Company-X ranks on Deloitte Asia Pacific Technology Fast 500

Company-X ranks on Deloitte Asia Pacific Technology Fast 500 for second year running

• Company-X Ranked Number 387 Fastest Growing Technology Company on the Deloitte Technology Fast 500™ Asia Pacific 2018.

• Attributes its 135% Revenue Growth to service excellence and global operation.

HAMILTON, NEW ZEALAND, December 2018 – Company-X today announced that it ranked Number 387 on the Deloitte Technology Fast 500™ Asia Pacific 2018, a ranking of the 500 fastest growing technology companies in Asia Pacific.

Rankings are based on percentage revenue growth over three years. Company-X grew 135 percent during this period.

Company-X directors David Hallett and Jeremy Hughes, credit service excellence and global operation with the company’s 135% revenue growth over the past three years.

“The judges of the Service Excellence award we won at the Westpac Waikato Business Awards told us Company-X had built a reputation for delivering exceptional service to our clients by consistently exceeding expectations of what’s possible,” David said.

“The judges said our refreshing people-centric approach to software design and delivery ensured that the right Company-X team members are working with the right clients to keep projects on time and on budget.”

Jeremy said the judges of the Global Operator award that Company-X also claimed, had described Company-X as an impressive Waikato-based global operator that has an unrelenting focus on strong relationships with their customers and partners while building the best teams.

“They liked that we have a clear strategy that is articulated and understood throughout the Company-X team. Making decisions about which work we take on and who to partner with is always pulled back to our values and strategy.”

“Making the Deloitte Technology Fast 500™ is commendable in today’s highly competitive, fast-changing technology industry," said Toshifumi Kusunoki, DTTL Leader, Deloitte Technology Fast 500™ Asia Pacific program.

"We congratulate Company-X on being one of the 500 fastest growing technology companies in the region."

“Achieving sustained revenue growth of 135 percent over three years is a tremendous achievement. Company-X’s phenomenal growth puts it in excellent company.

“Because Deloitte Technology Fast 500™ Asia Pacific measures sustained revenue growth over three years, being one of the 500™ fastest growing technology companies in Asia Pacific is an impressive achievement.

“Attracting enough customers to attain such fast growth over three years makes a strong statement about the quality of a company’s product and its leadership.

“Making the Deloitte Technology Fast 500™ Asia Pacific ranking is a testament to a company’s commitment to technology.”

In addition to ranking on the Deloitte Technology Fast 500™, Company-X was named the Fastest Growing Technology Company in the Central North Island in the Deloitte Fast 50, which is a ranking of the 50 fastest growing firms in New Zealand.

Overall, companies that ranked on the Deloitte Technology Fast 500™ Asia Pacific 2018 program had an average growth rate of 600 percent—the highest average growth rate since 2008.

Deloitte Technology Fast 500™ Asia Pacific selection and qualifications

The Technology Fast 500™ list is compiled from the Deloitte Asia Pacific Technology Fast 50 programs, nominations submitted directly to the Technology Fast 500™, and public company database research. To qualify for the Technology Fast 500™, entrants must have had base-year operating revenues of at least US$ 50,000. Entrants must also be public or private companies headquartered in Asia Pacific and must be a “technology company,” defined as a company that develops or owns proprietary technology that contributes to a significant portion of the company's operating revenues; or manufactures a technology-related product; or devotes a high percentage of effort to the research and development of technology. Using other companies' technology in a unique way does not qualify.

About Company-X

Company-X is an innovative multi-award-winning software specialist based in Hamilton, New Zealand. Clients range from large, multi-national, businesses headquartered overseas, to small and medium sized enterprises in New Zealand.

Company-X’s world leading team design, develop and test bespoke software solutions for its clients.

In addition to ranking on the Deloitte Technology Fast 500™, Company-X was named the Fastest Growing Technology Company in the Central North Island in the Deloitte Technology Fast 50, which is a ranking of the 50 fastest growing technology firms in New Zealand.

Company-X won the Service Excellence and Global Operator awards at the prestigious Westpac Waikato Business Awards in 2018.

Company-X won the Services Exporter of the Year category at the Air New Zealand Cargo ExportNZ Awards 2017.

Company-X also won the Homegrown Innovators Independent Software Vendor Award at the Reseller News ICT Awards 2017.

The Company-X developed One Network Road Classification Performance Measures Reporting Tool won the Roading Asset Management Innovation Award at the Road Infrastructure Management Forum in 2017.

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