Cloud MDM Pioneer Makes Deloitte 2019 Technology Fast 500™ List for Two Consecutive Years
SAN FRANCISCO — November 8,2019 — Reltio today announced it ranked 326 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 now in its 25th year. Reltio grew revenue by 311% during this period.
Manish Sood, Reltio CEO, credits the company’s technology leadership and customer recognition of measurable business value for tripling revenue growth over the last three years. Reltio Cloud is the only MDM system offered as a cloud-native managed service. He stated, “Another Reltio appearance on the Deloitte Technology 500 underscores the advantages of Reltio Cloud over competing legacy on-premises products. Rapid deployment and time to value, eliminating costly and time-consuming upgrades, and almost unlimited scalability top a long list of reasons to select cloud MDM over expensive and constraining perpetual licenses.” Mr. Sood further added, “Enterprises that understand connected customer data is critical to providing the best customer experience, and the only way to beat the competition, partner with Reltio.”
“This year marks the 25th anniversary of Deloitte’s Technology Fast 500, so we are especially pleased to announce and congratulate the 2019 winners,” said Sandra Shirai, vice chairman, Deloitte LLP, and U.S. technology, media and telecommunications leader. “Once again, we saw innovation across the board, with software companies continuing their dominance of the top ten. It’s always inspiring to see how the Fast 500 companies are transforming business and the world we live and work in.”
“As technology innovation trends towards ‘everything as a service,’ it’s no surprise that software companies dominate the winners list yet again this year,” said Mohana Dissanayake, partner, Deloitte & Touche LLP, and industry leader for technology, media and telecommunications, within Deloitte’s audit and assurance practice. “What’s exciting about celebrating 25 years of the Tech Fast 500 is we now have a quarter century of innovation stories to draw and reflect upon. These are the companies that push boundaries, help organizations become more efficient and productive, and ultimately enable businesses to drive growth and revenue. We congratulate all the well-deserving winners.”
Overall, 2019 Technology Fast 500™ companies achieved revenue growth ranging from 166 percent to 37,458 percent from 2015 to 2018, with median growth of 439 percent.
About Deloitte’s 2019 Technology Fast 500™
Now in its 25th year, 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 2015 to 2018.
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 $US50,000, and current-year operating revenues of at least $US5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
Innovative Global 2000 companies that want to win in the experience economy trust Reltio to manage their mission-critical data. Reltio Cloud Customer 360 is at the heart of customer experience to drive hyper-personalization, accelerate real-time operations, and simplify compliance with customer consent and privacy laws. It’s an award-winning SaaS that enables business agility, real-time operations at enterprise scale, and insight-ready data for big ideas. Customers include Shiseido, L’Oreal, Petco, Kohler, Schneider Electric, AstraZeneca, HP Inc, PennyMac, Hyperion-X, Fairview Health, Cigna, BCBS of Massachusetts, BCBS of North Carolina, MGM Resorts, and many more customer experience innovators.
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as “Deloitte Global”) does not provide services to clients. In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the “Deloitte” name in the United States and their respective affiliates. Certain services may not be available to attest clients under the rules and regulations of public accounting. Please see www.deloitte.com/about to learn more about our global network of member firms.