TRALEE, County Kerry, Ireland, Oct. 19 /PRNewswire/ -- PulseLearning (which was founded in 1999 with an investment of ten euro and was initially run on a second-hand computer set up in a child's bedroom in a Tralee, County Kerry suburban semi), has been named fastest growing IT company in Ireland at the '2007 Deloitte Technology Fast 50 Awards.'
The Fast 50 Awards, now in their eighth year, rank the 50 fastest growing technology companies in the Republic of Ireland and Northern Ireland based on percentage revenue growth over a five-year period. Since PulseLearning was founded, its revenues have achieved a turnover growth of 6000%. The company is expecting to double that growth this year, for the sixth year in a row.
This is the second major award win for PulseLearning in the past two weeks. On Monday last (15 October) it announced that it had won the Gold Award at the CLO Learning Leaders Awards in Arizona. On that occasion, it beat off stiff competition from fourteen companies in seven countries around the world.
PulseLearning, which is now valued at 30 million euro, lists NASA and billion dollar-plus-turnover giants Dell, Pfizer, Philips, Schering-Plough, Bank of America and CA (formerly Computer Associates) among its clients.
It was founded by former manufacturing management specialist, Jim Breen who, for the first 12 months, ran the company on a second-hand PC set up in his young son's bedroom. Jim Breen has been nominated for the 'Ernst & Young 2007 Entrepreneur of the Year Award' (winner due to be announced on 25 October next).
PulseLearning, which now has offices in New York, Boston, Arizona, New
Brunswick (Canada), Tralee and Limerick, is the second Irish eLearning
company in recent years to have secured a high-profile presence in the
global eLearning market. In that respect, its successes to date are
frequently compared with those of the Dublin-based eLearning operation
Riverdeep which made Irish corporate history last y
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