Sustaining high revenue growth over five years is an exceptional accomplishment
AUSTIN, Texas (PRWEB) October 24, 2007
"Global trends such as the proliferation of Web 2.0 and SaaS applications are impacting application performance for large organizations whose business lifeline is the wide area network," said Joel Trammell, NetQoS CEO. "NetQoS alone delivers the management products these organizations need to optimize application delivery across the network, and that's why we're adding more new customers than any vendor in our space. In fact, our customer count has quadrupled to more than 730 since our first listing on the Deloitte 500 in 2004, and we are expanding our worldwide infrastructure to manage this level of growth for years to come."
"Sustaining high revenue growth over five years is an exceptional accomplishment," said Phil Asmundson, vice chairman, U.S. Technology, Media and Telecommunications, Deloitte & Touche USA LLP. "We are proud to honor NetQoS with a ranking on the Deloitte Technology Fast 500 list for the fourth consecutive year."
The Deloitte Fast 500 is the latest in a series of accolades NetQoS has garnered in 2007. For the third consecutive year, NetQoS is one of the world's largest software and service providers according to Software Magazine's Software 500 list. NetQoS is the fastest growing company in the infrastructure/network/performance management category for the second consecutive year, growing 43.9 percent in 2006. NetQoS is also one of the top 100 software companies in the U.S. based on the 2007 Inc. 5,000 list of fastest growing private companies, ranked by percentage revenue growth from 2003-2006. In addition, NetQoS ranked 18th on the Texas Technology Fast 50, which is a ranking of the 50 fastest growing technology firms in Texas as compiled by Deloitte.
Fast 500 Selection and Qualifying Criteria
The Fast 500 ranks the fastest growing technology, media, telecommunications and life sciences companies in North America. It is compiled from Deloitte's 16 regional North American Fast 50 programs, nominations submitted directly to the Fast 500, and public company database research. Companies are selected based on percentage revenue growth from 2002 to 2006.
Entrants must own proprietary intellectual property or proprietary technology that contributes to a significant portion of the company's operating revenues or devote a significant proportion of revenues to research and development of technology. Using other companies' technology or intellectual property in a unique way does not qualify. Base-year operating revenues must be at least $50,000 USD or $75,000 CD, and current-year operating revenues must be at least $5 million USD or CD. Companies must be in business a minimum of five years, and they must be headquartered within North America.
Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms, and their respective subsidiaries and affiliates. Deloitte Touche Tohmatsu is an organization of member firms around the world devoted to excellence in providing professional services and advice, focused on client service through a global strategy executed locally in nearly 140 countries. With access to the deep intellectual capital of approximately 150,000 people worldwide, Deloitte delivers services in four professional areas--audit, tax, consulting, and financial advisory services--and serves more than 80 percent of the world's largest companies, as well as large national enterprises, public institutions, locally important clients, and successful, fast-growing global companies. Services are not provided by the Deloitte Touche Tohmatsu Verein, and, for regulatory and other reasons, certain member firms do not provide services in all four professional areas.
As a Swiss Verein (association), neither Deloitte Touche Tohmatsu nor any of its member firms has any liability for each other's acts or omissions. Each of the member firms is a separate and independent legal entity operating under the names "Deloitte," "Deloitte & Touche," "Deloitte Touche Tohmatsu," or other related names.
About NetQoS Inc.
NetQoS software and services help service providers, government agencies, and large enterprises--including half of the Fortune 100--improve the delivery of applications over wide area networks by enabling them to monitor application service levels, troubleshoot problems quickly, and plan for change. Representative NetQoS customers include Chevron, Lockheed Martin, American Express, Hilton Hotels, Siemens, Boeing, Deutsche Telekom, NASA, and Barclays Global Investors. Headquartered in Austin, Texas, NetQoS has R&D centers in Austin and Raleigh, N.C., and regional sales offices in London and Singapore. For more information, visit http://www.netqos.com or call 877-835-9575.
NetQoS is a trademark of NetQoS Inc. All other trade names, trademarks, and registered trademarks are the property of their respective owners.