Netalia, an Italian Public Cloud Service Provider, is making a name for itself as one of the most dynamic companies in Europe. The company’s impressive growth rate has earned it a spot in the prestigious “FT 1000 2024” ranking, which highlights the fastest-growing European companies between 2019 and 2022.
Netalia’s success in the ranking is a testament to its resilience and ability to thrive in challenging times. The company’s growth rate of 217% and average annual growth rate of +47% place it among the top 150 companies in the IT and software sector. This achievement is even more remarkable considering the economic challenges posed by the Covid-19 pandemic, high inflation rates, and geopolitical uncertainties. The Financial Times highlights the efforts of European companies that have successfully navigated the challenges brought on by the pandemic and other global uncertainties. The Italian company’s strong performance in the IT sector reflects the growing importance of digital companies in today’s business landscape.
In a highly competitive market, Netalia has managed to distinguish itself as a forward-thinking and innovative player in the digital space. Its success in the “FT 1000” ranking is a validation of the company’s strategic vision and ability to adapt to changing market conditions.
In order to be included in the “FT 1000” ranking, companies must have achieved a minimum revenue of €100,000 in 2019 and €1.5 million in 2022. They must also be independent, headquartered in Europe, and show organic revenue growth over the three-year period. The ranking is based on the compound annual growth rate (CAGR) of each company, as verified by the German research firm Statista.