Attributes its 675% Percent Revenue Growth to growing demand for actionable insight
London, UK and Oslo, Norway and New York, US: 6 December, 2011: Confirmit today announced that it is, for the second year in a row, ranked on the Deloitte Technology Fast 500 EMEA 2011, a ranking of the 500 fastest growing technology companies in EMEA. Rankings are based on percentage revenue growth over five years.
Henning Hansen
Henning Hansen
Confirmit, the leading global software provider for Customer Feedback, Employee Feedback and Market Research (MR) grew 675 percent during this period.
Confirmit's President and CEO, Henning Hansen, credits global expansion to reach a wider customer base, new partnerships and the addition of significant new functionality to its standard setting Horizons survey platform with the company's 675% revenue growth over the past five years. He said, "Our recent acquisition of Vancouver-based mobile company, Techneos, and continued investment in R&D will ensure that we will continue to offer innovative, best in class, multichannel solutions for actionable insight going forward."
"Making the Deloitte Technology Fast 500 is commendable in today's highly competitive technology industry," said David Halstead, Deloitte United Kingdom, partner in charge of the Deloitte Technology Fast 500 EMEA programme. "We congratulate Confirmit on being one of the 500 fastest growing technology companies in the region."
"Achieving sustained revenue growth of 675 percent over five years is a tremendous achievement," said David Halstead, Deloitte United Kingdom and partner in charge of the Deloitte Technology Fast 500 EMEA programme. "Confirmit's phenomenal growth puts it in select company."
Deloitte Technology Fast 500 EMEA selection and qualifications
The Technology Fast 500 list is compiled from the Deloitte EMEA Technology Fast 50 programmes, nominations submitted directly to the Technology Fast 500, and public company database research. To qualify for the Technology Fast 500, entrants must have had base-year operating revenues of at least €50,000 and current-year operating revenues of at least €800,000.
Entrants must also be public or private companies headquartered in EMEA and must be a "technology company," defined as a company that develops or owns proprietary technology that contributes to a significant portion of the company's operating revenues; or manufactures a technology-related product; or devotes a high percentage of effort to the research and development of technology. Using other companies' technology in a unique way does not qualify.