New York, NY, November 17, 2016 --(PR.com
)-- Oxagile announced it ranked 337 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. Throughout the last three fiscal years, Oxagile has demonstrated a sustainable revenue growth of 217 percent.
Oxagile’s chief marketing officer, Mihail Romanovsky, credits Oxagile team’s diligent work and clients’ loyalty with the company’s success. “We sincerely believe that nomination to Deloitte’s 2016 Technology Fast 500™ is a great success. It is our company’s strategy to innovate in high-tech domains — including video streaming, real-time communication, AdTech, and more — that keeps us laser-focused on our goals of delivering cutting-edge solutions to customers around the world. This strategy, multiplied by our teams’ diligent work and our clients’ loyalty, results in steady revenue growth and makes such remarkable achievements possible,” he said.
“Today, when every organization can be a tech company, the most effective businesses not only foster the courage to explore change, but also encourage creativity in using and applying existing assets in new ways, as resourcefully as possible,” said Sandra Shirai, principal, Deloitte Consulting LLP and U.S. technology, media and telecommunications industry leader. “This ingenious approach to innovation calls for the encouragement of curiosity and collaboration both within and outside the office walls.”
“This year’s Fast 500 winners showcase that when organizations are open to diverse perspectives and insights, they are able to create an environment for their employees and customers to see the possibilities and ingenious solutions that might lie ahead,” added Jim Atwell, national managing partner of the emerging growth company practice, Deloitte & Touche LLP. “Entrepreneurial environments foster change and innovation within businesses, and we look forward to watching these companies continue to drive change across all sectors.”
About Deloitte’s 2016 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 2012 to 2015.
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.
As used in this document, “Deloitte” means Deloitte LLP and its subsidiaries. Please see www.deloitte.com/us/about
for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting.
Founded in 2005, Oxagile LLC
is a boutique custom software development company providing a full spectrum of development services for a wide variety of vertical industries and business domains. The company has accumulated extensive expertise in a range of areas, including Finance, Digital Advertising, eCommerce, Entertainment and Media, eLearning, Healthcare, Travel and Hospitality, and more.
Oxagile has proved its expertise in QA automation services and a range of video-related domains, including OTT (both live streaming and on-demand), IPTV, mobile video, VR and 360° video, real-time communication, and a raft of smart TV platforms.
Oxagile has been in the IT outsourcing business for more than 11 years now, and has successfully delivered over 400 software projects to high-profile clients including Google, Discovery Communications, Telecom Argentina, Vodafone, Massachusetts Institute of Technology, and many others.