Boulder, CO (PRWEB) November 14, 2012
Today Confio Software was named to the prestigious Deloitte Technology Fast 500™ list, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Confio grew 71 percent during 2011 and 239 percent over five years, giving it a ranking of 317 on the list.
This is the second major national award Confio has won this year, the first being the Inc. 500|5000 list, which also recognized Confio for its outstanding, sustained growth rate. Confio has been able to achieve this steady year-over-year revenue gain entirely through organic growth rooted in international demand for its software, new product innovation and fostering collaborative relationships with its customers. This collaborative stance often leads to Confio assuming a trusted advisor role with its customers and further strengthens the relationships.
“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 Confio for this impressive accomplishment.”
Confio develops database performance solutions that improve service and reduce the cost of operating Oracle, SQL Server, DB2 and Sybase databases in physical or VMware environments. Confio's unique use of response-time analysis in its flagship product Ignite helps database administrators (DBAs), developers and DBA managers identify, analyze and resolve the most complex and costly performance problems which can significantly affect enterprise business performance.
“Evident in our performance is the fact that we continue to strive toward new product enhancement, new markets and even more meaningful relationships with our customers,” said Confio Founder and CEO Matt Larson. “We’ve been on the forefront of significant industry shifts, such as the movement to virtualization, because we have such synergy with our customers and their needs. I’m thrilled our team is being rewarded for this customer-centric philosophy and we look forward to continuing our growth trend.”
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 Confio Software
Confio Software develops database performance solution for DBAs, IT managers, and database developers, for both physical and virtual server environments. Confio’s flagship product, Ignite, helps eliminate bottlenecks, speed problem resolution, and reduce the cost of operations for SQL Server, Oracle, DB2 and Sybase databases and VMware servers. Since the company’s founding in 2002, Confio products are developed and supported from the Boulder, CO headquarters. For more information visit http://www.confio.com.