QOS Networks Ranked #94 Fastest Growing Company on Deloittes 2019 Technology Fast 500
Nov 07, 2019
The growth of the network services and SD-WAN space has attributed to 1417.89% Revenue Growth for QOS Networks since 2015
November 7th, 2019, Irvine, CA QOS Networks today announced it ranked number 94 on Deloittes 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. QOS Networks grew an impressive 1417.89% during this period.
QOS Networks Chief Executive Officer, Frank Cittadino sees this growth as a product of the fast-paced SD-WAN space in conjunction with the software tool kit that drives measurable business results. Were thrilled to be on Deloittes Technology Fast 500 list with consistent annual growth. Our mission is to bring the best network and edge solutions to our customers, and we believe that QOS is the best in that area. Our customers and revenue growth speak to that achievement, says Cittadino.
This year marks the 25th anniversary of Deloittes Technology Fast 500, so we are especially pleased to announce and congratulate the 2019 winners, said Sandra Shirai, vice chairman, Deloitte LLP, and U.S. technology, media and telecommunications leader. Once again, we saw innovation across the board, with software companies continuing their dominance of the top ten. Its always inspiring to see how the Fast 500 companies are transforming business and the world we live and work in.
QOS Networks is an all-encompassing managed network solution for mid and enterprise customers. They incorporate SD-WAN, managed WiFi, IoT integrations, edge function management such as firewall or switches, ITSM network integration, and uCPE. They focus heavily on customer experience and partner with customers for ongoing management such as carrier and connectivity SLA and troubleshooting, proactive monitoring and alerting, reporting and trend tracking, and 24×7 global support.
As technology innovation trends towards everything as a service, its 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 Deloittes audit and assurance practice. Whats 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.
Overall, 2019 Technology Fast 500 companies achieved revenue growth ranging from 166 percent to 37,458 percent from 2015 to 2018, with median growth of 439 percent.
About Deloittes 2019 Technology Fast 500
Now in its 25th year, Deloittes 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 2015 to 2018.
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 $US50,000, and current-year operating revenues of at least $US5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
About QOS Networks
QOS Networks is redefining the network edge with their intelligent and robust solutions. QOS is an expert in the design, deployment, and management of edge solutions like SD-WAN, learning WiFi, network integrations like ITSM platforms, IoT, cloud and SaaS, edge compute, and 5G readiness. With a global multi-lingual Network Operation Center, QOS is changing the way enterprises interact and manage their multi-national networks. With a fanatical focus on customer experience, their award-winning deployment and solutions are ready for any network challenge.
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