For the First Time, Asset Panda Appears on Deloitte’s 2019 Technology Fast 500 List, Ranking Number 33 With Three-Year Revenue Growth of 3,779 Percent
DALLAS (November 7, 2019) – Today Deloitte revealed that Asset Panda is No. 33 on its annual Technology Fast 500 list, which recognizes the fastest-growing technology, media, telecommunications, life sciences and energy technology companies in North America. This is the first time Asset Panda has been included on the list.
“It’s an honor to be listed in Deloitte’s Technology Fast 500,” said Rex Kurzius, CEO of Asset Panda. “Asset Panda has witnessed immense growth over the past couple of years, and I have to credit my entire team with that success. We help businesses in almost every industry track a multitude of items, and it’s rankings like this that help bring awareness to asset tracking as we continue to reach customers around the world.”
Technology Fast 500 awardees are selected based on percentage fiscal year revenue growth from 2015 to 2018. Over the past quarter century, the Fast 500 program has honored nearly 6,000 companies across North America.
Overall, the 2019 Technology Fast 500 companies achieved revenue growth ranging from 166% to 37,458% over the three-year time frame, with a median growth rate of 439%. Results also show a shift to more private companies making the list (76%) versus public companies (24%) — a 7% change from last year’s rankings.
“This year marks the 25th anniversary of Deloitte’s Technology Fast 500, so we are especially pleased to announce and congratulate the 2019 winners,” said Sandra Shirai, vice chairman, Deloitte LLP, and U.S. technology, media and telecommunications leader. “Once again, we saw innovation across the board, with software companies continuing their dominance of the top 10. It’s always inspiring to see how the Fast 500 companies are transforming business and the world we live and work in.”
Complete results of Deloitte’s Technology Fast 500 can be found at www.Fast500.com.
About Asset Panda
Founded in 2012, Asset Panda is a powerful and flexible cloud-based asset management platform designed to help the world work smarter. The platform is designed with flexibility in mind, which allows Asset Panda to be configured to work the way the user does, for any kind of company. The company is committed to providing its customers with outstanding customer service and a constantly improving product.
Inc. Magazine named Asset Panda the fourth fastest-growing company in Texas and the 104th fastest-growing company in America in 2018. Asset Panda’s solution was also recognized as one of the best facilities and maintenance management systems available, earning it a spot among the leaders of Software Advice’s 2019 FrontRunners list.
For more information on Asset Panda, visit www.AssetPanda.com.
More about Deloitte and the 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 2015 to 2018.
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, contact:
Jonathan Larkin, Asset Panda
(469) 777-4539| Jonathan@AssetPanda.com