- Quantifi Ranked Number 181st Fastest Growing Company in North America on Deloitte’s 2009 Technology Fast 500™
- Quantifi attributes 741% Revenue Growth to product innovation and unparalleled client support
London and New York (27th October 2009) - Quantifi, a leading provider of analytics and risk management solutions to the global credit markets, today announced that it ranked number 181 on Technology Fast 500™, Deloitte LLP’s ranking of 500 of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Rankings are based on percentage of fiscal year revenue growth during the five year period from 2004–2008. Quantifi Inc. grew 741 percent during this period.
Quantifi’s CEO, Rohan Douglas, credits continuous product innovation and unparalleled customer support as the primary drivers for the company’s exponential growth over the past five years. He said, "Our clients have come to rely on Quantifi’s robust analytics and risk management tools, especially in today’s rapidly changing financial markets. Our ability to provide innovative solutions is key to our success. We are delighted by our recognition in the Technology Fast 500™.”
“Technology Fast 500™ recognizes innovative companies that have broken down barriers to success and defied the odds with their remarkable five-year revenue growth,” said Phil Asmundson, Vice Chairman and U.S. Technology, Media and Telecommunications leader, Deloitte LLP. "We congratulate Quantifi on this accomplishment."
“With its impressive five-year growth, Quantifi has earned its position among the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America.”
Mark Jensen, Managing Partner, Deloitte & Touche LLP
“With its impressive five-year growth, Quantifi has earned its position among the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America,” said Mark Jensen, Managing Partner, Technology and Venture Capital Services, Deloitte & Touche LLP. ”Deloitte is proud to honor Quantifi for its achievement.”
Technology Fast 500™ Selection and Qualifying Criteria
Technology Fast 500™ provides a ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. This ranking is compiled from nominations submitted directly to the Technology Fast 500™ website, and public company database research conducted by Deloitte. Technology Fast 500™ award winners for 2009 are selected based on percentage fiscal year revenue growth during the five year period from 2004 to 2008.
In order to be eligible for Technology Fast 500™ recognition, companies must own proprietary intellectual property or proprietary technology that contributes to a significant portion of the company's operating revenues. Using other companies' technology or intellectual property in a unique way does not satisfy this requirement. Consulting companies, professional service firms, etc. are not eligible unless they have proprietary technology that contributes to a significant portion of their operating revenues.
Technology Fast 500™ award eligibility requirements also include 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. These revenues must have more than doubled between 2004 and 2008. Additionally, companies must be in business for a minimum of five years, and be headquartered within North America.
“As used in this document, “Deloitte” means Deloitte LLP. Please see Deloitte for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.” “Deloitte” is the brand under which tens of thousands of dedicated professionals in independent firms throughout the world collaborate to provide audit, consulting, financial advisory, risk management, tax, and related services to select clients.