Everyone at NEOGOV is excited about being recognized for three years in a row as a Fast 500 award winner.
Los Angeles, California (PRWEB) November 14, 2012
NEOGOV today announced it ranked 412 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. NEOGOV grew 177 percent during this period.
NEOGOV’s chief executive officer, Damir Davidovic, credits increasing adoption of cloud software by public sector and educational institutions with the company’s 177% revenue growth. “Everyone at NEOGOV is excited about being recognized for three years in a row as a Fast 500 award winner. We’re driven by our mission to deliver leading cloud software for over 1,000 clients across the United States."
“We are proud to honor the 2012 Technology Fast 500™ companies, and commend them for their outstanding growth,” said Eric Openshaw, vice chairman, Deloitte LLP and U.S. technology, media and telecommunications leader. "These ground-breaking companies have outpaced their competition and are reinventing the way we do business today.”
“The companies on the Fast 500 list are among those that have demonstrated remarkable innovation, creativity and business savvy,” said Bill Ribaudo partner, Deloitte & Touche LLP and national TMT leader for audit and enterprise risk services. “As a result, these companies have continued to successfully forge ahead in a challenging economic environment. We applaud the leadership and employees of NEOGOV for this impressive accomplishment.”
NEOGOV previously ranked as a Technology Fast 500™ award winner for 2010 and 2011.
About Deloitte’s 2012 Technology Fast 500™
Technology Fast 500, conducted by Deloitte & Touche 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 2007 to 2011.
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.
NEOGOV is the market and technology leader in cloud software HR management for the public sector and higher education. NEOGOV's suite of applications allows organizations to automate their hiring, recruiting, performance and onboarding processes.
NEOGOV customers are counted among the most prominent and progressive public sector agencies, including 19 state governments and 35 of the top 100 cities and counties. More than 1000 agencies, states, cities and counties, colleges and universities, k-12 school districts, public safety, and transportation authorities, across the United States use NEOGOV.