Business Daily Media

Men's Weekly

.

Coviu recognised as a Rising Star in the 2020 Deloitte Technology Fast 50 Australia Awards

  • Written by Staff Writer


Australia's leading telehealth solution, Coviu, has been recognised as a company to watch in Deloitte’s Technology Fast 50 Awards for 2020, placing second in the Rising Star category of the prestigious awards.

 

Coviu sells purpose-built video telehealth software to healthcare companies. During the last 9 months, Coviu has enabled over 2 million video visits to take place between patients and clinicians, helping to keep the spread of the Coronavirus under control. By growing from 400 video visits a day to 25,000 at the height of the crisis, Coviu achieved a 11,553% growth placing it second in the Rising Star category.

 

Cofounders Dr Silvia Pfeiffer and Nathan Oehlman were ecstatic to receive the award, celebrating all the hard work that the team has put into scaling the business in recent months. “The award is a major recognition of our work and exposes us to a broader audience to demonstrate how we transform healthcare businesses.”


Earlier this month, Dr Silvia Pfeiffer was named Founder of Year at the 2020 Women in Digital National Awards.

 

The 2020 Deloitte Technology Fast 50 Australia Awards rank Australia’s fastest growing public or private technology companies, based on their percentage revenue growth over the last three years (2018-20). To qualify for the full list, each company must have minimum cumulative revenues of $8m over the period.

The Rising Star category highlights companies reporting high levels of revenue growth over a period of less than three years and who do not, therefore, yet qualify for the Technology Fast 50 Awards.

Supported by the ASX, National Australia Bank and DLA Piper Australia, the awards are in their twentieth year and provide international recognition for Australian innovation, with the winners gaining automatic entry into the Deloitte Asia Pacific Technology Fast 500 program.

“The Rising Star list identifies those companies who are making a real name for themselves in the sector and who are poised to create further scale in the years ahead,” Technology Fast 50 Leader, Deloitte Partner Josh Tanchel, said.

“Let’s face it, 2020 has not been a normal year,” said Tanchel. “The winning list in 2020 highlights that the COVID-crisis has continued to accelerate the disruption of traditional industries. The rise of businesses that have successfully harnessed technology is clear. Every company nominated this year has shown great resilience and resourcefulness. We’re delighted that despite the extraordinary circumstances, so many Australian tech companies are continuing to experience growth. Deloitte congratulates all of those companies that made the list in 2020 and we look forward to tracking their ongoing progress in the years ahead.”

The largest category in the awards this year was online/direct to consumer, with COVID-19 accelerating the shift from physical stores to online by at least three years. There were also big sector wins in software and converging sectors, such as fintech and health-tech, where the intersection of consumers and technology continues to drive change, and communications/IT services which are enabling the digital transformation.

The cost of ignoring AI governance in business

Artificial intelligence (AI) is no longer the promise of a distant future: it's active, embedded, and already shaping decisions across industries. H...

Quickli launches new SMSF product as free beta for limited time only

The leading technology provider for Australian mortgage brokers, Quickli, has answered the prayers of brokers yet again with the launch of a stand...

Portable Monitors for Coding and Programming Students

Today, coding and programming require more focus and efficiency. But, the most essential thing it demands is ample screen space. Students can stru...

Beyond the Banks: Why Agility and Tech Integration Are Defining the Future of Lending in Australia

In Australia’s evolving credit landscape, non-bank lenders are no longer merely filling gaps left by traditional institutions; they are actively r...

Carma appoints Owen Wilson as Chair of the Board

Carma’s next phase of growth to be guided by REA Group’s outgoing CEO who oversaw realestate.com.au rise to be Australia's #1 place for property ...

Digital Upgrade to Boost Efficiency Across Tasmanian Ports

TasPorts is undertaking a multimillion-dollar digital transformation that will improve efficiency, and enable smarter, more sustainable operations a...

Sell by LayBy