We're honored to be on Deloitte's list of fastest growing technology companies for our second consecutive year.
Herndon, VA (PRWEB) November 14, 2012
CFN Services, a provider of global high performance network and application delivery solutions, today announced it ranked number 56 on Deloitte’s Technology Fast 500™ list -- honoring the 500 fastest-growing technology companies in North America. Winners were selected based on the percentage of fiscal year revenue growth from 2007 to 2011, a period in which CFN Services grew 2,600 percent. Industry-leading network solutions and its customer-focused team have been the driving force behind CFN’s continued growth.
"We're honored to be on Deloitte's list of fastest growing technology companies for our second consecutive year,” said Mark Casey, President and CEO, CFN Services. “I credit our innovation and entrepreneurial employees with the company’s revenue growth.”
As an industry leader in creating and delivering high-performance network solutions, CFN launched the Alpha Platform™, the company’s global, private cloud for ultra-low-latency market data delivery and trade execution. This year, it expanded its efforts launching enhancements to the Alpha Platform for the financial and enterprise markets including: Alpha Platform On-Demand™, the first, globally-distributed, high-performance public cloud enabling companies to self-provision an enterprise-grade, virtual private cloud for business-critical applications and services; and AppHUB™, the first secure, high-performance cloud gateway enabling high performance, direct access to Amazon Web Services and leading cloud applications globally.
“We have been leading the market by solving customers’ challenges with innovation. This award validates this effort along with our commitment to our customers and the success of our growing company,” continued Casey.
“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 (AERS). “As a result, these companies have continued to successfully forge ahead in a challenging economic environment. We applaud the leadership and employees of CFN Services for this impressive accomplishment.”
“This year, we are also proud to also be listed as one of the top five fastest growing companies in the Washington DC metro area and the eighth fastest growing in the communications and networking category,” said Casey.
Last year, CFN Services ranked number 29 on Deloitte’s Technology Fast 500™ list, third fastest-growing company in the Washington DC metro area and fifth fastest-growing company in the communications and networking category.
Overall, 2012 Technology Fast 500™ companies achieved revenue growth ranging from 128 percent to 279,684 percent from 2007 to 2011, with an average growth of 2,774 percent.
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.
About CFN Services
CFN Services provides high-performance network and application delivery solutions for real-time, mission-critical applications. Leveraging FiberSource®, CFN’s global network optimization platform, the company deploys and manages low-latency networks and private cloud solutions to cost-effectively improve application performance in distributed IT environments. CFN’s global cloud platform connects more than 70 leading data centers across North and South America, Europe and Asia. For more information, please visit: http://www.cfnservices.com.