Zenoss Ranked Number 55 Fastest Growing Company in North America on Deloitte's 2012 Technology Fast 500(TM)
AUSTIN, TX, Nov 14, 2012 (MARKETWIRE via COMTEX) --
Zenoss today announced it ranked No. 55 on Deloitte's Technology
Fast 500(TM), a ranking of the 500 fastest growing technology, media,
telecommunications, life sciences and clean technology companies in
North America. Zenoss grew 2,648 percent during this period.
Zenoss' chief executive officer, Bill Karpovich, credits the demand
for more effective ways to monitor and manage the IT infrastructure
of the modern data center as the key to the company's 2,648 percent
revenue growth. He said, "As virtualization and cloud computing make
hybrid datacenters the norm, legacy IT tools are being rendered
obsolete. We are seeing now more than ever the need for a solution
that addresses the complexity and downtime challenges of the modern
datacenter. We are proud to provide companies with the answer to this
challenge. It is an honor to again be named as one of the 2012
Technology Fast 500(TM) companies."
"We are proud to honor Zenoss as one of the 2012 Technology Fast
500(TM) companies, and commend them for their outstanding growth,"
said Eric Openshaw, vice chairman, Deloitte LLP and U.S. technology,
media and telecommunications (TMT) leader. "These ground-breaking
companies have outpaced their competition and are reinventing the way
we do business today."
"The companies on the Fast 500 list are among those that have
demonstrated remarkable innovation, creativity and business savvy,"
said Bill Ribaudo partner, Deloitte & Touche LLP and national TMT
leader for audit and enterprise risk services (AERS). "As a result,
these companies have continued to successfully forge ahead in a
challenging economic environment. We applaud the leadership and
employees of Zenoss for this impressive accomplishment."
Overall, 2012 Technology Fast 500(TM) companies achieved revenue
growth ranging from 128 percent to 279,684 percent from 2007 to 2011,
with an average growth of 2,774 percent.
About Deloitte's 2012 Technology Fast 500(TM)
Technology Fast 500,
conducted by Deloitte & Touche 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 2007 to 2011.
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.
About Zenoss, Inc.
Zenoss is a leading provider of management
software for physical, virtual, and cloud-based IT infrastructures.
Over 35,000 organizations worldwide have deployed Zenoss to manage
their networks, servers, virtual devices, storage, and cloud
infrastructure, gaining complete visibility and predictability into
their IT operations. Customers include Rackspace, VMware,
Hosting.com, LinkedIn, Motorola and SunGard.
SOURCE: Zenoss Inc.
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