SOTI Named One of North America’s Fastest Growing Companies in Deloitte’s 2017 Technology Fast 500™
High-Tech Scale-Up Makes List for Second Year in a Row with over 210 Percent Revenue Growth from 2013 to 2016
Mississauga, November 9, 2017 — SOTI today announced it has again been named 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. SOTI grew over 210 percent during the 2013 to 2016 period.
SOTI’s CEO & President, Carl Rodrigues, credits the company’s unwavering focus on mobile innovation, investment in world-class talent and profit-focused financial discipline as key factors that contributed to the company’s over 210 percent revenue growth. He said, "As a privately-held, profitable company with no external investment, our SOTI ONE platform continues to transform industries that rely on mobile-first solutions to support their business-critical operations. Mobility has evolved from a ‘nice to have’ to fundamental to the success of the systems and processes that run today’s digital businesses. Our SOTI ONE platform is a powerful step along the important journey of enabling our customers to take full advantage of the next wave of mobility.”
“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.”
“Emerging growth companies are powering innovation in the broader economy. The growth rates delivered by the companies on this year’s North America Technology Fast 500 ranking are a bright spot for the capital markets and a strong indicator that the emerging growth technology sector will continue to deliver a strong return on investment,” said Heather Gates, national managing director of Deloitte & Touche LLP’s emerging growth company practice. “Deloitte is dedicated to supporting the best and brightest companies of the future in the emerging growth company sector. We are proud to acknowledge the significant accomplishments of this year’s Fast 500 winners.”
SOTI was previously a Technology Fast 500™ award winner for 2016.
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.
SOTI is the world's most trusted provider of mobile and IoT device management solutions, with more than 17,000 enterprise customers and millions of devices managed worldwide. SOTI's innovative portfolio of solutions and services provide the tools organizations need to truly mobilize their operations and optimize their mobility investments. SOTI extends secure mobility management to provide a total, flexible solution for comprehensive management and security of all mobile devices and connected peripherals deployed in an organization. For more information, visit www.soti.net.
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