TEOCO Recognized on Deloitte's 2012 Technology Fast 500
Fairfax, Va., 15 November 2012 – TEOCO today announced its inclusion 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. TEOCO, the leading provider of Assurance and Analytics solutions to communications service providers worldwide, was ranked 391st, and grew 192 percent during this period.
“We’re very excited to be recognized by Deloitte’s Technology Fast 500 for a third consecutive year,” said TEOCO’s CEO and founder Atul Jain. “It affirms our strategy of using organic growth and acquisitions to relentlessly develop new ways to provide value to our customers. “
One example of a recent TEOCO acquisition was that of Schema Ltd., a leading provider of multi-vendor Radio Access Network (RAN) optimization and analytics solutions. Schema brought with it cutting edge software in the critical Wireless Spectrum market and furthers TEOCO’s reach in Latin America and Asia. Additionally, Schema’s fine-grained accuracy in geo-locating subscribers has provided a synergistic boost to TEOCO’s Customer Analytics solutions.
"We are proud to honor the 2012 Technology Fast 500™ companies, and commend them for their outstanding growth," said Eric Openshaw, vice chairman, Deloitte LLP and U.S. technology, media and telecommunications (TMT) leader. "These ground-breaking companies have outpaced their competition and are reinventing the way we do business today."
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.
TEOCO is the leading provider of Assurance and Analytics solutions to Communication Service Providers worldwide. TEOCO’s product portfolio includes:
- Margin Assurance – Manage costs and revenues to understand the profitability of every transaction.
- Service Assurance – Resolve faults, maximize performance & utilization, and improve customer experience.
- Network Optimization – Optimize radio access networks to reduce costs while improving coverage, capacity, and quality of the network.
- Customer Analytics –Combine profitability, quality of experience, and behavioral data to better understand, target and engage the subscriber base.
Since 1995, TEOCO has helped over 100 of the largest service providers around the world to manage and evolve their businesses efficiently and profitably, while enhancing the customer experience. TEOCO is widely recognized for its commitment to principled entrepreneurship, business ethics and employee ownership with a particular emphasis on its core values of alignment with employees, clients and community.
For more information, visit www.teoco.com .
Brian Cafferty Jr.