[November 15, 2018] |
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Onapsis Ranked Number 218 Fastest Growing Company in North America on Deloitte's 2018 Technology Fast 500™
Onapsis, the global experts in ERP and business-critical application
cybersecurity and compliance, today announced it ranked 218 on Deloitte's
Technology Fast 500™, a ranking of the 500 fastest growing
technology, media, telecommunications, life sciences and energy tech
companies in North America. Onapsis grew 444.48 percent during this
period.
Onapsis's chief executive officer, Mariano Nunez, credits the increased
threat of ERP cyberattacks and ERP cloud migration initiatives with the
company's 444.48 percent revenue growth. He said, "This year we have
seen a new critical US-CERT Alert released by the Department of Homeland
Security, warning about cyberattacks on ERP applications. With over 90%
of the Global 2000 running SAP (News - Alert) and Oracle business applications and over
77% of the world's transaction revenue touching an SAP system, there is
little surprise on why cybercriminals, hacktivists and nation-states are
targeting these crown jewels. Migrations of ERP to the cloud are
making organizations more aware of the need to protect these now-public
critical applications. At Onapsis, we were both 'first-movers' and
'first-scalers,' delivering sustained hypergrowth, while delivering a
unique software platform to protect the world's largest organizations.
This award is a recognition to the hard work of all our team members,
who strive to change the status quo every day."
"Congratulations to the Deloitte (News - Alert) 2018 Technology Fast 500 winners on
this impressive achievement," said Sandra
Shirai, vice chairman, Deloitte LLP, and U.S. technology, media and
telecommunications leader. "These companies are innovators who have
converted their disruptive ideas into products, services and experiences
that can captivate new customers and drive remarkable growth."
"Software, which accounts for nearly two of every three companies on the
list, continues to produce some of the most exciting technologies of the
21st century, including innovations in artificial
intelligence, predictive analytics and robotics," said Mohana
Dissanayake, partner, Deloitte & Touche LLP, and Industry Leader for
technology, media and telecommunications, within Deloitte's audit and
assurance practice. "This year's ranking demonstrates what is likely a
national phenomenon, where many companies from all parts of America are
transforming the way we do business by combining breakthrough research
and development, entrepreneurship and rapid growth."
Onapsis previously ranked 243 as a Technology Fast 500™ award winner for
2017.
Overall, 2018 Technology Fast 500™ companies achieved revenue growth
ranging from 143 percent to 77,260 percent from 2014 to 2017, with
median growth of 412 percent.
About Deloitte's 2018 Technology Fast 500™
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 2014 to 2017.
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, and current-year operating revenues of at least $5
million USD. Additionally, companies must be in business for a minimum
of four years and be headquartered within North America.
About Onapsis
Onapsis cybersecurity solutions automate the monitoring and protection
of ERP systems SAP and Oracle (News - Alert), keeping these business-critical
applications compliant and safe from insider and outsider threats. As
the proven market leader, global enterprises trust Onapsis to protect
the essential information and processes that run their businesses.
Experts at the Onapsis Research Labs were the first to lecture on SAP
cyberattacks and have uncovered and helped fix hundreds of security
vulnerabilities to-date affecting SAP Business Suite, SAP HANA, SAP
Cloud and SAP Mobile applications, as well as Oracle JD Edwards and
Oracle E-Business Suite platforms. This patented technology is well
known, industry wide, and has gained Onapsis recognition on the Deloitte
Technology Fast-500, as a Red Herring (News - Alert) North America Top 100 company and
a SINET 16 Innovator.
Headquartered in Boston, MA, Onapsis serves over 200 customers including
many of the Global 2000. Onapsis's solutions are also the de-facto
standard for leading consulting and audit firms such as Deloitte, IBM,
Infosys (News - Alert) and PwC.
For more information, please visit www.onapsis.com,
or connect with us on Twitter,
Google+,
or LinkedIn.
About Deloitte
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK
private company limited by guarantee ("DTTL"), its network of member
firms, and their related entities. DTTL and each of its member firms are
legally separate and independent entities. DTTL (also referred to as
"Deloitte Global") does not provide services to clients. In the United
States, Deloitte refers to one or more of the US member firms of DTTL,
their related entities that operate using the "Deloitte" name in the
United States and their respective affiliates. Certain services may not
be available to attest clients under the rules and regulations of public
accounting. Please see www.deloitte.com/about to
learn more about our global network of member firms.
View source version on businesswire.com: https://www.businesswire.com/news/home/20181115005680/en/
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