Attributes its 163 percent revenue growth to increasing customer demand, a strong reseller network and the agility of cloud based technology.
Auckland, New Zealand, 24 January 2017 - Virsae announced that it ranked Number 308 on the Deloitte Technology Fast 500™ Asia Pacific 2016, a ranking of the 500 fastest growing technology companies in Asia Pacific. Rankings are based on percentage revenue growth over three years. Virsae grew 163 percent during this period.
Virsae CEO Tony Jayne identified three factors driving company growth. “More customers are adopting services like VSM to keep their business communications running at peak performance. Secondly, a growing network of resellers delivers our solution to customers around the globe. Lastly, Virsae’s cloud-based platform accelerates innovation and the introduction of service enhancements. So we’re more nimble than traditional enterprise software vendors.”
"Making the Deloitte Technology Fast 500™ is commendable in today’s highly competitive technology industry," said Toshifumi Kusunoki, DTTL Leader, Deloitte Technology Fast 500™ Asia Pacific program. "We congratulate Virsae on being one of the 500 fastest growing technology companies in the region."
Deloitte Technology Fast 500™ Asia Pacific selection and qualifications
The Technology Fast 500™ list is compiled from the Deloitte Asia Pacific Technology Fast 50 programs, nominations submitted directly to the Technology Fast 500™, and public company database research. To qualify for the Technology Fast 500™, entrants must have had base-year operating revenues of at least US$ 50,000. Entrants must also be public or private companies headquartered in Asia Pacific and must be a “technology company,” defined as a company that develops or owns proprietary technology that contributes to a significant portion of the company's operating revenues; or manufactures a technology-related product; or devotes a high percentage of effort to the research and development of technology. Using other companies' technology in a unique way does not qualify.