Fusion Named to Deloitte's Technology Fast 500 List
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. The winners are selected based on percentage fiscal year revenue growth and, in order to be eligible, 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. Additionally, to be recognized, companies must have been in business for a minimum of four years, and must have base-year operating revenues of at least $50,000.
That’s a lot of criteria to meet, and Deloitte is a reputable company, making placement on the Technology Fast 500 list a goal for many companies. This time around, Fusion, a cloud services provider for small, medium and large businesses, has been named to Deloitte’s Technology Fast 500. Fusion earned the ranking following an increase in revenue of 130 percent from 2012 to 2015.
Matthew Rosen, Fusion's Chief Executive Officer, expressed his excitement over the ranking by saying, “Fusion is honored to be named to this year's Technology Fast 500 list. We appreciate Deloitte's recognition of the success of our organic and acquisition-led growth strategy. With our recently announced acquisition of Apptix, we look forward to further advancing our innovative, yet proven single source cloud-based software solutions.”
Sandra Shirai, principal, Deloitte Consulting LLP and U.S. technology, media and telecommunications industry leader, provided some insight into why Fusion was chosen by saying that the company “encourages creativity in using and applying existing assets in new ways, as resourcefully as possible.” This set Fusion and other chosen companies apart because, as Shirai points out, any organization can be a tech company these days. To stand out, organizations need to explore change and innovation when it comes to collaboration both within and outside the office walls. Clearly, Fusion has excelled in these areas.
“This year's Fast 500 winners showcase that when organizations are open to diverse perspectives and insights, they are able to create an environment for their employees and customers to see the possibilities and ingenious solutions that might lie ahead,” added Jim Atwell, national managing partner of the emerging growth company practice, Deloitte & Touche LLP. “Entrepreneurial environments foster change and innovation within businesses, and we look forward to watching these companies continue to drive change across all sectors.”
Edited by Stefania Viscusi