New York, NY (PRWEB) November 15, 2012
Vigilant today announced it ranked No. 378 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. Vigilant grew 196 percent during this period.
Vigilant’s co-founder and chief operations officer, Mark Nicholson, attributes the company’s 196 percent revenue growth to Vigilant’s ability to help organizations take an innovative, risk-focused approach to addressing cyber-threats. He said, “Billions of digital communication sessions occur daily across our clients’ networks. The capability of cybercriminals to exploit this complexity has outstripped the detection capacity of yesterday’s security monitoring technologies. Detecting fraud or theft of sensitive information requires the ability to process and analyze vast amounts of data to rapidly zero in on abnormal behavior. Vigilant’s growth is based on our continuing commitment to help our clients chart new approaches to security and IT risk monitoring.”
“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 (TMT) 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 (AERS). “As a result, these companies have continued to successfully forge ahead in a challenging economic environment. We applaud the leadership and employees of Vigilant for this impressive accomplishment.”
Vigilant previously ranked 124th as a Technology Fast 500™ award winner for 2011.
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 Vigilant, Inc.
Vigilant provides dynamic, business-focused IT security monitoring solutions through a combination of consulting, managed services, and threat intelligence. By partnering with Vigilant, risk-sensitive organizations use advanced automation to better detect and act on threats to their business, manage compliance with security regulations and policies, and gain the insight needed to prioritize investments and resource assignments, enabling them to confidently extend their use of information technology to achieve their top-line objectives. Founded in 2003, Vigilant is headquartered in the New York metro area, serving a wide range of global and regional organizations through distributed presence in North America, Europe, and Asia. For more information please visit http://www.thevigilant.com.