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Helsinki, Finland – November 30th, 2011 – Eniram Limited, a provider of data analytics software for the shipping and marine industry, has topped the ‘Greentech’ category in the Deloitte Technology Fast 500 EMEA 2011, a ranking of the 500 fastest growing technology companies in EMEA.

This is in addition to being ranked Number 14 overall for EMEA based on Eniram’s growth record over the last five years. Eniram grew 6,209% during this period, compared with an average growth rate of 1,287% across all of the companies ranked in the Deloitte Technology Fast 500 EMEA 2011. As a result of this exceptional performance, Eniram was recently named the fastest growing company in Finland in the Deloitte Fast 50.

Eniram’s CEO, Philip Padfield, expressed his delight not only at the company’s relative growth performance across EMEA, but also specifically at leading the Greentech category. This highlights companies making a positive contribution to the environment through the strategic application of technology.

He commented, “Our software directly targets fuel consumption, using techniques such as dynamic trim optimisation to hone the way their fleets move through the water. Given the environmental pressures on shipping operators, not to mention the soaring prices of fuel, Eniram’s solutions have particular resonance in the current climate. On average they lead to savings per vessel of 219,000 Euros a year (£188,000 or $300,000 a year) which translates to 1,500 tonnes of CO2 – the equivalent of the annual carbon footprint of 140 people.”

“Making the Deloitte Technology Fast 500 is commendable in today’s highly competitive technology industry,” said David Halstead, Deloitte United Kingdom, partner in charge of the Deloitte Technology Fast 500 EMEA programme. “We congratulate Eniram on being one of the 500 fastest growing technology companies in the region.”

For further information, please contact

Carina Birt
PR for Eniram
E: carina@sarumpr.com
T: +44 (0) 1722 411150
m: +44 (0) 7970 006624
Skype carina.birt
Twitter @birtie

About Eniram

Eniram provides the maritime industry with novel decision support systems to reduce fuel consumption and emissions as well as to support decision making with information analytics. Eniram solutions range from single onboard applications to comprehensive fleet analysis. Eniram has accumulated extensive knowledge from the shipbuilding industry, seafarers and software specialists. Eniram has created a product portfolio to truly assist the shipping industry by providing tools for the crew and naval operations to enhance vessel performance and operations. Eniram solutions enable the industry to deal with the challenge of getting the right information to the right place in real time. Based on Eniram’s Vessel Management Platform, the company offers solutions in the areas of Performance improvement, Environmental savings and Information intelligence.  www.eniram.fi

About Deloitte Technology Fast 500 EMEA

The Deloitte Technology Fast 500 EMEA is the region’s most objective industry-ranking standard to focus on the technology field and recognizes technology companies that have achieved the fastest rates of revenue growth in Europe, the Middle East and Africa during the past five years. Combining technological innovation, entrepreneurship and rapid growth, Fast 500 companies – large, small, public and private – span a variety of industry sectors, and are leaders in hardware, software, telecom, semiconductors, internet, media, life sciences and emerging areas, such as clean technology.

The programme is supported by the Deloitte Technology Fast 50 initiatives, which rank high growth technology companies by location or specifically defined geographic area and is run by the Deloitte Touche Tohmatsu Limited’s Technology, Media & Telecommunications (TMT) global industry group. Co-sponsors include Taylor Wessing, a leading International law firm with a focus on the industries of tomorrow, and Fidelity Growth Partners Europe, a venture and growth capital investor which backs entrepreneur with aspiration for greatness in the IT and clean technology sectors across Europe.

About Deloitte

Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte Touche Tohmatsu
Limited and its member firms.

Deloitte provides audit, tax, consulting, and financial advisory services to public and private clients spanning multiple industries. With a globally connected network of member firms in more than 140 countries, Deloitte brings world-class capabilities and deep local expertise to help clients succeed wherever they operate. Deloitte’s approximately 170,000 professionals are committed to becoming the standard of excellence.

Keywords:

Container, Ship, Vessel, CO2, Carbon Footprint, Environment, Emission, Fuel, Bunker, Shipping, Marine, Dynamic Trimming Assistant, DTA, Greentech, clean technology, Cleantech, Deloitte Fast 500

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Helsinki, Finland – November 9th, 2011 – Eniram Limited, a provider of data analytics software for the shipping and marine industry, has been named the fastest growing company in Finland in the Deloitte Fast 50, recognising the company’s meteoric expansion over the last 5 years. 

This is a prestigious accolade for Helsinki-based Eniram and underlines the enormous value the company offers to a global market currently subject to immense cost and environmental pressures. Eniram’s solutions go right to the heart of these issues, specifically reducing fuel consumption, using techniques for example, such as dynamic trim optimisation. The software monitors sea conditions and vessel performance in real time, allowing operators of large cruise ships and container vessels to hone the way their fleets move through the water. 

The impact on fuel consumption and related operating costs can be as much as 5%. Across over 100 vessels that use Eniram’s software today, total financial savings (on fuel) have tipped 32.7 million Euros a year (£28 million or $45 million). That’s equivalent to the annual CO2 output of around 20,000 people – the population of a small town. On average the saving per vessel is 219,000 Euros a year (£188,000 or $300,000 a year) – or 1,500 tonnes of CO2, the equivalent of the annual carbon footprint of 140 people. 

Eniram’s technology strikes such a chord with operators in the current climate that its annual revenues have grown by 6209% over the last five years. The company was founded in 2005. In 2010, it recorded a 300% increase in revenues over 2009, turning over 3.3 million Euros (£2.8M or $4.5M) and in 2011 it expects to achieve a 200% revenue growth. 

The Deloitte Finland Fast 50 is part of the Deloitte Technology Fast 500 EMEA programme, the region’s most objective industry award programme, which recognises technology companies that have achieved the fastest rates of revenue growth in Europe, the Middle East and Africa over a five-year period. The Deloitte Technology Fast 50 initiatives rank high-growth technology companies by location or specifically defined geographic area. 

Naming Eniram as the fastest growing technology company in Finland at the awards ceremony in Helsinki on Monday night, JP Suortti, Director, Technology, Media and Telecommunications at Deloitte, said, “This year’s Deloitte Fast 50 companies have successfully fought against the economic turbulence. We are delighted to see a green-tech company as the winner of this year’s competition. We hope to see more fast growers emerge from this exciting sector. We congratulate Eniram for their success and wish them well in their quest to combine innovative software and application development with maritime industry and its deep rooted heritage.”

Commenting on the announcement, Philip Padfield, Eniram’s CEO, said, “There are two real reasons for the tremendous growth we’ve seen over the last few years. The first is the quality of our people; the second is our customers. We’re incredibly lucky that we have a pool of talented technologists and also talented marine expertise here. We bring the two together to address the significant pressures on the industry to reduce fuel-related costs and also CO2, SOx and NOx emissions. This makes operators more efficient, competitive and compliant with environmental legislation. We can help companies with transparency issues too, by providing them with intelligent analysis of the data that we collect from their vessels. This helps them make intelligent and informed decisions about how to operate their fleets, adding to the potential improvements and savings.”

In 2010, the company expanded its London and US offices, and recruited additional staff to keep pace with customer demand. Its exciting growth plans include widening its geographical presence, and expanding sales to 10 million Euros over the next 18 months.

More on the Deloitte Technology Fast 500 EMEA can be found at http://www.deloitte.co.uk/fast500emea/. More details of the Deloitte Finland 50 can be found at www.deloitte.com/fi/fast50.  

For further information, please contact

Carina Birt
PR for Eniram
E: carina@sarumpr.com
T: +44 (0) 1722 411150
m: +44 (0) 7970 006624
Skype carina.birt
Twitter @birtie

Eniram press photos are available at: http://www.eniram.fi/resource-library

About Eniram

Eniram provides the maritime industry with novel decision support systems to reduce fuel consumption and emissions as well as to support decision making with information analytics. Eniram solutions range from single onboard applications to comprehensive fleet analysis. Eniram has accumulated extensive knowledge from the shipbuilding industry, seafarers and software specialists. Eniram has created a product portfolio to truly assist the shipping industry by providing tools for the crew and naval operations to enhance vessel performance and operations. Eniram solutions enable the industry to deal with the challenge of getting the right information to the right place in real time. Based on Eniram’s Vessel Management Platform, the company offers solutions in the areas of Performance improvement, Environmental savings and Information intelligence. www.eniram.fi

Keywords: Container, Ship, Vessel, CO2, Carbon Footprint, Environment, Emission, Fuel, Bunker, Savings, Save, Fleet, Seafaring, Shipping, Marine, Dynamic Trimming Assistant, DTA, dynamic trimming, optimum trim, new building