Austin, Texas (PRWEB) November 21, 2015
Itransition, a leading provider of full-cycle software development services, today announced it ranked 352 on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2011 to 2014. Itransition grew 183 percent during this period.
Since 1998 when Itransition launched its software development business, the company has acquired a strong position in the North American and European markets. Itransition continues to strengthen these positions and gain a bigger market share with every new service offering backed by domain expertise and technology know-hows.
“Amid a fierce business climate, there seems to be no shortage of new and established companies that are unlocking a seemingly unlimited potential for growth and advancement through technology’s continued disruption and proliferation across industries,” said Sandra Shirai, principal, Deloitte Consulting LLP and U.S. technology, media and telecommunications leader. “It is inspiring to witness the innovative ways that companies are incorporating emerging technologies for business gains, be it cognitive computing, or the Internet of Things. We congratulate all those ranked on this year’s Fast 500 and look forward to seeing their continued growth into 2016.”
“Through the efforts and utilization of new and emerging technologies from these companies, we are witnessing greater business demands from across almost all industries,” added Jim Atwell, national managing partner of the emerging company practice, Deloitte & Touche LLP. “We look forward to the opportunity to serve these companies as they strive to grow to the next level – be it towards introducing new solutions or entering new markets – and with it make important and long lasting impressions on the technology market as a whole.”
About Deloitte’s 2015 Technology Fast 500™
Deloitte’s Technology Fast 500 provides a ranking of the fastest growing technology, media, telecommunications, life sciences and energy tech companies – both public and private – in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2011 to 2014.
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 four years and be headquartered within North America.
Founded in 1998, Itransition is a rapidly-growing global provider of application and software product development services headquartered in the USA. The company delivers high quality services to customers from start-ups and SMEs to large corporations from Western Europe and North America through its 1,300 strong development center in Eastern Europe, offering a well-balanced blend of technology skills, domain knowledge, effective methodology, and passion for IT. Itransition is continuously recognized as a leader in outsourced software development by independent research agencies. For instance, subsequent to the results of 2014, the company scored best in the Customer Reference and Company Certification categories and headed the list of the Rising Stars of the 2015 Global Outsourcing List, as well as was included in Inc 500 among the fastest growing and most successful private companies of the USA. To learn more, visit http://www.itransition.com