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Deloitte Celebrates 25th Year of Technology Fast 500™; Unveils 2019 North America Rankings
Deloitte today celebrated the 25th anniversary and release of its “North America Technology Fast 500,” an annual ranking of the fastest-growing North American companies in the technology, media, telecommunications, life sciences and energy tech sectors.
UiPath claimed the top spot with a growth rate of 37,458% from 2015 to 2018. Founded in 2005, UiPath’s vision is a robot for every person — freeing people of burdensome, repetitive labor so they can focus on more valuable, satisfying work. UiPath has automated millions of repetitive, rule-based tasks for organizations worldwide. UiPath is one of three New York-based companies ranked in the top 10 this year.
Technology Fast 500 awardees are selected based on percentage fiscal year revenue growth from 2015 to 2018. Over the past quarter century, the Fast 500 program has honored nearly 6,000 companies across North America.
Overall, the 2019 Technology Fast 500 companies achieved revenue growth ranging from 166% to 37,458% over the three-year time frame, with a median growth rate of 439%. Results also show a shift to more private companies making the list (76%) versus public companies (24%) — a 7% change from last year’s rankings.
“This year marks the 25th anniversary of Deloitte’s Technology Fast 500, so we are especially pleased to announce and congratulate the 2019 winners,” said Sandra Shirai, vice chairman, Deloitte LLP, and U.S. technology, media and telecommunications leader. “Once again, we saw innovation across the board, with software companies continuing their dominance of the top 10. It’s always inspiring to see how the Fast 500 companies are transforming business and the world we live and work in.”
“Being recognized by Deloitte as the fastest growing technology company on the Fast 500 List is nothing short of incredible,” said Daniel Dines, co-founder and CEO of UiPath. “What we’ve achieved over the last decade could not have been done without the hard work of our employees and the amazing support of our customers, partners and investors. They humble us and inspire us to work harder to evolve RPA as the technology that not only unlocks the true potential of AI, but also other emerging solutions. This achievement is for all of them.”
The Technology Fast 500’s top 10 include:
|
2019 |
Company |
Sector  |
Revenue |
City, State |
|
1 |
UiPath |
Software |
37,458% |
New York, New |
|
2 |
Sarepta Therapeutics, |
Biotechnology/ pharmaceuticals |
23,925% |
Cambridge, |
|
3 |
AuditBoard |
Software |
16,682% |
Los Angeles, |
|
4 |
Outreach |
Software |
16,069% |
Seattle, |
|
5 |
iLearningEngines Inc. |
Software |
15,846% |
Bethesda, |
|
6 |
Urgently |
Software |
11,624% |
Vienna, Virginia |
|
7 |
SentinelOne |
Software |
10,275% |
Mountain View, |
|
8 |
Wibbitz |
Software |
9,083% |
New York, New |
|
9 |
LendingPoint |
Software |
8,813% |
Kennesaw, |
|
10 |
Fortress Biotech, Inc. |
Biotechnology/ pharmaceuticals |
8,463% |
New York, New |
Silicon Valley has largest share of winners
Deloitte’s Technology Fast 500 winners represent more than 41 states and provinces across North America. California’s Silicon Valley continues to produce fast-growing companies, leading regional representation with 19% of this year’s Fast 500. The New York metro area also fared well with 12% of the companies; New England with 8% and Greater Washington, D.C., with 7%, and Greater Los Angeles accounted for 5%.
Following is a summary of the 2019 ranking by regions with a significant concentration of winners:
|
Location |
Percentage |
Fastest-Growing |
Overall |
Dominant Sectors in |
|
Silicon |
19% |
SentinelOne |
7 |
Software 75% |
|
New York |
12% |
UiPath |
1 |
Software 61%; Digital |
|
New England |
8% |
Sarepta |
2 |
Software 55%; |
|
Greater |
7% |
iLearningEngines |
5 |
Software 80% |
|
Greater Los |
5% |
AuditBoard |
3 |
Software 63% |
Software continues to dominate for the 24th straight year
Software companies continue to deliver the highest growth rates for the 24th straight year, representing 68% of the entire list and eight of the top 10 overall winners. Of the private companies on the list, 48% identify themselves as part of the software as a service (SaaS) or enterprise software subsector and 12% of companies are software with a financial services orientation (fintech). Since the creation of the ranking, software companies have consistently made up the majority of the winners, with a median growth rate of 449% in 2019.
Biotechnology/pharmaceutical companies make up the second most prevalent sector in this year’s rankings, accounting for 11% of the Fast 500 companies and achieving a median growth rate of 402% in 2019. Digital content/media/entertainment companies rank third at 10% of the list with a median growth rate of 439%.
The Technology Fast 500 by industry sector:
|
Sector |
Percentage |
Sector Leader |
Median Revenue |
|
Software |
68% |
UiPath |
449% |
|
Biotechnology/ |
11% |
Sarepta Therapeutics |
402% |
|
Digital content/ media/entertainment |
10% |
Vislink Technologies |
439% |
|
Medical devices |
4% |
Accelerate |
432% |
|
Communications/ |
3% |
Ridgeline |
305% |
|
Electronic devices/ |
3% |
Fitness Cubed Inc. |
337% |
|
Semiconductor |
1% |
Phononic |
278% |
|
Energy tech |
1% |
GreenPrint |
920% |
Four out of five companies received venture backing
In the 2019 Fast 500 rankings, 85% of the companies were backed by venture capital at some point in their company history. Notably, 28 of the top 30 companies on the Technology Fast 500 in 2019 received venture funding.
“As technology innovation trends toward ‘everything as a service,’ it’s no surprise that software companies dominate the winners list yet again this year,” said Mohana Dissanayake, partner, Deloitte & Touche LLP, and industry leader for technology, media and telecommunications, within Deloitte’s audit and assurance practice. “What’s 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.”
SOURCE Deloitte
HAMILTON, Bermuda, Dec. 19, 2024 /PRNewswire/ — FXGiants has recently launched a series of exciting bonuses. Participants on the FXGiants‘ online trading platform can now amplify their trading potential with a broad spectrum of bonuses that are tailored to fit different trading needs. These bonuses not only add extra value but also act as a safety net for traders to explore the financial markets without risking too much.
“Our goal with these deposit bonus options is to empower traders of all levels,” said Christopher Oates, the spokesperson for FXGiants. “Under this scheme, we have diverse categories, including Bonus Maximiser, Booster Bonus, and the Bonus Advantage. These bonuses are designed to provide flexibility to clients as they trade on the FXGiants online trading platform.”
Exploring the FXGiants Bonus Options
The bonus options at FXGiants come with versatile advantages. The Bonus Maximiser provides a full 100% boost on all deposits without limit, whereas the Booster Bonus offers a 40% bonus on all deposits up to $4,000 for traders who want to moderately enhance their capital. On the other hand, the Bonus Advantage provides a 60% bonus on deposits up to $5,000, giving traders a better handle on risk. These bonuses enhance the trading experience on the FXGiants online trading platform.
“At FXGiants, we are committed to a trading environment that meets the evolving needs of our clients,” Oates added. “Our online trading platform is a robust ecosystem designed to support traders with advanced execution, extensive market insights, and continuous improvements. As we move forward, we will keep expanding our offerings to ensure that traders have access to the best resources and support.”
About FXGiants
FXGiants stands out as an international broker providing access to over 300 financial instruments across 6 asset classes. Traders can operate through the popular MetaTrader 4 platform, and benefit from exceptional trading conditions such as competitive spreads, flexible leverage, and fast execution. With deposit boosters, partnership programs, an educational blog, and account types tailored to both novice and experienced traders, FXGiants remains dedicated to delivering a one-stop trading solution.
Terms & Conditions apply. Bonus cannot be withdrawn.
All trading involves risk. It is possible to lose all your capital.
FXGiants is a trade name of Notesco Int Limited; a company incorporated in Anguilla with registration number A000001800 and registered address The Valley, AI2640, Cosely Drive, 1338, AI.
Website: https://www.fxgiants.com/
View original content:https://www.prnewswire.co.uk/news-releases/fxgiants-online-trading-platform-launches-bonus-initiative-to-reward-traders-302338463.html
BEIJING, Dec. 23, 2024 /PRNewswire/ — Cheung Kong Graduate School of Business (CKGSB) successfully hosted the Western China MBA Professor Training Program in collaboration with the China National MBA Education Supervisory Committee and Shantou University School of Business on December 17 and 18, 2024. 58 professors from over 40 universities in China nationwide, mostly western China, attended this training.
Since 2007, CKGSB has been aspiring to address the pressing disparities in management education between eastern and western China with its MBA professor training program. As of 2024, the program has trained 372 professors from 155 universities across 22 provinces, 4 autonomous regions, 3 direct-administered municipality in China, indirectly impacting tens of thousands of MBA students.
This year, the training focused on social innovation and business for good, a topic many participating professors found lacking in their day-to-day teaching and research. Professor ZHU Rui (Juliet), CKGSB Professor of Marketing and Director of the ESG and Social Innovation Center, led the training. She introduced how CKGSB has been innovating with the integration of business for good in management education, and how our relevant practice-based course has already helped 2,800+ students integrate ESG into their businesses. Professor Zhu also hosted an interactive workshop with the training’s participants on how they may build this idea into their teaching.
Participants shared in their post-program survey that Professor Zhu’s teaching and her ESG Assessment map gave them a new perspective on how to balance profits and social responsibilities. Many also felt inspired on how to bridge the gap between research and practice.
Recognized in CKGSB’s 2022 and 2024 ESG and Social Innovation Reports and honored as a finalist for the 2021 China Social Impact Award by the United Nations and British Chamber of Commerce, this program exemplifies CKGSB’s impact in this critical area. Through partnerships with the government, NGOs, and business schools, this initiative has made significant progress in promoting quality education and reducing inequalities.
For more information on CKGSB’s ESG and social innovation efforts, visit our ESG and social innovation website.
About CKGSB
Established in Beijing in November 2002, CKGSB is China’s first privately-funded and research-driven business school. The school aims to cultivate transformative business leaders with a global vision, sense of social responsibility, innovative mindset, and ability to lead with empathy and compassion (https://english.ckgsb.edu.cn).
View original content:https://www.prnewswire.co.uk/news-releases/ckgsb-successfully-hosts-2024-mba-professor-training-program-for-western-china-302338458.html
VADUZ, Liechtenstein, Dec. 23, 2024 /PRNewswire/ — Wirex, a global leader in bridging traditional and digital finance, has announced the addition of VNX Euro (VEUR) and VNX Swiss Franc (VCHF) to its platform. With this integration, Wirex users can now spend VEUR and VCHF directly through their Wirex cards, streamlining everyday transactions and enhancing convenience.
Wirex cards allow users to use VEUR and VCHF in various ways. Whether users receive payments in VEUR and/or VCHF, use them for remittances (including cross-border transactions), or sell digital assets for stablecoins instead of fiat, Wirex provides the simplest solution for spending in real life. Users can instantly convert their stablecoins into fiat currency and send them directly to their bank accounts, catering to those who prefer traditional banking options.
Pavel Matveev, Co-founder of Wirex, said: “We’re excited to welcome VNX Euro (VEUR) and VNX Swiss Franc (VCHF) to Wirex. This addition allows our users to effortlessly spend stablecoins in real life, whether for daily purchases, remittances, or managing their digital assets. At Wirex, our goal is to make digital currencies as convenient and versatile as traditional money, and VEUR and VCHF are another step toward achieving that vision.”
Future Features
Additional features will be rolled out later after the launch, complementing the immediate benefits of VEUR and VCHF. These include loans and high-yield X-Accounts, both of which are growing in popularity among Wirex users. Loans offer a smart and tax-efficient way to access liquidity without selling underlying digital assets. Users can leverage their BTC, ETH, SOL, and other digital assets, as collateral for loans in stablecoins, allowing them to benefit from potential appreciation while accessing funds without triggering taxable events.
X-Accounts provide an opportunity for users to earn industry-leading yields of up to 15% APY on their stablecoin balances, enhancing the overall value proposition of holding VEUR and VCHF within the Wirex ecosystem.
Upcoming Advanced Opportunities
VEUR and VCHF have the potential to become preferred options in Wirex’s advanced trading products, such as Wirex DUO and Wirex Multiply. Notably, Euro-backed stablecoins have already demonstrated significantly higher usage among Wirex users than larger USD alternatives, highlighting strong demand for Euro-denominated trading options.
As Wirex explores adding VEUR and VCHF to these products, it aims to further strengthen its position as a leader in digital finance by offering innovative solutions that bridge the gap between traditional finance and digital assets.
Disclaimer: The term “stablecoin” is used herein in relation to VEUR and VCHF for marketing purposes. The reader however shall understand that VEUR and VCHF are fiat-referenced tokens which are described in more detail in the VNX Gold based Fiat Referenced Tokens (FRT) Terms and Conditions which are available for review at www.vnx.li
About VEUR and VCHF
Both VEUR and VCHF are multichain tokens referencing the Euro and Swiss Franc, developed by VNX, generated by a licensed token generator under the Blockchain Act in Liechtenstein. VEUR and VCHF are supported by the reserves ensuring 1:1 parity and represent a reliable digital asset in the crypto world. These tokens combine the stability of fiat currencies with the convenience of crypto, enabling quick, low-cost, and 24/7 accessible cross-border payments while opening new opportunities in DeFi.
About Wirex
Wirex is a prominent UK-based digital payments platform with over 6 million customers spread across 130 countries. It offers secure accounts, making it easy for users to store, purchase, and exchange multiple currencies seamlessly. As a principal member of both Visa and Mastercard, Wirex goes beyond traditional services, embracing the evolving trends of Web3 to provide mainstream access to digital finance and wealth management. Having processed transactions totalling $20 billion, Wirex aims to contribute to the adoption of a cashless society by facilitating straightforward transactions in various currencies worldwide. Wirex is simplifying digital payments, making it more accessible and convenient for people across the globe.
Photo: https://mma.prnewswire.com/media/2586836/Wirex_VEUR_VCHF.jpg
Logo: https://mma.prnewswire.com/media/2031625/5077408/Wirex_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/wirex-adds-veur-and-vchf-stablecoins-to-its-platform-for-seamless-spending-302338369.html
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