Attributes its 1386 percent revenue growth to consumer-focused business model.
ParetoLogic today announced that it ranked number 83 on Technology Fast 500™, Deloitte’s ranking of 500 of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Rankings are based on percentage of fiscal year revenue growth during the period from 2005–2009. ParetoLogic grew a stunning 1386 percent during this period.
Don Wharton, ParetoLogic’s Co-founder and Chief Operating Officer, credits the company’s growth over the past five years to strong marketing channels and quality, user-friendly products. “In-depth market research ensures a healthy customer base for all our products. We create our software for all users, allowing us to serve customers who otherwise would be at the mercy of computer repair technicians, or who would simply have no solution at all.”
Technology Fast 500™ recognizes innovative companies that have broken down barriers to success and defied the odds with their outstanding five-year revenue growth.
“With its remarkable growth from 2005 to 2009, ParetoLogic has earned its position among the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America and deserves our congratulations,” said John Ruffolo, National Leader, Technology, Media & Telecommunications Industry Group, Deloitte Canada. “Deloitte is proud to honour ParetoLogic for this accomplishment.”
ParetoLogic previously ranked number 17 as a Technology Fast 50™ award winner earlier this year, among technology companies in Canada.
“This year has been particularly successful for ParetoLogic,” said Wharton. “We introduced our latest software program: the all-in-one utility PC Health Advisor, launched many program updates, and began several significant new projects. These awards are a welcome reflection of our growing base of satisfied users, and the dedicated work of our exceptional staff.”
Overall, Technology Fast 500™ award winners for 2010 had revenue growth ranging from 146 percent to 164,079 percent from 2005 to 2009, with an average growth of 2,361 percent.