*Please note that Etelesolv has changed its company name to Cimpl in 2016.
Attributes 154 Percent Revenue Growth to its employees commitment.
(MONTREAL, QC - November 13, 2015) — Etelesolv (now Cimpl), Canada’s leader in IT and telecom expense management, today announced it ranked 408th 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. Etelesolv grew 154% between 2011 – 2014.
The company's President, Christopher Thierry, credits employees and customers with the company’s 154% revenue growth. Thierry stated, “Being on the Deloitte Fast 500™ two years straight is a great acknowledgement of our success. We actively seek our customers’ point of view in our approach to providing a world-class solution to managing Telecom, IT and cloud. Employees are the ones that make it all happen and I am proud of them all.”
“What’s clear is that despite market uncertainty, these companies have found a way innovate and grow, harnessing the power of emerging technologies to disrupt and influence business across almost all industries,” said Robert Nardi, Technology, Media and Telecommunications Managing Partner for Deloitte in Canada. “Congratulations to this year’s Fast 500 companies. We are looking forward to witnessing their continued growth and impact on the technology market”
Overall, 2015 Technology Fast 500 ™ companies achieved revenue growth ranging from 109% to 21,984% from 2011-2014, with an average growth rate of 850%.
About Deloitte’s 2015 Technology Fast 500™
Technology Fast 500, conducted by Deloitte & Touche LLP, 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 2011 to 2014.
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 four years, and be headquartered within North America.
About the company
With its global coverage, Etelesolv (now Cimpl) is leading the Canadian revolution of telecom and IT management by helping companies the costs of services associated with mobility, fixed telecom, Cloud, M2M, IT and UC assets. Cimpl, the company’s signature platform, brings together actionable real-time data and everyday processes to ensure that companies know what they have and how much it costs at any given time. Its business leadership and employee engagement have earned serious acclaim. The company has been recognized in many industry awards because of large and sustained revenue growth and its high level of employee engagement. For more information, visit http://home.cimpl.com/.
Caroline Le Brun