Adaptive Insights Named to Deloitte’s 2017 Technology Fast 500™ for Seventh Consecutive Year
PALO ALTO, Calif., Nov. 10, 2017 /PRNewswire/ — Adaptive Insights, a recognized leader in cloud corporate performance management (CPM), today announced it was listed 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, for the seventh consecutive year.
Adaptive Insights customers also had a strong showing on the list, with 93 customers represented, spanning multiple technology segments. Highlights of the list include:
- 25 Adaptive Insights customers posted growth of 1,000% or more
- 3 Adaptive Insights customers were acknowledged as the Top 10 Fastest-Growing Companies
- 66 of the companies in the largest industry segment (software) are Adaptive Insights customers, representing 23% of the software segment
Adaptive Insights Chief Executive Officer Tom Bogan credits its powerful cloud planning platform and more than 3,500 satisfied customers with the company’s revenue growth.
“High-growth, high-performing companies demonstrate a level of agility and adaptability that separates them from the pack,” said Bogan. “We’re proud to empower 93 companies on this year’s Technology Fast 500 list, offering these organizations the ability to better manage their business and growth with an active planning process. As a seven-time honoree, we recognize that the Technology Fast 500 are a select breed and congratulate all of this year’s winners.”
Adaptive Insights Customer Toast Achieves Top 10 Technology Fast 500 Placement
Adaptive Insights customer Toast, the all-in-one restaurant technology platform, is listed as the third fastest-growing company on the Deloitte 2017 Technology Fast 500.
“With new funding, global expansion, and our growing Toast API Partner Program, Toast relies on real-time data to inform our business and deliver the best customer service possible to our restaurant clients,” said Chris Comparato, CEO of Toast. “As a result, we depend on the Adaptive Insights cloud planning solution, which empowers our team to capture the vital data and insights needed to successfully model and manage our rapid growth.”
“The Deloitte 2017 North America Technology Fast 500 winners underscore the impact of technological innovation and world class customer service in driving growth, in a fiercely competitive environment,” said Sandra Shirai, vice chairman, Deloitte Consulting LLP and U.S. technology, media and telecommunications leader. “These companies are on the cutting edge and are transforming the way we do business. We extend our sincere congratulations to all the winners for achieving remarkable growth while delivering new services and experiences for their customers.”
“Emerging growth companies are powering innovation in the broader economy. The growth rates delivered by the companies on this year’s North America Technology Fast 500 ranking are a bright spot for the capital markets and a strong indicator that the emerging growth technology sector will continue to deliver a strong return on investment,” said Heather Gates, national managing director of Deloitte & Touche LLP’s emerging growth company practice. “Deloitte is dedicated to supporting the best and brightest companies of the future in the emerging growth company sector. We are proud to acknowledge the significant accomplishments of this year’s Fast 500 winners.”
Overall, 2017 Technology Fast 500™ companies achieved revenue growth ranging from 137% to 59,093% from 2013 to 2016, with median growth of 378%.
About Deloitte’s 2017 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 2013 to 2016.
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.
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.
For more information about Adaptive Insights and its 93 customers on the Deloitte 2017 Technology Fast 500 list, read the blog “What’s Behind Today’s Fastest-Growing Companies?.”
About Adaptive Insights
Adaptive Insights is a recognized leader in cloud corporate performance management (CPM). The company’s Adaptive Suite enables companies of all sizes to collaboratively plan and model, easily access real-time analytics, streamline complex financial reporting, and accelerate financial consolidation. With this best-practice active planning process, Adaptive Insights differentiates with easy, powerful, and fast software that empowers more than 3,500 customers in over 50 countries to drive business success.
Adaptive Insights is a privately held company with headquarters in Palo Alto, CA. To learn more, visit adaptiveinsights.com.
