LONDON, November 25 /PRNewswire/ -- At an awards dinner held at Chelsea Football Club last night, London-based IT managed services provider was awarded membership of the Deloitte Technology Fast 500 for the EMEA region as part of a celebration attended by more than 500 people. 

Mitesh Patel, managing director of IT managed services provider Fifosys said, The tremendous growth in our business is derived from helping to save our clients significant sums of money on their IT spend, while consistently adding value and delivering peace of mind from reliable infrastructure and systems.

Previous winners of the Deloitte Technology Fast 500 include Google, TomTom and eBay.

With this award, judged over five years of performance, IT managed services provider Fifosys has shown that they are Europe's fastest growing managed services company.

Making the Deloitte Technology Fast 500 is commendable in today's highly competitive technology industry, said David Halstead, partner in charge of Deloitte's Technology Fast 500 EMEA program. We congratulate Fifosys on being one of the 500 fastest growing technology companies in the region.

Patel adds, Mid-market and SME organisations need good quality IT support and director-level advice and guidance if they are to grow and thrive in today's highly competitive and fast moving business world. Fifosys has found a niche within this part of the market for its range of premium-quality services and this will continue to be the reason for our success in 2010 and beyond.

 By taking a step back, assessing and understanding the current levels of risk associated with existing IT deployments, it is possible for an organisation to truly determine its ongoing IT requirements and put in place the technology, skills and resources to reduce operational risk and transform IT from a cost centre to business enabler, concludes Patel.