The Deloitte Technology Fast 500 has made its 18th annual appearance, revealing that 2011 is a great year for many companies but not for the overall tracking of these statistics. The average growth of these 500 soaring companies is 1,736 percent, compared to the report’s highest year, 2002, in which the average growth reached 6,772 percent.
That’s not to detract anything from the companies on the list however. Extracting just the entertainment and media companies on the list, Collective is at no. 16 with a staggering growth of 12,966 percent. Founded in 2005, Collective helps brand advertisers connect and engage with target audiences across display, video and social media by leveraging proprietary audience modeling, insights and ad effectiveness metrics.
The next two in that category are professional development and networking service LinkedIn, at no. 49 with growth of 2,372 percent, and social entertainment destination IMVU Inc. at no. 87 with 1,158 percent.
Fast 500 provides a ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies – both public and private – in North America (U.S. and Canada). Technology Fast 500 award winners for 2011 are selected based on percentage fiscal year revenue growth during the period from 2006 to 2010, and 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.
Download the entire Deloitte Fast 500 by clicking here [PDF]
Download the Deloitte Fast 500 ranking by clicking here [PDF]
Photo by flickr user angermann/Thomas Angerman, used under Creative Commons license