LLamasoft Ranked Number 139 Fastest Growing Company in North America on Deloitte’s 2014 Technology Fast 500™
Attributes 830% Percent Revenue Growth to Market Opportunity, Solution Maturity and a Service-Driven Culture
Ann Arbor, Mich. (November 13, 2014) — LLamasoft, Inc., the global leader in supply chain design technology, has been ranked 139 on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. LLamasoft grew 830% percent during this period.
LLamasoft’s President and CEO, Don Hicks, credits a culture of service, market opportunity and solution maturity for the company’s rapid and sustaining growth. “Customers recognized the need for supply chain design technology just as we entered the market with an innovation new platform and approach. LLamasoft recognized the interplay between technology, people and ecosystem and achieved a level of maturity that set us apart from the competition. But most importantly, as a business we always put the customer first. We are grateful for the opportunity to serve our customers, which is reflected in their loyalty.”
LLamasoft previously ranked 175 as a Technology Fast 500™ award winner for 2013 and as 216 in 2012. Overall, 2014 Technology Fast 500™ companies achieved revenue growth ranging from 135 percent to 123,678 percent from 2009 to 2013, with an average growth of 1,640 percent.
“The companies ranked on the 2014 Deloitte Technology Fast 500 continue to set the bar for their industry higher each year,” said Eric Openshaw, vice chairman, Deloitte LLP and U.S. technology, media and telecommunications leader. “There are so many exciting products and smart thought leaders driving this list. We congratulate the Fast 500 companies and look forward to seeing them continue their momentum into 2015.”
“For 20 years, the Deloitte Fast 500 rankings have honored the innovation that is part of these companies’ DNA,” added Jim Atwell, national managing partner of the emerging growth company practice, Deloitte & Touche LLP. “We’re glad to be serving these high-growth companies, and helping the technology sector recognize the great strides and transformation these companies are making in their respective areas.”
About Deloitte’s 2014 Technology Fast 500™
Technology Fast 500, conducted by Deloitte 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 2009 to 2013.
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.Media Contact
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