QOS Networks Ranked Number 226 Fastest-Growing Company in North America on the 2021 Deloitte Technology Fast 500
Nov 17, 2021
— After a successful year, filled with digital transformation breakthroughs for many customers, QOS Networks has seen a 594% Revenue Growth —
Irvine, Calif. – Nov. 17, 2021 – QOS Networks, the leading edge managed network service provider that gives enterprises seamless network capabilities to drive business innovation, today announced it ranked No. 226 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. QOS Networks grew 594% during this period.
“2021 has been a monumental year for QOS Networks, and we’re honored to be recognized by Deloitte as one of the fastest growing companies in North America, said Frank Cittadino, Chief Executive Officer of QOS Networks. We have partnered with industry leading companies to deliver the best quality of service to empower IT teams and lines of business to be the most efficient, with the best edge-to-cloud network solutions. This award is a testament to the teams dedication, effort and perseverance with the goal of being the most advanced managed service provider (MSP) in the industry.
QOS is merging data, technology, and the network to bring a new level of intelligence to the network edge that delivers ROI for clients. By providing application optimization, automated processes, and increased operational maturity, enterprises are freed up to focus on strategic initiatives that deliver the ultimate customer experience. With over 45,000+ deployed locations in 51 countries worldwide, QOS is leading the technical innovation for companies looking to enhance their customer experience and utilize a new level of intelligence.
Each year the Technology Fast 500 shines a light on leading innovators in technology and this year is no exception, said Paul Silverglate, vice chair, Deloitte LLP and U.S. technology sector leader. In the face of innumerable challenges resulting from the pandemic, the best and brightest were able to pivot, reinvent and transform and grow. We celebrate the winning organizations and especially the talented employees driving their success.
Now in its 27th 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 2017 to 2020.
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 companys 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.
The pandemic has underscored the urgent need for tech solutions in a variety of areas across health care, fintech, energy tech, entertainment, to name a few, so reliance on innovators like the winners of the Technology Fast 500 is more important than ever, said Christie Simons, partner, Deloitte & Touche LLP and industry leader for technology, media and telecommunications within Deloittes audit & assurance practice. These companies are not only at the cutting edge, transforming the way we do business, but most importantly, recognize the strategic importance of ongoing innovation, especially in the ever-changing world of technology.
This recognition by Deloitte adds to QOS growing list of accolades, which includes being named one of the top industry-leading managed network service providers in Channel Futures 2021 MSP 501 list, and winning the 2021 IoTEvolution Edge Computing Excellence Award. In addition, QOS recently announced its enhanced AIOps product suite, which empowers enterprises to accelerate their digital transformation, preempt outages and drive innovation forward which is supported by a brand new website as well.
About QOS Networks
QOS Networks is the leading managed service provider helping companies through their digital transformation. At its core, QOS provides the worlds best quality of service to empower IT teams and Lines of Business to be highly productive with complete solutions from edge to cloud. Headquartered in Irvine, California, QOS turns network data into actionable insights through advanced monitoring, analytics, and management enabled by automation and AI so customers can proactively discover opportunities that will strengthen their organization. For more information, please visit: qosnetworks.com.
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Chelsea Horn for QOS Networks
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