Attributes 971% Revenue Growth to its unique IP and triple-play of analytics, technology and domain expertise
BERKELEY HEIGHTS, NJ, November 20, 2015 /24-7PressRelease/ -- Axtria today announced it ranked 91 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. Axtria showed a growth of 971% percent from 2011 to 2014 (calculation period for Fast 500(TM) awards).
Axtria's CEO, Jassi Chadha, credits unique IP - including a broad portfolio of next generation cloud analytics offerings such as Axtria SalesIQ(TM) - and a corporate culture obsessed on customer satisfaction for company's 971% growth. "We are honored to be selected for this award by Deloitte. This recognition is a testimony to our company's focus on improving our customer's sales and marketing outcomes through cloud-based analytics. We are grateful to our clients for their continued support and for giving us the opportunity to provide them with innovative analytical insights."
"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.
About Axtria Inc.
Axtria is a Big Data Analytics company which combines industry knowledge, analytics and technology to help clients make better data-driven decisions. Our cloud-based platforms support sales, marketing and risk management decisions. Axtria works with clients across industries with a high-touch on-site and onshore presence, leveraged by a global delivery platform.