SecurityWorldMarket

17/12/2013

Iloq ranks in Fast 500 EMEA

Oulu, Finland

Finnish technology company Iloq is the fastest growing Greentech Company in the 2013 Deloitte Technology Fast 500 EMEA, a ranking of the 500 fastest growing technology companies in Europe, Middle East and Africa. Iloq provides self-powered digital locking and access management that revolutionises the locking industry, as digital cameras have transformed photography.
"We are proud of this recognition. It shows that we have been able to quickly renew the traditional lock market. Our growth show we are on the right track and that our solution truly generates additional value for our customers," said Mika Pukari, Managing Director of Iloq.

The Deloitte Technology Fast 500 programme measures the growth rate of technology companies on the basis of turnover growth between 2008 and 2012. Iloq has grown 7,379% in the past five years. Iloq is the fastest growing Greentech Company and 14th among the 500 competitors in the 2013 Deloitte Technology Fast 500 EMEA, a ranking of the 500 fastest growing technology companies in Europe, Middle East and Africa.

"I am proud of our team and products and what we have accomplished. Personally, I am especially delighted with our current customers, who are expanding their systems and making repeated purchases. This shows we provide clear customer benefits and that our customers are satisfied with our products. I would like to thank all our customers."
“I would also like to thank our resellers with whom we have built our success.”

“I also want to thank our partners and investors for their support and contribution to our growth and success."

Iloq has developed unique, patented technology to provide digital access management without cables and batteries, and according to the company is the first and the only electronic lock cylinder in the world that self-powers by harvesting electricity from key insertion.

“Previously our technology has won several international security awards: for example Ifsec Security Industry 2008 and Detektor International Award 2010. This Deloitte award proves that we can also sell it to our customers," commented Pukari.


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