The Cloud, Schnitzels Behind Some of Australia's Fastest Growing Companies

SYDNEY — An annual list of fast-growing companies in Australia has been released, with a cloud-based company scoring the coveted first place.

The highly respected Business Review Weekly's Fast 100 list, is made up of companies with the fastest growth rate for revenue across a four-year period

See also: What Is Your Biggest Dream?

Kloud Solutions, which specialises in moving businesses to cloud-based storage, topped the list with a 273% average annual growth over the past four years

Former Microsoft employee Nicki Bowers had the idea for the company after she spotted a gap in the market when the cloud was still a fluffy white thing in the sky. It was founded in 2010 and the company turned over more than $19 million in the last financial year, with goals set for $50 million this year. Read more...

More about Australia, Entrepreneur, Us World, and Brw