Reston, Virginia – November 16, 2016 – ScienceLogic, the leader in hybrid IT monitoring, today announced it ranked 408 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. ScienceLogic grew 161% percent during this period.
ScienceLogic’s chief executive officer, Dave Link, credits the company’s 161% revenue growth to his company’s hyper-focus on hybrid IT service assurance and being a responsive vendor. “Our customers appreciate the fact that we don’t operate like other vendors in our market,” said Link. “We’ve proven that you can grow your business at an incredible rate and still maintain close partnerships with each of your customers. We work hand-in-hand with our customers to help automate their IT service assurance and when new technologies hit the market, we’re often first to show up with an effective solution for discovering, monitoring, and managing those technologies.”
ScienceLogic has been recognized for a number of awards this past year, including Red Herring’s Top 100 North American companies, Northern Virginia Tech Council’s (NVTC) CFO of the Year honors, and the UK Cloud Awards. CEO Dave Link was also named an Ernst & Young Entrepreneur of the Year 2016 Mid-Atlantic award winner.
“ScienceLogic is honored to be recognized as one of the fastest growing companies in North America by Deloitte,” said Link. “It’s proof that our solutions drive real value and maximize business impact for our customers, and it further demonstrates that our customer-centric strategy differentiates our business in the marketplace.”
Overall, 2016 Technology Fast 500™ companies achieved revenue growth ranging from 121 percent to 66,661 percent from 2012 to 2015, with median growth of 290 percent.
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 2012 to 2015.
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.
As used in this document, “Deloitte” means Deloitte LLP and its subsidiaries. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting.
ScienceLogic is the global leader in hybrid IT service assurance. Over 47,000 global service providers, enterprises, and government organizations rely on ScienceLogic to significantly enhance IT efficiency, optimize operations, and ensure business continuity. ScienceLogic is the first monitoring solution to provide a comprehensive, real-time view of all IT components, whether they reside in a public cloud environment or on-premises. With hundreds of packaged management apps and custom dashboarding capabilities, we deliver the scale, resiliency, and automation needed to simplify the constantly evolving task of managing IT infrastructure, applications, and services.