TEOCO Recognized on Deloitte’s 2013 Technology Fast 500
192% Percent Revenue Growth Leads to Fourth Consecutive Ranking on Prestigious List
Fairfax, Va., 13 November 2013 – TEOCO, the leading provider of Assurance and Analytics solutions to communications service providers worldwide, today announced it ranked on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. TEOCO grew 192% percent during this period.
“Being recognized as one of the fastest growing technology corporations in the nation for a fourth consecutive year is a great honor,” said TEOCO CEO and Founder Atul Jain. “This prestigious recognition is a testament to how hard TEOCO works to provide the highest value for our customers with our leading assurance and analytics solutions.”
Overall, 2013 Technology Fast 500™ companies achieved revenue growth ranging from 137 percent to 208,897 percent from 2008 to 2012, with an average growth of 2,600 percent.
About Deloitte’s 2013 Technology Fast 500™
Technology Fast 500, conducted by Deloitte LLP, provides a ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies – both public and private – in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2008 to 2012.
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 five years, and be headquartered within North America.