LONDON, Ontario--(BUSINESS WIRE)--Phoenix Interactive today announced it ranked 395th 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 based on percentage growth over a five year period. Phoenix Interactive grew 196% percent between 2009-2013.
Phoenix’s chief executive officer, Kyle MacDonald, credits a focus on customer-centric software solutions that enhance retail banking experiences through technology with the company’s 196% revenue growth. She said, “Our mission of providing financial institutions worldwide with the tools necessary to foster growth in their self-service channels has remained unchanged. We continue to focus on equipping global financial institutions with powerful software solutions that allow them to communicate and service their retail banking customers more effectively and efficiently. Our tenacity, innovative approaches and thought leadership continues to make our banking partners successful. We couldn’t be more proud of our achievements and for the recognition provided by Deloitte.”
“Technology Fast 500 winners achieve success and strong growth as a direct result of their leadership and commitment to innovation,” said Pascal Lamoureux, Partner and Leader for Deloitte’s Fast 50 program. “They make significant contributions to the evolution of the technology industry.”
Overall, 2014 Technology Fast 500™ companies achieved revenue growth ranging from 136 percent to 123,678 percent from 2009-2013, with an average growth rate of 1,646 percent.
About Deloitte’s 2014 Technology Fast 500™ - Technology Fast 500™, conducted by Deloitte & Touche 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.
About Phoenix Interactive - Since 1987, Phoenix has pioneered many of the banking industry's most dramatic innovations, including truly independent multi-vendor ATM software, deposit automation, 1:1 targeted marketing and – most recently – retail branch banking transformation. We continue to set the standard for best practices in the self-service industry by creating highly configurable, enterprise-wide solutions that represent a seamless fusion of technology and customer experience. For further information about Phoenix Interactive, please visit www.phoenix-interactive.com, call 519-679-2913 or e-mail email@example.com.