Tracx Ranked Number 287th Fastest Growing Company in North America on Deloitte's 2016 Technology Fast 500™
Attributes 262% Percent Revenue Growth to enhanced product offerings.
Bethesda, MD (PRWEB) November 21, 2016
Tracx, a leading social media management platform, ranked 287 on Deloitte's Technology Fast 500™for 2016. The ranking is based on the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America. Tracx grew 262% percent from 2012-2015.
Tracx's CEO, Rick Rudman, credits best-in-class social listening and analytics as well as enhanced all-in-one capabilities for the company's growth. "Our customers find great value in the fact that our solution offers the broadest and deepest listening capabilities in the market," said Rudman. "Coupled with high-quality analysis we enable businesses to make data-driven decisions about their brand, customers, and marketing strategies."
Over the past year Rudman has relocated the Tracx headquarters to Bethesda, Maryland, and built a top-tier team to help remain competitive in the crowded but growing social media software space.
"When Tracx evolved our product offerings to include publishing and engagement, customers found additional value in our all-in-one suite, and new customers have joined at at increasing rate," said Matt Melnick, SVP of Sales.
"This year's Fast 500 winners showcase that when organizations are open to diverse perspectives and insights, they are able to create an environment for their employees and customers to see the possibilities and ingenious solutions that might lie ahead," added Jim Atwell, national managing partner of the emerging growth company practice, Deloitte & Touche LLP. "Entrepreneurial environments foster change and innovation within businesses, and we look forward to watching these companies continue to drive change across all sectors."
Tracx previously ranked 231 as a Technology Fast 500™ award winner for 2015.
About Deloitte's 2016 Technology Fast 500™
Deloitte's Technology Fast 500 provides a ranking of the fastest growing technology, media, telecommunications, life sciences 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 2012 to 2015.
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, and current-year operating revenues of at least $5 million USD. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
As used in this document, "Deloitte" means Deloitte LLP and its subsidiaries. Please see http://www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting.
Tracx is an all-in-one social media platform that helps social-savvy companies hear and react to the full conversation online. Tracx collects data from more sources than any other social listening platform, which is why companies like Kraft, EA Games, and Apple trust Tracx to help them navigate the social jungle. Visit tracx.com to learn more.
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