Richard Davies wrote: The UK has a good crop of technology pioneers in cloud computing - for example ElasticHosts, FlexiScale, Flexiant, OnApp - and also some strong government initiatives such as G-Cloud.
We will have to see whether this kind of technical leadership converts into swift mass-market adoption or not.
Additech today announced that it ranked number 141 on Technology Fast
500™, Deloitte LLP’s ranking of 500 of the fastest growing technology,
media, telecommunications, life sciences and clean technology companies
in North America. Rankings are based on percentage of fiscal year
revenue growth during the five-year period from 2004–2008. Additech grew
1,057 percent during this period.
Additech’s CEO, Andrew Austin, credits an unwavering commitment to
high-quality products, innovation, and customer service with the
company’s 1,057% revenue growth over the past five years. He said,
“We’re thrilled to be ranked 141st in the Fast 500. We are
fortunate to have such a skilled and dedicated team which has enabled
our business to grow rapidly. We thank Deloitte and its co-presenters
for this prestigious award."
“Technology Fast 500™ recognizes innovative companies that have broken
down barriers to success and defied the odds with their remarkable
five-year revenue growth,” said Phil Asmundson, Vice Chairman and U.S.
Technology, Media and Telecommunications leader, Deloitte LLP. "We
congratulate Additech on this accomplishment."
“With its impressive five-year growth, Additech has earned its position
among the fastest growing technology, media, telecommunications, life
sciences and clean technology companies in North America,” said Mark
Jensen, Managing Partner, Technology and Venture Capital Services,
Deloitte & Touche LLP. ”Deloitte is proud to honor Additech for its
achievement.”
Additech previously ranked 108th as a Technology Fast 500™ award winner
for 2008.
Technology Fast 500™ Selection and Qualifying Criteria
Technology Fast 500™ provides a ranking of the fastest growing
technology, media, telecommunications, life sciences and clean
technology companies in North America. This ranking is compiled from
nominations submitted directly to the Technology Fast 500™ website, and
public company database research conducted by Deloitte. Technology Fast
500™ award winners for 2009 are selected based on percentage fiscal year
revenue growth during the five-year period from 2004 to 2008.
In order to be eligible for Technology Fast 500™ recognition, companies
must own proprietary intellectual property or proprietary technology
that contributes to a significant portion of the company's operating
revenues. Using other companies' technology or intellectual property in
a unique way does not satisfy this requirement. Consulting companies,
professional service firms, etc. are not eligible unless they have
proprietary technology that contributes to a significant portion of
their operating revenues.
Technology Fast 500™ award eligibility requirements also include
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. These
revenues must have more than doubled between 2004 and 2008.
Additionally, companies must be in business for a minimum of five years,
and be headquartered within North America.
About Additech
Additech, Inc., headquartered in Houston, Texas, is the leading
outsourced operator of at-the-pump interactive merchandising systems in
North America. Additech’s patented systems, installed on over 4,000
fueling positions, enable fuel retailers to merchandise a variety of
products and services to consumers right at the gas pump. The company’s
technology seamlessly integrates with fuel dispensers and point-of-sale
systems to offer retailers a complete merchandising solution. Additech
offers its solutions to fuel retailers on a turnkey services basis,
meaning that Additech manufactures, installs, operates, and maintains
its equipment on behalf of fuel retailers. Retailers receive a share of
Additech’s revenues, without having to make a capital investment while
Additech is responsible for operating and maintaining the systems. For
more information about Additech and its retailer programs please visit http://www.additech.com.
About Deloitte
As used in this document, “Deloitte” means Deloitte LLP. Please see www.deloitte.com/about
for a detailed description of the legal structure of Deloitte LLP and
its subsidiaries.