Attributes 249% Percent Revenue Growth to Envysion’s leadership position in a rapidly emerging market.
Louisville, Colorado, November 13, 2014— Envysion today announced it ranked 338 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. Envysion grew 249% percent during this period. Envysion’s chief executive officer, Matt Steinfort, credits Envysion’s leadership position in a rapidly emerging market with the company’s 249% revenue growth. He said, “ The market is exploding as customers understand the power of video intelligence and how it can impact brand execution, employee coaching and training, customer experience—and ultimately their profit margins.” “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.
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.
Envysion helps companies deliver on their brand promise. Successful brands know their formula—the experience they want their customers to have, the processes they want their employees to follow, and the economics they expect to achieve. Envysion gives them the ability to understand whether they are delivering on this formula. Envysion provides what companies need to test, measure, and make needed changes that impact their customers, their operations and their profitability. Envysion’s video intelligence platform gives visibility into every store…every location…every day…from anywhere. Envysion provides the insight into the most important events—so real-time changes can be made. Envysion Insight platform brings operational, financial and employee metrics together with video and sophisticated analytics to transform them into actionable insights delivered to decision makers across the organization—no matter where they are—via intuitive, easy-to-use dashboards, business intelligence reports and video—all via the cloud. ###