Bangalore, India, January 17, 2013 --(PR.com
)-- ABIBA Systems announced that it ranked Number 57 on the Deloitte Technology Fast 500™Asia Pacific 2012, a ranking of the 500 fastest growing technology companies in Asia Pacific. Rankings are based on percentage revenue growth over three years.
ABIBA’s CEO, Sathya Karthik R., credits customer centric approach and domain specific product portfolio with the company’s growth over the past three years. He said, "There is huge demand for telecom analytics solutions which helps in driving informed decision making. ABIBA is one of the few players globally to specialize in this field and we have found good traction in the market. Telecom operators across the world have started recognizing our unique value poroposition and this has helped us to win more deals. We hope to continue this momentum and figure in next edition of this prestigious award."
“Because Deloitte Technology Fast 500™ Asia Pacific measures sustained revenue growth over three years, being one of the 500™ fastest growing technology companies in Asia Pacific is an impressive achievement,” said Ichiro Nakayama, DTTL Leader of Deloitte’s Technology Fast 500™ Asia Pacific program. “ABIBA Systems deserves a lot of credit for its remarkable growth.”
In addition to ranking on the Deloitte Technology Fast 500™, ABIBA Systems ranked 6 on the India Deloitte Technology Fast 50, which is a ranking of the 50 fastest growing technology firms in India.
Deloitte Technology Fast 500™Asia Pacific selection and qualifications
The Technology Fast 500™ list is compiled from the Deloitte Asia Pacific Technology Fast 50 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 base-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 develops or owns proprietary technology that contributes to a significant portion of the company's operating revenues; or manufactures a technology-related product; or devotes a high percentage of effort to the research and development of technology. Using other companies' technology in a unique way does not qualify.
About ABIBA Systems
ABIBA Systems is an award winning, specialist telecommunications analytics software solutions provider based in India. It is reinventing business intelligence and analytics through its domain centric approach and business user driven solutions. Solutions from ABIBA Systems emphasize high user adoption, low TCO and quick deployment. ABIBA’s offerings include Information Management, Business Intelligence, Customer Analytics, Campaign Management, Big Data and Mobile Social Network Analysis.
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Deloitte provides audit, tax, consulting, and financial advisory services to public and private clients spanning multiple industries. With a globally connected network of member firms in more than 150 countries, Deloitte brings world-class capabilities and deep local expertise to help clients succeed wherever they operate.