The word from Previsico, after being listed in the Deloitte Fast 50 tech rankings;
Previsico today announced that it came 14th in the 2024 Deloitte UK Technology Fast 50, a ranking of the 50 fastest-growing technology companies in the UK. Previsico was also the fastest growing Insurtech and the Midlands Regional Winner. Previsico’s CEO, Jonathan Jackson, credits the company’s best-in-class flood forecasting technology and commitment to mitigating flood risk with the company’s 2,714 per cent revenue growth over the past three years.
“We are delighted to have been recognised as one of the fastest-growing tech companies in the UK,” Jonathan Jackson commented. “Our product, team, and business has gone from strength to strength. We look forward to building on this success to help many more people and organisations around the world adapt to flood risk and minimise their losses.”
Kiren Asad, lead partner for the Deloitte UK Technology Fast 50 programme, said: “We continue to see the resilience of the UK’s technology sector, demonstrated clearly from the impressive growth amongst this year’s Fast 50 winners.
“Amidst challenging economic conditions, these businesses have navigated their way to growth through tenacity, talent, and innovation in what remains a competitive market. I would like to extend my congratulations to all the winners.”
The 50 fastest growing UK technology companies, as ranked by Deloitte, generated £1.93bn in total annual revenues in the year 2023/24. The Deloitte UK Technology Fast 50 recorded an average three-year growth rate of 2,468 per cent.
Previsico has gained great traction worldwide, following 20 years of academic research, and is now supporting insurers such as Liberty, Zurich, and Generali, the public sector, including National Grid and National Rail, major corporate clients, and SMEs, with live actionable flood warnings for surface water flooding to mitigate losses.
Previsico’s world-leading flood forecasting solution brings together the latest weather data from the UK Met Office and US equivalent, IoT devices on the ground, and advanced flood modelling capabilities to address the increasing issue of surface water flooding.
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