Telogis’ 704 Percent Growth Fuels Ranking on Deloitte’s Technology Fast 500 for Fifth Consecutive Year
ALISO VIEJO, Calif., Nov. 28, 2012 – Fueled by market demand and strong year-over-year growth again in 2011, Telogis, Inc. was listed among Deloitte’s Technology Fast 500™ for the fifth year in a row, and topped the list in the location intelligence industry. Technology Fast 500 award winners for 2012 were selected based on percentage fiscal year revenue growth from 2007 to 2011. Telogis provides a comprehensive cloud-based location intelligence platform for companies that require dynamic routing, real-time work order management, navigation, telematics and mobile integration services for their mobile workforces.
“We are proud to honor the 2012 Technology Fast 500™ 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.”
“Despite the tough economic climate over the last 5 years, Telogis earned this ranking based on its ability to sustain consistent growth,” said David Cozzens, CEO, Telogis. “This achievement is recognition of our commitment to innovation and providing customers with a best-in-class software-as-a-service (SaaS) platform that helps them improve safety, efficiency and positively affects their bottom lines.”
The company's growth has been driven by its ability to successfully expand its reach into large enterprise customers, leverage OEM channels, define key industry partnerships and make strategic acquisitions. Telogis is focused on meeting the global demand for technologies that can handle the full scope of mobile workforce management with integrated, comprehensive, scalable location intelligence technologies and capabilities.
“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 Telogis for this impressive accomplishment.”
Telogis, Inc., the platform for location intelligence, is dedicated to enhancing the value of its customers' businesses through intelligent integration of location technology, information and services. Telogis was established in 2001 and is headquartered in Aliso Viejo, Calif., with offices in Europe and Latin America as well as development centers in Austin, Texas; Toronto; and Christchurch, New Zealand. Telogis' products and services are used and distributed in more than 100 countries worldwide. To learn more about Telogis, visit www.telogis.com or call toll free at 866-TELOGIS (866-835-6447).
About Deloitte's 2012 Technology Fast 500™
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.