Deloitte’s Technology Fast 500 announced

Posted by on Oct 23, 2009 in Automotive

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Deloitte just announced its annual Technology Fast 500, a ranking of the fastest-growing technology, media, telecommunications, life sciences and clean technology companies in North America. Results are based on five-year revenue growth.

ReachLocal Inc. a global local online marketing firm, earned first place on the list – the only Internet company to top the list since 2004. The company also made Inc. magazine’s 500 list of Fastest Growing Private Companies in America, with an amazing five-year growth of 146,050 percent.

“Our growth story is a testament to the power of secular shift from offline media to online. With our products and our face-to-face consulting IMCs, we have helped tens of thousands of these businesses understand the changing advertising climate and make the transition,” said Zorik Gordon, ReachLocal’s CEO, in a ReachLocal announcement.

Seattle-based Cobalt, owner of Dealix and UsedCars.com,  also made the Technology Fast 500 list – for the ninth time. Cobalt’s growth was tracked at 216 percent during this period.

 “Cobalt is honored again to be a member of this prestigious list,” Cobalt chair and CEO, John Holt, said, in its company’s announcement. “This achievement is the result of our continued company-wide dedication to bringing high-ROI, measurable, digital media marketing solutions to the automotive industry. We are committed to providing our clients – automotive dealers – with best-in-class service and innovative online technology solutions to help their businesses grow and succeed in any market.” Cobalt provides automotive digital marketing with over 10,000 automotive retail Web sites and thousands of auto dealers using Cobalt’s paid search, display advertising and email marketing solutions.

SnagAJob.com was ranked 165, with five-year growth of 814 percent; Dealer.com came in number 214 with 629 percent growth; Beyond.com grew 306 percent to earn ranking of 390.

Communications firms in the top ten of the Technology Fast 500 were Infinera Corp, Hughes Communications, and Force10 Networks. Deloitte’s Media category top 10, in order of rank were BBE, ContextWeb, M2 Media Group, The Orchard Enterprises, Synacor, Centro, Limelight Networks, InnerWorkings, TV Ears. and Activision Blizzard.

Here’s a PDF of the complete list.

Written by Sharon Hill

Sharon Hill has been a senior writer / analyst with the AIM Group since 2004, except for a two-year time-out to serve as sales and marketing manager for Suburban Newspapers of America. She worked at newspapers in California, the Carolinas and Indiana as a classified advertising sales supervisor and manager, and in newspaper circulation in Alaska. At the SNA, she was responsible for bringing in new members; lining up exhibitors, and helping develop programs for the classified conference and the classified alliance. She is also co-author of “Implementing and Managing Telework: A Guide for those who make it Happen” (Praeger Press) and a prolific blogger and social media user. She is based in Phoenix.

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