05 Jan Jan 2017: iRS once again bags Deloitte’s Technology Fast 500 APAC 2016 award
iRS once again bags Deloitte’s Technology Fast 500 APAC 2016 award
It gives us immense pleasure to once again announce that iResearch Services has bagged the Deloitte Technology Fast 500 APAC award for 2016. We have been ranked #237 among a lot of leading companies across the APAC region.
“Our Asia Pacific Technology Fast 500 winners demonstrate how new technologies are shaping the way we live and work, using innovative solutions to transform business models and simplify the lives of the consumer,” said Toshifumi Kusunoki, Deloitte Leader, Technology Fast 500 Asia Pacific.
Awardees are selected for the Technology Fast 500 ranking based on percentage fiscal year revenue growth over three years. The top 500 companies in 2016 averaged revenue growth of 573 percent, an increase of 158 percentage points from 2015, which saw average revenue growth of 415 percent, the highest growth seen in the program since 2008. The top ten companies in the ranking achieved average revenue growth of 9932 percent.
“A great achievement by the team at iResearch Services! Having won two of these prestigious awards ( Fast 50 and Fast 500 ) consecutively in 2016 is definitely remarkable and it goes without saying that our efforts as a TEAM has led us to getting these accolades. Our team’s focus and commitment to deliver the best to our customers has made this possible once again.” said Yogesh Shah, director, iResearch Services.
The Technology Fast 500 award winners are selected based on % fiscal year revenue growth during the period from 2013 to 2015 (or 2014 to 2016 for a financial year ending between January and June). Eligibility for the Technology Fast 500 requires that companies 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 US$50,000. Additionally, companies must be in business for a minimum of three years, and be headquartered within Asia Pacific. This ranking is compiled from nominations submitted directly to the Technology Fast 500 program, and public company database research.
If you would like to learn more about the Technology Fast 500 Asia Pacific program, please visit www.deloitte.com/fast500apac.