64.89 www.smtp2go.com
462 Partron Co Ltd South Korea Semiconductors, Components and Electronics 64.30 www.partron.co.kr
463 Alpha optical Co Ltd Taiwan Semiconductors, Components and Electronics 64.22 www.alphaopto.com
464 NIIT Technologies Ltd India Software 64.04 www.niit-tech.com
465 Bei jing Kawin Technology Share-Holding Co Ltd China Biotechnology, Pharmaceutical and Medical Equipment 63.89 www.kawin.com.cn
466 Beijing Jinyujiaxin Technology Development Co Ltd China Semiconductors, Components and Electronics 63.76 www.jyjxtech.com
467 ProCrystal Technology Co Ltd Taiwan Semiconductors, Components and Electronics 63.42 www.procrystal.com.tw
468 AEWIN Technologies Co Ltd Taiwan Computers and Peripherals 62.88 www.aewin.com.tw
469 Global Lighting Technologies Inc Taiwan Semiconductors, Components and Electronics 62.59 www.glthome.com.tw
470 Largan Precision Co Ltd Taiwan Semiconductors, Components and Electronics 62.51 www.largan.com.tw471 Vinove Software & Services Pvt Ltd India Software 62.39 www.vinove.com
472 Unique Optical Industrial Co Ltd Taiwan Semiconductors, Components and Electronics 62.38 www.t-unique.com
473 Cando Corp Taiwan Semiconductors, Components and Electronics 62.25 www.candocom.com
474 Seekom New Zealand Internet 62.12 www.seekom.com
475 Trais Co Ltd South Korea Semiconductors, Components and Electronics 61.89 www.trais.co.kr
476 OK Biotech Co Ltd Taiwan Biotechnology, Pharmaceutical and Medical Equipment 61.75 www.okbiotech.com
477 Taejung Technical Mfg Co Ltd South Korea Semiconductors, Components and Electronics 61.25 www.taejungtech.com
478 Mycenax Biotech Inc Taiwan Biotechnology, Pharmaceutical and Medical Equipment 61.25 www.mycenax.com.tw
479 Sapple Systems Pvt Ltd India Software 61.10 www.sapple.co.in
480 Ally Hi-Tech Co Ltd China Green Technology 61.05 www.allyinst.com
481 Win Semiconductors Corp Taiwan Semiconductors, Components and Electronics 60.96 www.winfoundry.com
482 Tigerspike Pty Ltd Australia Software 60.80 www.tigerspike.com
483 Gu Ta Internet Information Co Ltd Taiwan Internet 60.70 www.gt-group.com.tw
484 Nitro Australia Software 60.69 www.nitropdf.com
485 Zen Voce Corp Taiwan Semiconductors, Components and Electronics 60.64 www.zenvoce.com
486 Transystem Inc Taiwan Telecommunications and Networking 60.53 www.transystem.com.tw
487 Taiwan Orchid Professionals Co Ltd Taiwan Biotechnology, Pharmaceutical and Medical Equipment 60.53 www.taiwanorchids.com.tw
488 Chi-Vac Research & Development Co Ltd China Semiconductors, Components and Electronics 60.50 www.chi-vac.com
489 InnoDisk Corp Taiwan Semiconductors, Components and Electronics 60.45 www.innodisk.com490 Taiwan Advance Bio-Pharmaceutical Inc Taiwan Biotechnology, Pharmaceutical and Medical Equipment 60.30 www.biotest.com.tw
491 Holux Technology Inc Taiwan Telecommunications and Networking 60.24 www.holux.com.tw
492 Easy Field Corp Taiwan Semiconductors, Components and Electronics 60.20 www.efctw.com
493 Jiin Yeeh Ding Enterprise Co Ltd Taiwan Semiconductors, Components and Electronics 59.95 www.jyd.com.tw
494 Wintek Corp Taiwan Semiconductors, Components and Electronics 59.94 www.wintek.com.tw
495 Zhen Ding Technology Holding Ltd Taiwan Semiconductors, Components and Electronics 59.58 www.zdtco.com
496 hipages.com.au Pty Ltd Australia Internet 59.56 www.hipages.com.au
497 United Fiber Optic Communication Inc Taiwan Telecommunications and Networking 59.53 www.ufoc.com.tw
498 Seegene Co Ltd South Korea Biotechnology, Pharmaceutical and Medical Equipment 59.53 www.seegene.com
499 ansarada Pty Ltd Australia Software 59.52 www.ansarada.com
500 China Animation Group Ltd China Internet 59.25 www.animatechina.com
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Contacts at DTTL and its member firms
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Amanda Goldstein
Global TMT Marketing Lead
Breda Duignan
Chief of Staff
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Karen Hogger
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Yehuda Minkowicz
Financial Analyst
For more information, please contact:
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