Delphix Ranked No. 53 Fastest Growing Company in North America on Deloitte’s 2015 Technology Fast 500™
Attributes 1,713 Percent Revenue Growth to Proven Technology, Large Market Opportunity
MENLO PARK, Calif., Nov. 16, 2015 -- Delphix, the market leader in Data as a Service, today announced it ranked No. 53 on Deloitte's Technology Fast 500(tm), a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America. Delphix grew 1,713 percent during this period.
Delphix chief financial officer, Stewart Grierson, credits proven technology and a large market opportunity with the company's 1,713 percent revenue growth. He said, "The Delphix team has done an incredible job creating and delivering an innovative software solution that enables 10x faster application releases. Delphix's Data as a Service software enables our customers to transform the way they manage data to accelerate application projects while significantly reducing IT costs, and I'm extremely proud of what we have accomplished."
"Amid a fierce business climate, there seems to be no shortage of new and established companies that are unlocking a seemingly unlimited potential for growth and advancement through technology's continued disruption and proliferation across industries," said Sandra Shirai, principal, Deloitte Consulting LLP and U.S. technology, media and telecommunications leader. "It is inspiring to witness the innovative ways that companies are incorporating emerging technologies for business gains, be it cognitive computing, or the Internet of Things. We congratulate all those ranked on this year's Fast 500 and look forward to seeing their continued growth into 2016."
"Through the efforts and utilization of new and emerging technologies from these companies, we are witnessing greater business demands from across almost all industries," added Jim Atwell, national managing partner of the emerging company practice, Deloitte & Touche LLP. "We look forward to the opportunity to serve these companies as they strive to grow to the next level - be it towards introducing new solutions or entering new markets - and with it make important and long lasting impressions on the technology market as a whole."
Overall, 2015 Technology Fast 500(tm) companies achieved revenue growth ranging from 109 percent to 21,984 percent from 2011 to 2014, with an average growth of 850 percent.
About Deloitte's 2015 Technology Fast 500(tm)
Deloitte's Technology Fast 500 provides a ranking of the fastest growing technology, media, telecommunications, life sciences and energy tech companies - both public and private - in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2011 to 2014.
In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company's operating revenues. Companies must have base-year operating revenues of at least $50,000 USD or CD, and current-year operating revenues of at least $5 million USD or CD. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
Delphix leads the market in Data as a Service, which helps companies release applications 10x faster by delivering secure, virtualized data across the application lifecycle. Delphix software delivers the right data to the right team at the right time, on premises or in the cloud--instead of relying on IT teams to manually move data across systems. Over 30% of the Global 100 use Delphix to deliver data across development, testing, and reporting environments, improving developer productivity and data security. Delphix is headquartered in Menlo Park, California, with offices around the world, and can be found online at www.delphix.com.
Delphix is a trademark of Delphix Corp. in the United States and other jurisdictions. All other marks and names may be trademarks of their respective organizations.
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