Nov 15, 2013, 11:14 ET
RAGE Frameworks named amongst Fastest Growing Companies in North America on Deloitte’s 2013 Technology Fast 500™
WESTWOOD, Mass., Nov. 15, 2013 /PRNewswire/ — RAGE Frameworks today announced that it was named in Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America.
RAGE chief executive officer, Dr. Venkat Srinivasan, credits RAGE’s unique patented technology platform and the outstanding team behind it with the company’s rapid revenue growth. He said, “Our vision of bringing true flexibility and an order of magnitude improvement in time-to-market IT solutions is resonating strongly with companies that find themselves unable to drive meaningful Business Transformation due to technology limitations. The RAGE platform has been designed to enable non-intrusive Business Transformation and bring real time Big Data insights into daily operations. Our technology platform and the outstanding team behind it have enabled us to rapidly solve our customers’ most thorny IT challenges in a manner that is perpetually flexible, and our strong revenue growth over this past period is a direct outcome of that.”
“The 2013 Deloitte Technology Fast 500 companies are exemplary cases of those spurring growth in a tough market through innovation,” said Eric Openshaw, vice chairman, Deloitte LLP and U.S. technology, media and telecommunications leader. “This year’s list is a who’s who of companies behind the most exciting and innovative products and services in the technology space. We congratulate the Fast 500 companies and look forward to what they do next.”
“The fastest growing companies in the US are drivers of constant innovation and operate with the agility to stay ahead of a quickly evolving marketplace, and software, biotech/pharma and internet companies continue to be at the forefront,” added James Atwell, national managing partner of the Emerging Growth Company practice, Deloitte Services LP. “The companies excelling in these sectors have a startup mentality that allows them to be nimble and adapt quickly, which is why they consistently lead the list of fast-growing companies each year.”
About Deloitte’s 2013 Technology Fast 500™
Technology Fast 500, conducted by 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 2008 to 2012.
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.
About RAGE Frameworks
RAGE Frameworks Inc. provides Business Process Automation and Semantic Intelligence solutions and products with the mission of bringing unprecedented Speed, Flexibility and Insight in solving the most complex mission critical enterprise business problems. Located in Westwood, MA the team at RAGE has had a long history of innovation and entrepreneurial success for over 15 years. To learn more about RAGE, visit www.rageframeworks.com.
PR Contact: Lori Kelly, RAGE Frameworks Inc, email address: Lori.Kelly@Rageframeworks.com or phone @ 781-493-6920