Deloitte's Texas Technology Fast 50 companies have shown the strength, vision and tenacity to succeed in today's very competitive technology environment
Austin, Texas (PRWEB) October 15, 2007
Zilliant (http://www.zilliant.com), the leading provider of price optimization (http://www.zilliant.com/price_optimization/zpps_price_optimization.html) and management software for B2B companies, has been named for the second consecutive year to Deloitte's prestigious Technology Fast 50 Program for Texas, a ranking of the 50 fastest growing technology, media, telecommunications, and life sciences companies in the area by Deloitte & Touche USA LLP, one of the nation's leading professional services organizations. Rankings are based on the percentage revenue growth over five years from 2002-2006. Zilliant ranks fifth in year's Texas Technology Fast 50 program, co-presented by Deloitte & Touche USA LLP, CresaPartners, Gardere Wynne Sewell LLP, HumCap, NASDAQ and America's 401(k).
Zilliant's CEO Greg Peters credits the increased awareness of both price optimization software and its exceptional bottom-line return for business-to-business (B2B) markets as a key driver behind the company's 5,000+ percent revenue growth from 2002-2006. "B2B negotiated sales make for a very complex pricing environment, often causing companies to leave significant margin dollars on the table" said Peters. "With the only proven price optimization solution for B2B, Zilliant has become the de facto standard for manufacturers, distributors and industrial service companies who are intent on harnessing the power of market-based pricing."
"Deloitte's Texas Technology Fast 50 companies have shown the strength, vision and tenacity to succeed in today's very competitive technology environment," said Skip Moore, Deloitte & Touche LLP, Managing Partner, Technology, Media & Telecommunications. "We applaud the successes of Zilliant and acknowledge it as one of the very few to accomplish such a fast growth rate over the past five years."
To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 2002 and $5,000,000 in 2006, be headquartered in North America, and be a company that owns proprietary technology or proprietary intellectual property 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 or intellectual property in a unique way does not qualify.
Zilliant is the leading provider of price optimization and price management applications for manufacturing, distribution, high-tech, and industrial service companies. Zilliant Precision Pricing Suite (ZPPS) uses existing transactional data to improve decisions across all facets of price analysis, setting and execution. ZPPS applications combine powerful price segmentation and optimization science with easy-to-use business applications to help companies achieve the best pricing possible on every deal, increasing profits by tens of millions of dollars. Headquartered in Austin, Texas, Zilliant is a privately held company. Investors include Austin Ventures, Cardinal Ventures, JP Morgan Partners, and Trellis Partners. For more information contact Zilliant at 877.893.1085 or visit http://www.zilliant.com.
Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms and their respective subsidiaries and affiliates. 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. Services are provided by the member firms or their subsidiaries or affiliates and not by the Deloitte Touche Tohmatsu Verein.
Deloitte & Touche USA LLP is the US member firm of Deloitte Touche Tohmatsu. In the US, services are provided by the subsidiaries of Deloitte & Touche USA LLP (Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte Financial Advisory Services LLP, Deloitte Tax LLP and their subsidiaries), and not by Deloitte & Touche USA LLP.