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Algoworks Technologies Ranked Number 278 on the Deloitte Technology Fast 500TM Asia Pacific 2014
Attributes its 170 Percent Revenue Growth to expanding service offerings in Mobility, Salesforce and Software Product Engineering
By: Algoworks Technologies
Noida, India, 11th December 2014 – Algoworks Technologies today announced that it ranked Number 278 on the Deloitte Technology Fast 500 TM Asia Pacific 2014, a ranking of the 500 fastest growing technology companies in Asia Pacific. Rankings are based on percentage revenue growth over three years. Algoworks grew 170 percent during this period.
Ajeet Singh, Director at Algoworks, credits outreaching customers globally in the domain of Mobility, Salesforce and Software Product Engineering with the company’s 170% revenue growth over the past three years. He said, "It is an honour to be ranked on this prestigious list of Deloitte. This recognition and revenue growth is a testament to our continuous efforts and headship position in delivering enterprise driven and customer centric innovative solutions to customers globally.”
“Being one of the 500 fastest growing technology companies in Asia Pacific is an impressive accomplishment. We commend Algoworks for making the Deloitte Technology 500TM Asia Pacific with a phenomenal 170 percent growth rate over three years”, said Ichiro Nakayama, Deloitte Japan partner in charge of the Deloitte Technology Fast 500TM Asia Pacific program.
Algoworks previously ranked 155 in 2013 Deloitte Technology Fast 500TM
In addition to ranking on the Deloitte Technology Fast 500TM, Algoworks ranked 35 in India Deloitte Technology Fast 50 this year, which is a ranking of the 50 fastest growing technology firms in India.
Deloitte Technology Fast 500TM Asia Pacific selection and qualifications
The Technology Fast 500TM list is compiled from the Deloitte Asia Pacific Technology Fast 50 programs, nominations submitted directly to the Technology Fast 500TM, and public company database research. To qualify for the Technology Fast 500TM, entrants must have had base-year operating revenues of at least US$50000. Entrants must also be public or private companies headquartered in Asia-Pacific and must be a “technology company”, defined as a company that develops or owns proprietary technology that contributes to a significant portion of the company’s operating revenues; or manufactures a technology-related product; or devotes a high percentage of effort to the research and development of technology. Using other companies’ technology in a unique way does not qualify.
Algoworks is a trusted global IT Services company offering services in the area of enterprise mobility solutions, enterprise content management solutions and customer relationship management solutions. Along with ECMS and CRM, Algoworks expanded into mobile solutions and services industry by launching mobile development services in 2009. The company now provides Android, iOS, HTML5, Hybrid Apps, and web development and consultation services. For more information about Algoworks, visit http://www.algoworks.com/
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© 2014. For information, contact Deloitte Touche Tohmatsu Limited.