welocalize ranked number 438 fastest growing company in north america on deloitte’s 2011 technology fast 500™
Attributes its 167 percent revenue growth to staff focus on customer service, global teamwork, quality & innovation
Frederick, Maryland USA – October 19, 2011 – Welocalize announced that it ranked number 438 on Technology Fast 500™, Deloitte’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 period from 2006 – 2010. Welocalize grew 167 percent during this period.
Welocalize’s CFO, Tim Delbrugge, credits the company’s global staff, strategic partners and clients with the company’s 167 percent revenue growth over the past five years. He explains, “Our focus on Customer Service, Global Teamwork, Quality and Innovation has accelerated our growth over the past 5 years. In today’s marketplace it is no longer good enough for your customers to like you. With end users focusing on ease of operation and speed of service, it is imperative that Welocalize be a strategic business partner with our clients as they continue to move their product offerings to an on-demand/cloud environment. Our strong growth is a reflection of our ability to meet our customers’ needs while retaining a fully engaged workforce.”
Welocalize has ranked as a Technology Fast 50/500™ award winner for the last 11 years.
Overall, 2011 Technology Fast 500™ companies achieved revenue growth ranging from 134 percent to 70,211 percent from 2006 to 2010, with an average growth of 1,736 percent. The full list of rankings is available and posted on the Fast500 website.
About Deloitte’s 2011 Technology Fast 500™
Technology Fast 500, which was conducted by Deloitte & Touche LLP, a subsidiary of 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 2006 to 2010. 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.
Welocalize offers integrated translation services and products to support the need for on-demand translation. We provide globalization consulting, translation, localization, testing solutions and enterprise translation management tools that are optimized to be able to deliver on-demand translation in over 100 languages. With over 500 employees worldwide, Welocalize maintains offices in the United States, United Kingdom, Germany, Ireland, Japan and China. Please visit www.welocalize.com for more information.