Outsell Ranks #455 as Fastest Growing Company in North America on Deloitte’s 2014 Technology Fast 500™
Third year in a row that Outsell has been named to the Deloitte Technology Fast 500; Outsell ranks #4 in Minnesota
Outsell ranked #455 on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Outsell ranked #4 in Minnesota and grew 156% percent during this period. This is the third year in a row that Outsell has been named to the Deloitte Technology Fast 500.
Michael Wethington, CEO of Outsell, said, “I have to give credit to the talented team here at Outsell and their ability to deliver innovative new products to many of the leading automotive brands in North America. We are honored to be on Deloitte’s 2014 Technology Fast 500 list once again. Outsell’s dramatic growth is a solid indicator that our flagship product, Outsell Fuel, delivers significant value to automobile manufacturers and their dealers.”
Overall, 2014 Technology Fast 500™ companies achieved revenue growth ranging from 135 percent to 123,678 percent from 2009 to 2013, with an average growth of 1,640 percent. A full listing of the Deloitte’s 2014 Technology Fast 500 is available to view online.
In 2014, Outsell launched new programs with Subaru, Volkswagen, Scion, Volvo and Porsche, was recognized with various business and industry awards, and exceeded quarterly revenue targets. Outsell Fuel – Outsell’s SaaS customer engagement platform – enables automotive brands and dealers to engage with their customers and prospects in a more brand-consistent and relevant manner, and helps them to build long-term loyalty and capture additional sales opportunities.
About Deloitte’s 2014 Technology Fast 500™
Technology Fast 500, conducted by Deloitte LLP, provides a ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies – both public and private – in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2009 to 2013.
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 five years and be headquartered within North America.