Attributes 558 percent revenue growth to innovative cloud and mobile identity security solutions for business and government.
November 14, 2012
DENVER, Colo. — November 14, 2012 — Ping Identity®, today announced it ranked 166 on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Ping Identity grew 558 percent during this period.
Ping Identity’s Chief Executive Officer Andre Durand credits the dedication to innovation with the company’s success. “We employ the brightest minds in identity. People who are passionate about innovation to drive both our business and our industry forward," he said. “Focusing on great inputs enables great achievements. We are proud to be recognized by Deloitte & Touche.”
“The companies on the Fast 500 list are among those that have demonstrated remarkable innovation, creativity and business savvy,” said Bill Ribaudo partner, Deloitte & Touche LLP and national TMT leader for audit and enterprise risk services (AERS). “As a result, these companies have continued to successfully forge ahead in a challenging economic environment. We applaud the leadership and employees of Ping Identity for this impressive accomplishment.”
Overall, 2012 Technology Fast 500™ companies achieved revenue growth ranging from 128 percent to 279,684 percent from 2007 to 2011, with an average growth of 2,774 percent.