TORONTO, Nov. 16, 2015 /CNW/ - Redknee Solutions Inc.
(TSX: RKN), a leading provider of real-time monetization and
customer management software, is pleased to announce that it has
been recognized on Deloitte's Technology Fast 50™ and 500 lists.
Overall Redknee achieved revenue growth of 365% for the period
2011-2014, placing Redknee in 25th position in the Fast
50 and 203rd position in the Fast 500.
The Deloitte Technology Fast 50™ program celebrates leaders in
the Canadian technology industry and tracks the successful growth
of Canadian-grown leaders. The Fast 500 recognizes the fastest
growing organizations across North
America. Award winners are selected on their ability to
create a distinct competitive advantage in a high growth market and
are presented to qualified companies that demonstrate technological
leadership on four key criteria: competitive advantage; growth and
market attractiveness; management effectiveness and organization;
and financial performance.
"Redknee is proud to be recognized as one of the fastest growing
companies in North America. The
ranking recognizes Redknee's strong growth, both organically and
through acquisition, and our competitive position in the
monetization and subscriber management software market. We look
forward to achieving additional milestones in our business strategy
throughout 2016." said Lucas Skoczkowski, Redknee's CEO.
"Despite market uncertainty, the Deloitte Technology Fast 50™
and 500 have found a way to 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 50 and 500 companies. We are
looking forward to witnessing their continued growth and impact on
the technology market."
Redknee provides a complete portfolio of monetization and
subscriber management solutions for service providers across the
world. Redknee enables service providers from the telecommunication
and other vertical markets such as energy and transportation to
monetize and optimize the subscriber experience across the entire
customer lifecycle. Redknee supports a 360 degree view of the
customers' usage, preferences, and integration with third party
social media sites, to empower customers with self-care tools and
the ability to pay for services on the go, Redknee offers one of
the most comprehensive real-time converged charging, policy
management, billing and customer care solutions. Redknee's highly
scalable and flexible solutions enable service providers to
monetize third party relationships and content, support resellers
and dealers and launch multi-country operations quickly,
effectively and with a low total cost of ownership. Available
on-premise, cloud-based and as a Software-as-a-Service offering,
Redknee delivers a complete monetization and subscriber management
solution to more than 250 service providers, including some of the
largest Tier 1 operators in the world.
About the Deloitte Technology Fast 50™
The Deloitte
Technology Fast 50 program is Canada's pre-eminent technology awards
program. Celebrating business growth, innovation and
entrepreneurship, the program features three distinct categories
including the Technology Fast 50 Ranking, Companies-to-Watch Awards
(early-stage Canadian tech companies in business less than four
years, with the potential to be a future Deloitte Technology Fast
50 candidate) and the Leadership Awards (companies that demonstrate
technological leadership and innovation within the industry.)
Program sponsors include Deloitte, Bank of Montreal, Bennett
Jones, OMERS Ventures and Vistara Capital Partners. For
further information, visit www.fast50.ca.
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 Redknee:
Redknee monetizes today's digital
world. We provide a complete portfolio of mission-critical
monetization and subscriber management solutions and services that
allow communications service providers, utility companies, auto
makers and enterprise businesses of all types to charge for things
in new and innovative ways. Redknee's real-time billing, charging,
policy and customer care offerings provide the agility and
scalability to drive a unique user experience, increase
profitability and support any new product or business model.
Available on premise, cloud-based, or as a Software-as-a-Service,
Redknee's low-risk, flexible solutions power more than 250
businesses across the globe. Established in 1999, Redknee Solutions
Inc. (TSX: RKN) is the parent of the wholly-owned operating
subsidiary Redknee Inc. and its various subsidiaries. References to
Redknee refer to the combined operations of those entities. For
more information about Redknee and its solutions, please go to
www.redknee.com.
SOURCE Redknee Solutions Inc.