Ignify – Microsoft Dynamics and eCommerce Leader Ranks on Deloitte FAST 500 - List of Fastest Growing Technology Companies for Fourth Year in a Row
ERP, CRM and ecommerce Global Provider Ranks 146th Fastest Growing company on Deloitte’s 2011 Technology Fast 500 - a List Recognizing the Most Innovative Technology Companies in North America.
Los Angeles, CA — October 19, 2011 — Deloitte announced today that Ignify ranked 146th on Deloitte’s 2011 Technology Fast 500™, a list that recognizes the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. The Technology Fast 500 is based on percentage of revenue growth from fiscal year 2006 to 2010. This marks the fourth consecutive year that Ignify has earned a position on this prestigious list and the fifth year overall for it to be on a fastest growing company list.
"We are pleased to honor Ignify as a 2011 Technology Fast 500 company," said Mark Jensen, managing partner, technology and venture capital services, Deloitte & Touche LLP. "As one of the fastest growing tech companies in North America, Ignify has demonstrated excellence in technological innovation, entrepreneurship and rapid growth."
This award is one of several significant honors that Ignify has been proud to accept this year. Ignify was earlier awarded the winner of Microsoft Partner of the Year in 2011 and is the leading Microsoft Dynamics partner for enterprise resource planning (ERP), customer relationship management (CRM), and ecommerce software solutions. The company also ranked in the Red Herring Global 100 in 2011, a list that represents the top businesses worldwide with innovative technology.
"Ignify, like all 2011 Technology Fast 500™ companies, have excelled in fostering innovation and channeling it into spectacular growth – against the backdrop of one of the most challenging economies in history," said Eric Openshaw, vice chairman and U.S. technology, media and telecommunications leader, Deloitte LLP. "Deloitte recognizes Ignify for its remarkable accomplishment."
Ignify was represented by Sandeep Walia CEO of Ignify at the 2011 Technology Fast 500 - Los Angeles Awards Dinner held at the Shutters on the Beach in Santa Monica.
"Ignify is thrilled to be recognized as one of the fastest growing technology companies by Deloitte," said Bhavesh Ashani, Vice President of Customer Satisfaction at Ignify. "Earning this recognition shows that our efforts to develop and provide cutting-edge solutions for our clients set us apart from the pack."
Founded in 1999, Ignify focuses on implementing ERP, CRM, Point of Sale (POS), Portals, and eCommerce solutions for mid-market and enterprise businesses and public sector organizations. The company’s management team brings rich experience in business software applications and management consulting. Ignify has helped over 200 customers in retail, distribution, sea ports, financial services and manufacturing with ERP, CRM and eCommerce solutions.
Overall, 2011 Technology Fast 500™ companies achieved revenue growth ranging from 134 percent to 70,211 percent from 2006 to 2010, with an average growth of 1,736 percent.
About Deloitte’s 2011 Technology Fast 500
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 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.
For additional detail on the Technology Fast 500™ including selection and qualifying criteria, visit www.fast500.com
As used in this document, "Deloitte"; means Deloitte LLP. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.