Deloitte Named Delphix One of the Fastest Growing Tech Companies in N. America
Delphix is one of the fastest growing tech companies in North America according to Deloitte in its annual ranking of 500 of the most promising tech companies. Delphix narrowly missed the coveted Top 50 with a ranking of #53 out of 500 tech companies.
Delphix grew its revenues an explosive 1,713 percent from 2011 to 2014. The #1 ranked company in 2015 was New York based StartApp, an advertising network for mobile apps, with growth of 21,984 percent.
Please see: 2015 Technology Fast 500 Award winners
All startups grow fast because they start with a small base but Deloitte has tried to mitigate for this by choosing companies that have been in business at least four years; they must have revenues of at least $50,000 in the base year and at least $5 million in the current year.
Most importantly, only companies that have substantial intellectual property or proprietary technologies are eligible.
The Deloitte Technology Fast 500 was started in 1997 at the beginning of the dotcom boom to track the extraordinary revenue growth of US tech startups. There are now "Top 500" lists for other regions such as EMEA and N. America.
Did you know that 57% of the winners this year are software companies? Here’s some more facts in the infographic below: