Sydney, Australia, December 25, 2009 --(PR.com
)-- Talentica Software today announced that it ranked as one of the Deloitte Technology Fast 500 Asia Pacific 2009, a ranking of the 500 fastest growing technology companies in Asia Pacific. Rankings are based on percentage revenue growth over three years.
Talentica grew 114.3 percent during this period.
Talentica’s CEO, Nitin Shimpi, credits the employees with the company’s 114.3% revenue growth over the past five years. He said, “We feel honoured to have received this award. I owe this award to my employees. Their hard work and commitment towards excellence has driven us this far and will take us further ahead.”
“Attracting enough customers to attain such fast growth over three years makes a strong statement about the quality of a company’s product and its leadership,” said Ian Thatcher, partner in charge of Deloitte’s Technology Fast 500 Asia Pacific program. “Talentica Software has shown the right stuff for growth.”
Technology Fast 500 Asia Pacific selection and qualifications
The Technology Fast 500 list is compiled from Deloitte’s Technology Fast 50 Asia Pacific programs, nominations submitted directly to the Technology Fast 500, and public company database research. To qualify for the Technology Fast 500, entrants must have had first year operating revenues of at least US$50,000.
Entrants must also be public or private companies headquartered in Asia Pacific and must be a “technology company,” defined as a company that owns proprietary technology that contributes to a significant portion of the company's operating revenues; Manufactures a technology related product, or devotes a significant proportion of revenues to the research and development of technology.