Tremend Software Consulting entered the FT 1000 list, the annual ranking of companies in Europe with the fastest growing revenues, for the fourth consecutive time, by the Financial Times and Statista. The consulting and software development company recorded a revenue evolution of 335.6%, thus consolidating its position among the major players in Europe.
“We are happy to be, for the fourth consecutive year, in the top of the most dynamic companies in Europe. The presence in FT1000 honors us and is a recognition, at the international level, of the evolution of the company, but also of the competitiveness in the industry with the greatest dynamics – that of technology”, said Marius Hanganu, co-founder and managing partner of Tremend.
The growth is based on the organizational culture, customer-centric strategy, strategic alliances concluded in recent years, as well as the rapid adoption of emerging technologies such as Artificial Intelligence, Machine Learning, IoT, Microservices, Big Data and blockchain.
The dynamic evolution has meant an accelerated expansion of the Tremend team, which currently exceeds 350 software engineers, as well as an investment in specialization and experiential learning programs. To support the growing demand for complex software solutions and expertise in emerging technologies, the company opened a new headquarters in Brașov, which contributes to the development of projects for global clients in fields such as telecom, banking, retail, media, and the automotive industry.
The top made by the Financial Times is a ranking of companies in Europe with the fastest growth rate in the region over a period of up to 4 years. Each year, the presence of technology companies at the top has grown, thanks to the increasing importance given to innovation and the progress of the industry, reaching 189 participants in 2020.
This year, 11 companies from Romania entered the FT1000 top, of which 5 are from the IT industry. Most of the winners come from Germany, followed by Italy, the UK and France, with companies from the four countries accounting for no less than 70% of the overall ranking. Regarding the hierarchy of the cities where these successful companies are located, two Eastern European capitals entered the top 10 for the first time (Warsaw and Vilnius), the first place in the ranking being awarded to London, followed by Paris and Milan.
Founded in 2005, Tremend has implemented, to date, more than 700 major projects for telecom operators, banking, retailers, media or the automotive industry, its products serving more than 60 million end users on four continents.
Recent partnerships with Salesforce, Mastercard and Microsoft have contributed to a 55% increase in revenue in 2019. Salesforce implementations have brought Tremend’s customers engaged in digital transformation both significant business growth and innovation and an unparalleled end-customer-centric digital experience. The collaboration with Mastercard has energized the financial-banking sector by introducing current technologies, while through the partnership with Microsoft, Tremend offers solutions in the financial sector, IoT and AI, based on Microsoft Cognitive Services.
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About Tremend
Tremend has 14 years of experience in providing software engineering and consulting services and has implemented more than 700 large-scale projects for leading companies in sectors such as telecom, finance, banking, automotive and healthcare. The company uses the latest technologies of the moment, from AI and Machine Learning to IoT and Microservices.
Tremend was included, twice in a row, in the Deloitte Technology Fast 50 Central Europe, the ranking of the most dynamic technology companies in the region, and four times in a row in the FT1000 – Europe’s Fastest Growing Companies.
The consulting and software development company has two offices in Romania, in Bucharest and Brașov, and an office in Atlanta.
More information is available on www.tremend.com.
Press contact Tremend Software Consulting
Claudia Popa
Senior Marketing Specialist
M. 0723 953 534
Marius Hanganu and Ioan Cocan, founders of Tremend Software Consulting