Onit is excited to announce that we ranked #249 on Deloitte’s 2019 North America Technology Fast 500, an annual ranking of the fastest-growing North American companies in the technology, media, telecommunications, life sciences, and energy tech sectors. Onit attained this high ranking by achieving an astonishing 441% growth over the past three years.
“The Deloitte Technology Fast 500 is a list that every company like Onit strives to be on,” says Eric M. Elfman, CEO of Onit. “This achievement is a major source of pride for me, and is indicative of all the hard work of our team members over the past several years. This is a significant milestone for Onit and validates our strategy to be highly focused on our customers, partners and products.”
Winners are selected based on percentage fiscal-year revenue growth over a three-year period. 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 $50,000 USD, and current-year operating revenues of at least $5 million USD. Additionally, companies must be in business for a minimum of four years, and be headquartered within North America.
Over the past quarter century, the Fast 500 program has honored nearly 6,000 companies across North America. Overall, the 2019 Technology Fast 500 companies achieved revenue growth ranging from 166% to 37,458% over the three-year time frame, with a median growth rate of 439%.