Indotronix Avani has been recognized by Deloitte as one of their 2020 Technology Fast 500 North America companies. This marks the fourth consecutive year that Indotronix Avani has been recognized by Deloitte as one of the fastest growing technology companies in North America in the Software/SaaS category. Technology Fast 500 awardees are selected based on percentage fiscal year revenue growth from 2016 to 2019. This year Indotronix Avani ranked at #390 based on 239% growth over the three-year reporting period.
Deloitte created the Technology Fast 500 to recognize the passion and dedication it takes to be an industry disruptor. The ranking is compiled based on submitted applications and public company database research, with winners selected based on percentage fiscal-year growth over a three-year period. “For more than 25 years, we’ve been honoring companies that define the cutting edge and this year’s Technology Fast 500 list is proof positive that technology — from software and digital media platforms, to biotech — truly does permeate so many facets of our lives,” said Paul Silverglate, vice chairman, Deloitte LLP and U.S. technology sector leader.
Indotronix Avani CEO, Sameer Penakalapati stated, “It is an honor for Indotronix Avani to be recognized on this prestigious ranking of the fastest growing technology companies in North America. I am proud of the Indotronix Avani team for achieving this milestone for the fourth year in a row. This recognition will further strengthen our commitment to delivering innovative technology solutions that enable our customers’ success.”