Scottsdale, AZ—Nov. 17, 2015—GPS Insight announced that it ranked 431 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. GPS Insight had 140 percent four-year growth and this is the fifth consecutive year that GPS Insight made the list.
GPS Insight’s founder and CEO, Rob Donat, credits keeping ahead of the competition with cutting-edge technology for the company’s 140 percent revenue growth. He said, “Our customers require global positioning system (GPS) tracking solutions, which meaningfully help their operation and save them significant amounts of money. By innovating continuously to provide these solutions, we are able to deliver value to win business and ensure recurring revenues for GPS Insight.”
“Amid a fierce business climate, there seems to be no shortage of new and established companies that are unlocking a seemingly unlimited potential for growth and advancement through technology’s continued disruption and proliferation across industries,” said Sandra Shirai, principal, Deloitte Consulting LLP, and U.S. technology, media and telecommunications leader. “It is inspiring to witness the innovative ways that companies are incorporating emerging technologies for business gains, be it cognitive computing or the Internet of Things. We congratulate all those ranked on this year’s Fast 500 and look forward to seeing their continued growth into 2016.”
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 2011 to 2014.
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 four years and be headquartered within North America.