Attributes 451 Percent Revenue Growth to strong Company Culture
TAMPA, FL. – November 15, 2018 – ReliaQuest, the leader in Security Model Management, today announced it ranked 214th 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. ReliaQuest grew 451 percent during this period.
ReliaQuest’s Chief Executive Officer, Brian Murphy, credits a strong culture and hardworking employees with the company’s 451 percent revenue growth.
“It’s amazing to see our teams deliver outcomes for our customers and our business that are both rewarding and help them grow in their careers,” said ReliaQuest CEO Brian Murphy. “I couldn’t be prouder of the work the ReliaQuest team has done to build and maintain such a high-performance culture.”
“Congratulations to the Deloitte 2018 Technology Fast 500 winners on this impressive achievement,” said Sandra Shirai, vice chairman, Deloitte LLP, and U.S. technology, media and telecommunications leader. “These companies are innovators who have converted their disruptive ideas into products, services and experiences that can captivate new customers and drive remarkable growth.”
“Software, which accounts for nearly two of every three companies on the list, continues to produce some of the most exciting technologies of the 21st century, including innovations in artificial intelligence, predictive analytics and robotics,” said Mohana Dissanayake, partner, Deloitte & Touche LLP, and Industry Leader for technology, media and telecommunications, within Deloitte’s audit and assurance practice. “This year’s ranking demonstrates what is likely a national phenomenon, where many companies from all parts of America are transforming the way we do business by combining breakthrough research and development, entrepreneurship and rapid growth.”
Overall, 2018 Technology Fast 500TM companies achieved revenue growth ranging from 143 percent to 77,260 percent from 2014 to 2017, with median growth of 412 percent.
About Deloitte’s 2018 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 2014 to 2017.
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, and current-year operating revenues of at least $5 million USD. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
For the past 11 years, ReliaQuest has worked to reshape the cybersecurity industry by helping enterprise security teams rethink their reliance to any one technology, automate security outcomes, and elevate the security team within the enterprise. ReliaQuest leverages a discipline called Security Model Management to help organizations configure consistent security models that evolve over time. By combining existing tools and technologies with ReliaQuest’s proprietary technology, people, and process, ReliaQuest transforms organizations into their own security platforms. The result is unmatched visibility and optimized security spend. ReliaQuest operates 24 hours a day, 365 days a year from Security Operations Centers in Tampa, FL; Las Vegas, NV; and Dublin, Ireland.
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