Company Attributes 155 Percent Revenue Growth to Notable Federal Contract Wins in Past Year
Washington, D.C., Nov. 16, 2015 — Apprio, a leading provider of specialized technology solutions, particularly for the health, defense and homeland security markets, today announced it ranked No. 405 on Deloitte’s 2015 Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. The rankings are created by looking at companies’ percentage of revenue growth over a four-year period. Apprio grew 155 percent during this period.
“Apprio continues its growth momentum in the federal government arena, and this honor marks the fourth year in a row that Apprio has made the Deloitte Technology Fast 500,” says Darryl F. Britt, Apprio’s president. “Our strong customer focus and expertise in the markets in which we operate have brought us major federal contract wins this year, which have contributed to our 155 percent revenue growth.”
“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.”
Apprio previously ranked 446 on Deloitte’s Technology Fast 500™ in 2014 and ranked 342 in 2013.
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.
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.
Apprio is a provider of specialized technology solutions, particularly for the health, defense and homeland security markets. The company provides innovative IT and program services in healthcare IT, emergency response management and financial management. Apprio delivers the methodologies, discipline and thought-leadership provided by the large integrators, with the cost structure and collaboration offered by smaller firms.