ARLINGTON, Va.--(BUSINESS WIRE)--DeepSig, a leader in artificial intelligence (AI) and machine-learning (ML) innovation in wireless communications, today announced it ranked 339th on the Deloitte Technology Fast 500™, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America, now in its 28th year. DeepSig grew 409% during this period.
DeepSig’s Chief Executive Officer, Jim Shea, credits DeepSig’s uniquely talented team and continued support from partners and investors with the company’s 409% revenue growth. Shea said, "We are honored to be recognized as one of the fastest-growing telecommunications companies in the US and are committed to bringing cutting-edge software which continues to improve performance and reduce costs in both private enterprise and public mobile networks."
“As the past year has shown us, innovation in important areas such as life sciences is critical to addressing infectious disease and other global health issues,” said Paul Silverglate, vice chair, Deloitte LLP and U.S. technology sector leader. “In addition, technology must keep pace with ever-changing consumer and corporate demands for faster, safer, and more efficient solutions to new societal challenges. Each year I am in awe of the immense talent the Technology Fast 500 rankings reveal, confirming the winners’ relentless pursuit of creativity and their ability to solve real-world problems that benefit us all.”
“This year’s Technology Fast 500 list is a true reflection of some of today’s most determined and inspiring pioneers who have prospered by anticipating what’s next, understanding what’s needed to succeed and driving creativity forward,” said Christie Simons, partner, Deloitte & Touche LLP and industry leader for technology, media and telecommunications within Deloitte’s audit and assurance practice. “Representing all facets of technology, the winners have shown they not only have the vision but can also expertly manage their companies through rapid growth. We congratulate each winner on their impressive achievements.”
Overall, 2022 Technology Fast 500™ companies achieved revenue growth ranging from 241% to 125,138% from 2018 to 2021, with median growth of 611%.
About the 2022 Deloitte Technology Fast 500™
Now in its 28th year, the Deloitte Technology Fast 500 provides a ranking of the fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies — both public and private — in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2018 to 2021.
To be eligible for Technology Fast 500 recognitions, 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 US$50,000, and current-year operating revenues of at least US$5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
About DeepSig, Inc.
DeepSig, Inc. is a venture-backed and product-centric technology company developing revolutionary wireless processing software solutions using cutting edge machine learning techniques to transform baseband processing, wireless sensing, and other key wireless applications. Known as “deep learning,” a proven technology in vision and speech processing now accelerates 5G network performance, capacity, operational efficiency, and the customer experience. For more information, visit https://www.deepsig.ai.
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