SEATTLE--(BUSINESS WIRE)--Yapta today announced that it was named to Deloitte’s 2019 Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America now in its 25th year. Yapta’s fiscal year revenue growth of 312 percent from 2015-2018 placed the company 324th on Deloitte’s national ranking, and 15th in the state of Washington.
“Earning a spot in Deloitte’s ranking is an honor our entire organization can celebrate,” said James Filsinger, president and CEO of Yapta. “There are so many innovative tech companies throughout North America that are experiencing fantastic growth. It’s truly gratifying to be recognized among the fastest growing – and it’s a tribute to the hard work of an amazing team we have at Yapta. Our people are the best at what they do, and as evidenced by this award, it shows.”
Yapta, the leading provider of airfare and hotel price tracking services, currently serves more than 8,500 enterprise customers in 46 different countries, including half of the Fortune 100. Yapta has distribution agreements with more than 30 travel management companies (TMCs) - including 14 of the top 20 TMCs in the world. A number of these TMC partners currently use Yapta’s Intelligent Price Tracking as the engine behind their own price assurance solutions.
In June, Yapta became the first solution provider to automate the re-booking process for both airfare and hotels. By automating these processes customers have seen savings opportunities converted at a significantly higher rate, resulting in greater savings levels and decreased travel agency costs. And in August, Yapta rolled out TravelAI Hotel version 2.0 - expanding the prescriptive capabilities of its hotel analytics solution. Early usage by Yapta customers has shown that TravelAI Hotel version 2.0 can deliver an additional three to five percent in savings for travel programs of all size.
“This year marks the 25th anniversary of Deloitte’s Technology Fast 500, so we are especially pleased to announce and congratulate the 2019 winners,” said Sandra Shirai, vice chairman, Deloitte LLP, and US technology, media, and telecommunications leader. “Once again, we saw innovation across the board, with software companies continuing their dominance of the top ten. It’s always inspiring to see how the Fast 500 companies are transforming business and the world we live and work in.”
“As technology innovation trends toward ‘everything as a service,’ it’s no surprise that software companies dominate the winners list yet again this year,” said Mohana Dissanayake, partner, Deloitte & Touche LLP, and industry leader for technology, media, and telecommunications, within Deloitte’s audit and assurance practice. “What’s exciting about celebrating 25 years of the Tech Fast 500 is we now have a quarter century of innovation stories to draw and reflect upon. These are the companies that push boundaries, help organizations become more efficient and productive, and ultimately enable businesses to drive growth and revenue. We congratulate all the well-deserving winners.”
About Deloitte's 2019 Technology Fast 500™
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as “Deloitte Global”) does not provide services to clients. In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the “Deloitte” name in the United States and their respective affiliates. Certain services may not be available to attest clients under the rules and regulations of public accounting. Please see www.deloitte.com/about to learn more about our global network of member firms.
Yapta's mission is simple: To give our customers confidence in travel. To that end, we are the world’s leading company for airfare and hotel rate price assurance, analytics, and cost savings. We dynamically monitor billions of prices every month, and transform that data into highly meaningful savings, insights, and reports. Since 2007, we've brought technology leadership to the travel landscape and our 8,000+ corporate customers. Named to Deloitte’s Fast500 for North America for 2017, 2018, and now 2019, Yapta pioneered the category of travel price assurance. We're driven to help build confidence in our customers’ travel programs.