MCLEAN, VA. NOVEMBER 12, 2019
Binary Fountain, a leading customer experience (CX) and online reputation management platform for enterprises, healthcare organizations and small and medium-sized businesses, today announced it was selected as an honoree on Deloitte’s 2019 “Technology Fast 500™” list. Binary Fountain ranks 184 among the nation’s fastest-growing technology, media, telecommunications, life sciences and energy tech companies in North America by achieving 598% fiscal-year revenue growth over a three-year period. Now in its 25th year, being selected as a Deloitte “Technology Fast 500™” recipient is a recognized symbol of technological innovation, entrepreneurship and rapid growth.
“It’s an honor to be recognized by Deloitte for our innovative solutions and our rapid growth and expansion into new geographies and industry verticals over the last three years,” said Ramu Potarazu, president and CEO of Binary Fountain. “As we close out a milestone year of innovation and positive financial stability, Binary Fountain will remain committed to developing tech-forward solutions to better equip our customers with the technology they need to thrive in today’s rapidly changing digital landscape.”
Binary Fountain’s CX and reputation management platform currently tracks and analyzes consumer feedback across more than 900,000 healthcare providers and over 250 companies nationwide. Trusted by thousands of unique brands across North America, Binary Fountain aims to help businesses develop and grow by promoting and elevating their digital presence, reputation and visibility online within the healthcare, hospitality, financial services, retail, automotive and multifamily industries. Comprised of several advanced social media management, listings management, reputation management and employer brand management solutions, Binary Fountain is projected to close out 2019 with approximately $30 million in recurring revenue from repeat customers.
“As technology innovation trends towards ‘everything as a service,’ it’s no surprise that software companies dominate the winners list yet again this year,” said Mohana Dissanayake, partner, Deloitte & Touche LLP, and industry leader for technology, media and telecommunications, within Deloitte’s audit and assurance practice. “What’s exciting about celebrating 25 years of the Tech Fast 500 is we now have a quarter century of innovation stories to draw and reflect upon. These are the companies that push boundaries, help organizations become more efficient and productive and ultimately enable businesses to drive growth and revenue. We congratulate all the well-deserving winners.”
For more information on Deloitte’s 2019 “Technology Fast 500” program, or to view the full list of 2019 winners, visit http://www.fast500.com.
About Binary Fountain
Binary Fountain provides the leading customer experience and online reputation management platform for enterprises, healthcare organizations and small and medium-sized businesses. Anchored in its Natural Language Processing (NLP) technology, the cloud-based platform mines customer and employee feedback from surveys, online ratings and review sites, social media and other data sources to equip organizations with actionable insights needed to improve brand loyalty, increase engagement, attract new customers and drive sustainable bottom-line results. On a mission to help companies grow their business and create better customer experiences, Binary Fountain serves various industries including healthcare, hospitality, retail, automotive and financial services. For more information, visit http://www.binaryfountain.com or follow on Twitter @binaryfountain.
About Deloitte’s 2019 Technology Fast 500™
Now in its 25th year, Deloitte’s Technology Fast 500 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 2015 to 2018.
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 $US50,000, and current-year operating revenues of at least $US5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
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