GB & SMITH, Leading fast-growing technology company awarded Deloitte's In Extenso Technology Fast 50

Feb. 25, 2014 - PRLog -- The company associates its growth rate of 761% to the ability it has had to capitalize on its resources so that innovation and research will support its customers in France and worlwide.

Its will to impose its technology in every business sector along with its energy allowed it to develop high value-added products.

This prize rewards fast growing technology companies. Ranking is based on turnover growth rate for the last five fiscal years, namely 2008-2012.

GB & SMITH^TM 's growth rate reached up to 761% during this period

Sébastien Goiffon, GB & SMITH'S co-foundersaid: « We are very proud of such worlwide acknowledgement, especially because this is our first participation in the Fast 50, having been closing only 5 fiscal years.

It is a great achievement for our team, whose work during the last 5 years is rewarded with such a prize.

It confirms our strategy and willingness to become the world leaders of Administration Intelligence, a sector in which we are pioneers. Thus, we are working at replicating the success story we have known from SAP BusinessObjects to any piece of software (IBM, Oracle, Microsoft...). This should allow us to be awarded the Fast 50 again in the future.»

« Such a growth rate cannot be reached if the company is not strongly commited to making quality products and without right management. » says Vincent Gros, Technology Fast 50 Associateat Deloitte.

«GB & SMITH^TM succeeded in demonstrating the validity of their growth strategy. Being among the leading fast-growing technology compagnies is an impressive achievement. We would like to congratulate GB & SMITH^TM on its being part of the Deloitte Technology Fast 50 list of awardees and on its outstanding growth rate of 761% during the last five years » declared Arianne Bucaille, Deloitte associate in charge of Technology Fast 50.

To enter the French Technology Fast 50 you must meet all the eligibility criteria:

·          The parent company must be French-owned and have its headquarters in France.

·          The company must have been in business for a minimum of five years.

·          The company must be considered a technology company, which is defined as: developing or owning proprietary technology that contributes to a significant portion of the company's
operating revenues, producing technology, manufacturing technology-related products, be technology intensive, or use unique technology to solve problems, devoting a high percentage of effort to technology R&D.

·          Operating revenues must be at least 50,000 Euros in 2008.

About GB & SMITH (www.gbandsmith.com)

GB & SMITH is a Young Innovative Company.Historically, itspecialized in making software dedicated to managing and enhancing BusinessObject.

Based on its fast growth, it has just opened its first subsidiary abroad, in London.

GB & SMITH is focusing on offering new solutions to administrate any Business Intelligence environnent (IBM Cognos, Oracle BI), database or domains manager (Windows).

GB & SMITH operates and sells worlwide. Almost 400 customers use its products daily and put their trust in GB & SMITH to reduce the costs of SAP BusinessObjects.

GB & SMITH is a member of the following groups: AFDEL, PRN, techUK and Syntec Numérique.

About TechnologyFast 50 program

Technology Fast 50 was created in 1995 in San José, California, at the heart of the Silicon Valley. It was later extended to the whole USA, then to the United Kingdom, Canada, Netherlands, Israel and France. Nowadays, the program is implanted in more that 40 countries and regions across the world. It has been created to demonstrate the high value of technology companies in matters of economic growth.

Besides, Deloitte developed3 continental programs :

·          Europe, MIdole-Eastand Africa  : Fast 500 EMEA

·          North America : Fast 500 NorthAmerica

·          AsiaPacific: Fast 500 Asia Pacific.

For more information:www.fast50france.com

About Deloitte

Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its member firms.

Deloitte provides audit, tax, consulting, and financial advisory services to public and private clients spanning multiple industries. With a globally connected network of member firms in more than 150 countries, Deloitte brings world-class capabilities and high-quality service to clients, delivering the insights they need to address their most complex business challenges. Deloitte has in the region of 200,000 professionals, all committed to becoming the standard of excellence.

About In Extenso

In Extenso, a member of Deloitte, is a major acter in France's chartered accountancy.

For more information, www.inextenso.fr / www.reussir-au-quotidien.fr