WSO2 attributes 459% revenue growth to the agility it provides enterprises with the only cloud and middleware platform in which all products are built on the same code base.
Mountain View, CA – November 18, 2014 – WSO2 today announced it ranked 211 on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. WSO2 grew 459% during this period.
Dr. Sanjiva Weerawarana, WSO2 founder and CEO, credits the agility WSO2 provides enterprises, through the only middleware platform in which all products are built on a common core, with the company’s 459% revenue growth.
Dr. Weerawarana said, “We developed our pre-integrated, 100% open source cloud and enterprise middleware to address an increasingly connected world where we work on mobile devices, collaborate via cloud apps, and make decisions based on collecting and analyzing data from the Internet of Things. Our ranking on Deloitte’s 2014 Technology Fast 500 recognizes the success of our strategy to empower enterprises with a cohesive platform that enables the new business ecosystems and models of agility, efficiency and monetization of a thriving connected organization.”
“The companies ranked on the 2014 Deloitte Technology Fast 500 continue to set the bar for their industry higher each year,” said Eric Openshaw, vice chairman, Deloitte LLP and U.S. technology, media and telecommunications leader. “There are so many exciting products and smart thought leaders driving this list. We congratulate the Fast 500 companies and look forward to seeing them continue their momentum into 2015.”
“For 20 years, the Deloitte Fast 500 rankings have honored the innovation that is part of these companies’ DNA,” added Jim Atwell, national managing partner of the emerging growth company practice, Deloitte & Touche LLP. “We’re glad to be serving these high-growth companies, and helping the technology sector recognize the great strides and transformation these companies are making in their respective areas.”
About Deloitte’s 2014 Technology Fast 500™
Technology Fast 500, conducted by Deloitte 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 2009 to 2013.
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.
WSO2 delivers on the promise of the connected business with the only completely integrated enterprise platform that enables businesses to build, integrate and manage their APIs, applications, and Web services on-premises, in the cloud, and on mobile devices. Leading enterprise customers worldwide rely on WSO2’s award-winning 100% open source platform and its robust governance and DevOps functionality for their mission-critical applications. Today, these businesses represent nearly every sector: health, financial, retail, logistics, manufacturing, travel, technology, telecom and more. Visit http://wso2.com or check out the WSO2 community on the WSO2 Blog, Twitter,LinkedIn, Facebook, and FriendFeed.