Tangoe, Inc. (NASDAQ: TNGO), a leading provider of enterprise communications lifecycle management software and related services, today announced it ranked number 216 on Deloitte’s 2011 Technology Fast 500™ ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, and clean technology companies in North America. The 2011 rankings are based on percentage growth of fiscal year revenue from 2006 to 2010, and Tangoe’s revenues grew 432 percent during this period.
Tangoe has ranked as a Technology Fast 500 recipient for the past six years. Tangoe’s President, CEO, and Founder, Al Subbloie, credits strong demand for enterprise mobility management and telecommunications savings opportunities for the company’s 432 percent revenue growth over four years. He said, "Tangoe is pleased to participate in these awards this year and again be recognized as one of our nation’s fastest growing technology companies. Our growth is a testament to our continual commitment to deliver measurable,long-term business value to our customers. The high demand for our Communications Lifecycle Management solutions, combined with our commitment to advancing the enterprise technology experience has fueled our growth and enabled us to thrive in the public market.”
“Tangoe has excelled in fostering innovation and channeling it into spectacular growth—against the backdrop of one of the most challenging economies in history,” said Eric Openshaw, vice chairman and U.S. technology, media, and telecommunications leader, Deloitte LLP. "Deloitte recognizes Tangoe for its remarkable accomplishment.”
About Deloitte’s 2011 Technology Fast 500™Technology Fast 500, which was conducted by Deloitte & Touche LLP, a subsidiary of 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 growth of fiscal year revenue from 2006 to 2010. 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.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV