Plano, Texas, November 16, 2015 — Visual BI Solutions today announced it ranked 34 on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America. Visual BI grew 2,783% percent during this period.
Founded in 2010 with the vision to innovate and transform how enterprises manage and leverage big data, Visual BI’s former CEO, Gopal Krishnamurthy, credits the firm’s revenue growth to the unique breadth of its business intelligence enablement offerings which range from analytics solutions and consulting services to software products.
“The rapid pace at which business is conducted today has spurred the generation of enormous amounts of data. As a result, companies are challenged to capture, visualize, and take action on data in real-time and on the go,” says Mr. Krishnamurthy. “Visual BI uniquely provides all-in-one business intelligence enablement solutions that touch all areas of the data lifecycle . From strategy consulting and technology implementation to innovative software products and executive dashboards, our solutions help clients turn big data into good data. We help them manage their businesses more competitively and proactively.”
“Amid a fierce business climate, there seems to be no shortage of new and established companies that are unlocking a seemingly unlimited potential for growth and advancement through technology’s continued disruption and proliferation across industries,” said Sandra Shirai, principal, Deloitte Consulting LLP and U.S. technology, media and telecommunications leader. “It is inspiring to witness the innovative ways that companies are incorporating emerging technologies for business gains, be it cognitive computing, or the Internet of Things. We congratulate all those ranked on this year’s Fast 500 and look forward to seeing their continued growth into 2016.”
“Through the efforts and utilization of new and emerging technologies from these companies, we are witnessing greater business demands from across almost all industries,” added Jim Atwell, national managing partner of the emerging company practice, Deloitte & Touche LLP. “We look forward to the opportunity to serve these companies as they strive to grow to the next level – be it towards introducing new solutions or entering new markets – and with it make important and long lasting impressions on the technology market as a whole.”
Overall, 2015 Technology Fast 500™ companies achieved revenue growth ranging from 109 percent to 21,984 percent from 2011 to 2014, with an average growth of 850 percent.
Summing up the accomplishment, Mr. Krishnamurthy concludes, “Visual BI Solutions recognizes the very competitive criteria for the Technology Fast 500. We are highly pleased to be included in this ranking and are inspired to achieve continued success.”
About Deloitte’s 2015 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 2011 to 2014.
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 four years and be headquartered within North America.
About Visual BI Solutions
Visual BI is a leading business intelligence (BI) enablement firm uniquely focusing on providing the market with both the software products and intellectual capabilities companies need to enhance and achieve agile, mobile and real-time BI.
Its end-to-end solutions range from function-rich platform extensions and products to strategic consulting engagements, dashboard creations, data visualizations and analytics tools. Headquartered in Plano, TX, Visual BI continually innovates its suite of offerings to deliver technology and services that enhance, extend, and accelerate business intelligence capabilities.
Visual BI’s expertise can help users of SAP BW, SAP BusinessObjects BI solutions, SAP HANA, the SAP Business Planning and Consolidation application, dashboards and visualizations using SAP Lumira® software, SAP BusinessObjects Design Studio, Tableau, TIBCO Spotfire and more.