Kobiton Ranked Number 18 Fastest-Growing Company in North America on the 2022 Deloitte Technology Fast 500™
ATLANTA, Nov. 16, 2022 (GLOBE NEWSWIRE) -- Kobiton today announced it ranked 18th on the Deloitte Technology Fast 500™, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America, now in its 28th year. Kobiton grew 7,947% during this period.
Kobiton’s chief executive officer, Sean Barry, credits the world class technology platform that Kobiton has delivered to some of the largest global companies to help them deliver excellence and speed in Mobile Development as the core of growth.
“The mobile device is the gateway to the consumers, and our customers understand that their app working flawlessly on all devices and operating systems is the only way to win,” said Barry.
Delivering excellence within compressed budgets and time frames to develop for mobile means turning to Kobiton to empower mobile development using AI and Machine Learning on real mobile devices at light speed. “We are still in the early stages of delivering our product at scale globally, and we look forward to the road ahead as we build off our momentum,” continued Barry.
“As the past year has shown us, innovation in important areas such as life sciences is critical to addressing infectious disease and other global health issues,” said Paul Silverglate, vice chair, Deloitte LLP and U.S. technology sector leader. “In addition, technology must keep pace with ever-changing consumer and corporate demands for faster, safer, and more efficient solutions to new societal challenges. Each year I am in awe of the immense talent te Technology Fast 500 rankings reveal, confirming the winners’ relentless pursuit of creativity and their ability to solve real-world problems that benefit us all.”
“This year’s Technology Fast 500 list is a true reflection of some of today’s most determined and inspiring pioneers who have prospered by anticipating what’s next, understanding what’s needed to succeed, and driving creativity forward,” said Christie Simons, partner, Deloitte & Touche LLP and industry leader for technology, media and telecommunications within Deloitte’s audit and assurance practice.
“Representing all facets of technology, the winners have shown they not only have the vision but can also expertly manage their companies through rapid growth. We congratulate each winner on their impressive achievements.”
Overall, 2022 Technology Fast 500™ companies achieved revenue growth ranging from 241% to 125,138% from 2018 to 2021, with median growth of 611%.
About the 2022 Deloitte Technology Fast 500™
Now in its 28th year, the Deloitte Technology Fast 500 provides a ranking of the fastest-growing technology, media, telecommunications, life sciences, fintech, 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 2018 to 2021.
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 US$50,000, and current-year operating revenues of at least US$5 million. Additionally, companies must be in business for a minimum of four years and headquartered in North America.