Philadelphia, PA (PRWEB) October 24, 2011
Transcend United Technologies announced it ranked number 169 on Deloitte’s Technology Fast 500, ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Transcend United Technologies grew 566 percent during this period.
Transcend United’s Chief Executive Officer Rick Hirsh credits successfully identifying appropriate companies to acquire and integrate into Transcend United’s business model with the company’s 566 percent revenue growth.
“It’s a tremendous honor to rank on this prestigious list,” said Hirsh. “This is a reflection of the hard work our company has put in to helping our customers simplify their communications infrastructures to be more nimble in adjusting their businesses to ever-changing marketplace needs.”
Transcend United helps organizations optimize their IT and communications infrastructures in unified communications, data infrastructure, data center management, and backup/recovery/availability. With sales growth of 566 percent, Transcend continues to grow at an extremely fast pace. In late 2010, Transcend United joined forces with Spectrum Solutions and then in early 2011, Transcend United merged with LiquidSpoke to create one of the nation’s fastest-growing unified communications technology resellers.
“Transcend United Technologies, like all 2011 Technology Fast 500™ companies, has
excelled in fostering innovation and channeling it into spectacular growth -- against the backdrop of one of the most challenging economies in history,” said Eric Openshaw, vice chairman and U.S. technology, media and telecommunications leader, Deloitte LLP.
About Deloitte’s 2011 Technology Fast 500™
Technology Fast 500, which was conducted by Deloitte & Touche LLP, a subsidiary of 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 2006 to 2010. 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 have been in business for a minimum of five years and be headquartered within North America.
About Transcend United Technologies
Transcend United Technologies, LLC, combines cost-effective technology, experienced people, and world-class service to help organizations optimize their IT and communications infrastructures. Transcend United delivers products and expertise in key technologies, including unified communications, data infrastructure, data center management, and backup/recovery/availability. With these offerings, Transcend United helps organizations solve real business problems, such as improving application performance for branch offices; reducing voice, data, and video communications costs; ensuring business continuity in case of a disaster; and reducing staffing and operations costs in the data center. For more information, please visit http://www.transcendunited.com or see our blog at blog.transcendunited.com.