Nextiva Named a Fastest-Growing Technology Company in North America by Deloitte’s 2018 Technology Fast 500™
Company Attributes 182 Percent Revenue Growth to Product Innovation and Dedication to the Customer Experience
Scottsdale, Arizona - November 15, 2018
Nextiva (www.nextiva.com), an industry leading cloud-based communications provider, announced today that it ranked 426 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.
Nextiva’s chief executive officer, Tomas Gorny, says the company’s product innovation, dedication to Amazing Service, and entrepreneurial spirit continue to drive Nextiva’s substantial growth. This is the fourth year that Nextiva has been recognized on the Deloitte Technology Fast 500™ list.
“We are honored to be recognized by Deloitte as one of the fastest growing technology companies in North America for the fourth year,” Gorny said. “Our repeated appearance on the list is a tremendous accomplishment. Nextiva is on a mission to provide businesses with best-in-class communications tools, and we will continue to accelerate our growth.
Criteria for inclusion is based on a company’s percentage of revenue growth from fiscal year 2014 to 2017. In 2018, Nextiva was ranked at 426 with a growth rate of 182 percent during that period.
Growing from 12 employees in 2008 to over 1,000 employees in 2018, Nextiva is on an exciting trajectory as a thriving technology company that supports more than 100,000 customers nationwide.
Nextiva’s appearance on the list is markedly different from the majority of companies included since it is privately held and doesn’t receive venture funding. Nextiva previously ranked 423rd as a Technology Fast 500™ award winner for 2016, 287th in 2015, and 80th in 2014. Learn more about Nextiva’s place on the Deloitte 2018 Technology Fast 500 list here.
“Congratulations to the Deloitte 2018 Technology Fast 500 winners on this impressive achievement,” said Sandra Shirai, vice chairman, Deloitte LLP, and U.S. technology, media and telecommunications leader. “These companies are innovators who have converted their disruptive ideas into products, services, and experiences that can captivate new customers and drive remarkable growth.”
“Software, which accounts for nearly two of every three companies on the list, continues to produce some of the most exciting technologies of the 21st century, including innovations in artificial intelligence, predictive analytics, and robotics,” said Mohana Dissanayake, partner, Deloitte & Touche LLP, and Industry Leader for technology, media and telecommunications, within Deloitte’s audit and assurance practice. “This year’s ranking demonstrates what is likely a national phenomenon, where many companies from all parts of America are transforming the way we do business by combining breakthrough research and development, entrepreneurship, and rapid growth.”
ABOUT DELOITTE’S 2018 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 2014 to 2017.
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, and current-year operating revenues of at least $5 million USD. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
Nextiva is a business communications company dedicated to empowering organizations to manage their communications, productivity, and customer relationships on a truly unified platform. Learn more at www.nextiva.com.
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