Attributes 974% revenue growth to forward-thinking customers leveraging Intelligent Automation
NEW YORK, November 7, 2019 — WorkFusion today announced it is ranked No. 129 on Deloitte’s Technology Fast 500TM, a list of the 500 fastest-growing technology, media, telecommunications, life sciences, and energy tech companies in North America, now in its 25th year. WorkFusion grew 974% during this period.
WorkFusion’s Chief Executive Officer, Alex Lyashok, credits the company’s forward-thinking customers for the company’s 974% revenue growth. He said, “Our customers — particularly in banking, insurance, healthcare and consumer products/retail — are taking advantage of Intelligent Automation to transform the processes that make their business grow faster, smarter and more profitable. We are happy that so many enterprises are seeing fast time-to-value from our AI-native, unified automation platform, and that we can be part of their digital transformations.”
“This year marks the 25th anniversary of Deloitte’s Technology Fast 500, so we are especially pleased to announce and congratulate the 2019 winners,” said Sandra Shirai, vice chairman, Deloitte LLP, and U.S. technology, media, and telecommunications leader. “Once again, we saw innovation across the board, with software companies continuing their dominance of the top 10. It’s always inspiring to see how the Fast 500 companies are transforming business and the world we live and work in.”
“As technology innovation trends toward ‘everything as a service,’ it’s no surprise that software companies dominate the winners list yet again this year,” said Mohana Dissanayake, partner, Deloitte & Touche LLP, and industry leader for technology, media, and telecommunications, within Deloitte’s audit and assurance practice. “What’s exciting about celebrating 25 years of the Tech Fast 500 is we now have a quarter century of innovation stories to draw and reflect upon. These are the companies that push boundaries, help organizations become more efficient and productive, and ultimately enable businesses to drive growth and revenue. We congratulate all the well-deserving winners.”
WorkFusion previously ranked #143 as a Technology Fast 500TM award winner for 2017.
Overall, 2019 Technology Fast 500TM companies achieved revenue growth ranging from 166% to 37,458% from 2015 to 2018, with median growth of 439 percent. View the complete list here.
About Deloitte’s 2019 Technology Fast 500TM
Now in its 25th year, 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 scale year revenue growth from 2015 to 2018.
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 USD $50,000, and current-year operating revenues of at least USD $5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
WorkFusion’s mission is to accelerate the world’s transition to more meaningful work. WorkFusion offers AI-driven automation at scale for companies worldwide. Leading enterprises across industries choose WorkFusion to reduce their total costs, up-skill their workforces and gain a competitive edge. WorkFusion is headquartered in New York City with operations throughout Europe and Asia.
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