New York, NY, November 10, 2017 --(PR.com
)-- Oxagile today announced it ranked No. 393 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. Oxagile grew 203 percent during this period.
Oxagile’s chief marketing officer, Mihail Romanovsky, credits employee development and extensive R&D efforts with the company’s 203% revenue growth. He said, "In the last three years we’ve been concentrating on three fundamental company strategies: our program for professional excellence, generous investments into R&D, and a more domain-specific approach to projects.”
“You have to step out of the comfort zone to decide which technology trends to follow, what kind of service your clients will need two, five years from now, and what you must do to stay relevant. Oxagile now delivers a wider range of solutions for a greater number of business verticals than ever before, and the revenue growth we’ve had is the natural consequence of that.”
“The Deloitte 2017 North America Technology Fast 500 winners underscore the impact of technological innovation and world class customer service in driving growth, in a fiercely competitive environment,” said Sandra Shirai, vice chairman, Deloitte Consulting LLP and U.S. technology, media and telecommunications leader. “These companies are on the cutting edge and are transforming the way we do business. We extend our sincere congratulations to all the winners for achieving remarkable growth while delivering new services and experiences for their customers.”
About Deloitte’s 2017 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 2013 to 2016.
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.
Oxagile is an international provider of custom software development services
with a focus on OTT platform development
, adtech, big data, and BI solutions. Oxagile has been on the IT scene since 2005, and has successfully delivered more than 450 projects to companies in a wide range of industries, including Media and Entertainment, eCommerce, eLearning, Advertising, Finance, Healthcare, and others.
Throughout its history, Oxagile has worked with such high-profile clients as Google, Disney, Discovery Communications, MIT, Cox Enterprises, Vodafone, and more.