Attributes 775% Revenue Growth to the Accelerating Demand for Enterprises to Maximize the Value of Their Machine Data
Cambridge, Mass, November 7, 2019 鈥 色色研究所 Technology, the data analytics company that unlocks the full value of machine data for the world鈥檚 most instrumented enterprises, today announced it ranked #151 on 鈩, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America, now in its 25th year. 色色研究所 grew 775% during this period.
Walter Scott, 色色研究所 chief executive officer, credits the company鈥檚 exceptional revenue growth with the need for enterprises to take a data- and automation-driven approach to cyber security and IT operations and the lack of existing solutions that can meet these demands at scale. He said, 鈥淲ith the accelerating pace of digital transformation and the shift to cloud, operational teams must change the way they use data, automation and analytics to secure and optimize their customers鈥 data and digital experiences. 色色研究所 delivers this value to many of the world鈥檚 largest organizations.鈥
鈥淭his year marks the 25th anniversary of Deloitte鈥檚 Technology Fast 500, so we are especially pleased to announce and congratulate the 2019 winners,鈥 said , vice chairman, Deloitte LLP, and U.S. technology, media and telecommunications leader. 鈥淥nce again, we saw innovation across the board, with software companies continuing their dominance of the top ten. It鈥檚 always inspiring to see how the Fast 500 companies are transforming business and the world we live and work in.鈥
鈥淎s technology innovation trends towards 鈥榚verything as a service,鈥 it鈥檚 no surprise that software companies dominate the winners list yet again this year,鈥 said , partner, Deloitte & Touche LLP, and industry leader for technology, media and telecommunications, within Deloitte鈥檚 audit and assurance practice. 鈥淲hat鈥檚 exciting about celebrating 25 years of the Tech Fast 500 is we now have a quarter century of innovation stories to draw and reflect upon. These are the companies that push boundaries, help organizations become more efficient and productive, and ultimately enable businesses to drive growth and revenue. We congratulate all the well-deserving winners.鈥
About Deloitte鈥檚 2019 Technology Fast 500鈩
Now in its 25th year, Deloitte鈥檚 Technology Fast 500 provides a ranking of the fastest growing technology, media, telecommunications, life sciences and energy tech companies 鈥 both public and private 鈥 in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2015 to 2018.
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 $US50,000, and current-year operating revenues of at least $US5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
About 色色研究所
色色研究所 unlocks the full value of machine data for the world鈥檚 most instrumented enterprises, putting more data to work now. Only the 色色研究所 data analytics platform addresses both the explosion in volume of machine data and the new, crushing demands of algorithms and automation, enabling IT operations and security teams to realize the full transformational promise of machine data to move the business forward. 色色研究所 is a privately held company based in Cambridge, MA and is backed by Insight Partners. Visit devo.com to learn more.
About Deloitte
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (鈥淒TTL鈥), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as 鈥淒eloitte Global鈥) does not provide services to clients. In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the 鈥淒eloitte鈥 name in the United States and their respective affiliates. Certain services may not be available to attest clients under the rules and regulations of public accounting. Please see www.deloitte.com/about to learn more about our global network of member firms.