Austin, Texas – October 18, 2007 — QuickArrow, Inc., the leader in SaaS Services Automation, today announced its inclusion in Deloitte’s prestigious Technology Fast 50 Program for Texas.
To qualify for Deloitte’s Technology Fast 50, companies must have had operating revenues of at least $50,000 in 2002 and $5,000,000 in 2006, be headquartered in North America, and be a company that owns proprietary technology or proprietary intellectual property that contributes to a significant portion of revenues to the research and development of technology.
“Deloitte’s Texas Technology Fast 50 companies have shown the strength, vision and tenacity to succeed in today’s very competitive technology environment,” said Skip Moore, Managing Partner, Technology, Media & Telecommunications, Deloitte & Touche LLP. “We applaud their successes as the very few to accomplish these growth rates over the past five years.”
This week, QuickArrow was also named to Software Magazine’s Software 500 ranking of the world’s largest software and service providers. The Software 500 is a revenue-based ranking of the world’s largest software and services suppliers targeting medium to large enterprises, their IT professionals, software developers, and business managers involved in software and services purchasing.
“The Services Economy has exploded over the last several years, driving horizontal demand for PSA solutions across virtually every vertical industry,” said Ron Jennings, QuickArrow President and CFO. He continued, “At the same time, SaaS is becoming the standard for new enterprise software acquisitions. As a result, we’ve been able to achieve double-digit annual growth over the last several years that we expect to maintain moving forward.”
QuickArrow is ranked 418 on Software Magazine’s Software 500, now in its 25th year. With revenue growth of over 260% from 2002 – 2006, QuickArrow is listed at number 43 on Deloitte’s Technology Fast 50 Program for Texas.
