Shunra Ranked A Fastest Growing Technology Company on the 2006 Deloitte Technology Fast 500 EMEA
Shunra attributes its revenue growth to over 1,700 enterprises worldwide standardizing on its industry-leading network simulation solutions.
New York, NY (PRWEB) November 30, 2006 -- Shunra, a leading provider of business production readiness solutions, today announced that it is ranked on the 2006 Deloitte Technology Fast 500 EMEA, a ranking of the 500 fastest growing technology companies in Europe, Middle East and Africa. Shunra is ranked 475, with rankings based on percentage revenue growth over five years, from 2001-2005. Shunra grew 180 percent during this period.
Shunra's CEO, Thomas Charlton, credits the company's revenue growth over the past five years to the fact that over 1,700 enterprises worldwide have now standardized on Shunra's network simulation solutions to accurately predict exactly how their business applications and network services will perform for remote end-users. Charlton said, "Shunra has shown consistent growth since its inception, which is thanks to the strong leadership of its former CEOs, Benny Daon and Boaz Grinvald, and founder Moshe Haddif, as well as its superior solutions. We are proud to have achieved rankings on the Deloitte Technology Fast 500 EMEA for the past six years in a row."
Charlton continued, "Unlike our competitors, we provide our customers with highly robust, comprehensive solutions that give them the information they need to quickly and easily make accurate, actionable decisions about application and network performance, throughout the development lifecycle. It is the increasingly deep market penetration of these award-winning solutions that has driven our growth over the past few years, and it is the reason why we have, yet again, been recognized by Deloitte."
"Achieving sustained revenue growth of 180% over five years is a tremendous achievement," said Eric Morgain, partner in charge of Deloitte's Technology Fast 500 EMEA program. "Shunra's phenomenal growth puts it in select company."
Fast 500 Selection and Qualifications
The Technology Fast 500 list is compiled from Deloitte's EMEA Fast 50 programs, nominations submitted directly to the Fast 500, and public company database research. To qualify for the Fast 500, entrants must have had 2001 operating revenues of at least €50,000 and 2005 operating revenues of at least €800,000.
Entrants must also be public or private companies headquartered in EMEA and must be a "technology company," defined as a company that owns proprietary technology that contributes to a significant portion of the company's operating revenues; or devotes a significant proportion of revenues to the research and development of technology. Using other companies' technology in a unique way does not qualify.
About Shunra Software
Shunra is the pioneer and market leader in testing the performance and behavior of services across today's complex networks. The Shunra VE solution lets users know exactly how their voice, video and business applications will perform in any network environment - before they are rolled out into production. Over 1,700 leading companies use Shunra's award-winning solutions including 3M, Boeing, Cisco, Dow Chemical, EMC, FedEx, General Motors, JPMorgan Chase, Kelly Services, Merrill Lynch, Motorola, Nestle, Pitney Bowes, and Vodafone. Shunra's headquarters are located in New York City, and the company has a major R&D center in Israel, and offices in the UK, Sweden, India and Australia. Shunra is also supported through a global network of channel partners. For more information, please visit www.shunra.com.
About Deloitte
Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms, and their respective subsidiaries and affiliates. Deloitte Touche Tohmatsu is an organization of member firms around the world devoted to excellence in providing professional services and advice, focused on client service through a global strategy executed locally in nearly 140 countries. With access to the deep intellectual capital of approximately 135,000 people worldwide, Deloitte delivers services in four professional areas -- audit, tax, consulting and financial advisory services -- and serves more than 80 percent of the world's largest companies, as well as large national enterprises, public institutions, locally important clients, and successful, fast-growing global growth companies. Services are not provided by the Deloitte Touche Tohmatsu Verein, and, for regulatory and other reasons, certain member firms do not provide services in all four professional areas.
As a Swiss Verein (association), neither Deloitte Touche Tohmatsu nor any of its member firms has any liability for each other's acts or omissions. Each of the member firms is a separate and independent legal entity operating under the names "Deloitte", "Deloitte & Touche," "Deloitte Touche Tohmatsu," or other related names.
Shunra is a trademark of Shunra Software Ltd. All other trademarks and registered trademarks used herein are the property of their respective owners.
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