Enviable growth, showing what an increasingly important part of the bay area economy these companies are. Fast 50 companies are concentrated in some of the emerging technology clusters such as software developers, systems integrators and telecommunications. They produce products as diverse as powered wheel chairs and automobile airbag sensors. And they deliver high-tech services as well. The azimuth and velocity of these hot bay area companies demonstrate what a successful technology area West Central Florida is now, and how much more of one it will be in the future.
Rankings are by percentage increase in revenues during the five-year period.
The purpose of the Tampa Bay Fast 50 program is to search out and acknowledge emerging technology companies that are an increasingly important part of Tampa Bay's economy and culture. Basing the program on percentage revenue growth over five years by no means discounts the impact of the larger more well known technology firms. The program, instead, helps identify the clusters developing around the larger technology companies. This year's winner, Hoveround Corp. , manufactures and markets its patented motorized wheelchairs. This remarkable 5,567 percent increase in revenues makes Hoveround the fastest of the 50.