Reston, VA, November 14, 2014 — Clarabridge today announced it ranked 368 on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Clarabridge grew 218 percent during this period.
Clarabridge’s chief executive officer, Sid Banerjee, credits strategic investments, a changing revenue model, and consistently outstanding technology with the company’s 218% revenue growth. He said, “Clarabridge is driving the change to a customer-centric economy by providing companies with a 360-degree view of their consumers. Clarabridge’s industry-leading survey, text and sentiment analytics platform lets organizations analyze and act on all sources of customer feedback, from online reviews to support call transcripts. We have made strategic investments to expand our ability to interact directly with customers, ingest additional sources of feedback, and enhance the usability of our solutions. The result is the ability to see customers more clearly, act on their needs more confidently, and ultimately produce customer happiness.”
“The companies ranked on the 2014 Deloitte Technology Fast 500 continue to set the bar for their industry higher each year,” said Eric Openshaw, vice chairman, Deloitte LLP and U.S. technology, media and telecommunications leader. “There are so many exciting products and smart thought leaders driving this list. We congratulate the Fast 500 companies and look forward to seeing them continue their momentum into 2015.”
“For 20 years, the Deloitte Fast 500 rankings have honored the innovation that is part of these companies’ DNA,” added Jim Atwell, national managing partner of the emerging growth company practice, Deloitte & Touche LLP. “We’re glad to be serving these high-growth companies, and helping the technology sector recognize the great strides and transformation these companies are making in their respective areas.”
Overall, 2014 Technology Fast 500™ companies achieved revenue growth ranging from 135 percent to 123,678 percent from 2009 to 2013, with an average growth of 1,640 percent. Clarabridge makes the list for a second year in a row, previously ranking 300 as a Technology Fast 500™ award winner for 2013.
About Deloitte’s 2014 Technology Fast 500™
Technology Fast 500, conducted by Deloitte LLP, provides a ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies – both public and private – in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2009 to 2013.
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 or CD, and current-year operating revenues of at least $5 million USD or CD. Additionally, companies must be in business for a minimum of five years and be headquartered within North America.
Clarabridge helps hundreds of the world’s leading brands understand and improve their customer experience. Using advanced text analytics, Clarabridge transforms survey, social, voice and all other forms of customer feedback into intelligence used to empower confident, decisive action across the business. The result: happier customers. For more information, visit www.clarabridge.com.