Zadara Storage, a global provider of hybrid cloud storage solutions, has been presented with the Deloitte Technology Fast 500 award for its rapid revenue growth, entrepreneurial spirit and bold innovations.
As a company offering enterprise storage as a complete service, Zadara would transform storage-related costs from a variable mix of equipment and management expenses to a predictable, on-demand, pay-per-use, elastic service. This would help simplify planning, streamline budgeting and improve ROI.
This marks the third consecutive year Zadara has made Deloitte’s Technology Fast 500 list. The Technology Fast 500 is an annual ranking of the 500 fastest-growing technology, media, telecommunications, life sciences and energy tech companies in North America. The list is based on a percentage of revenue growth from 2015 to 2018. During this time period Zadara has experienced a growth rate of 298%.
Unique Storage Technology
“Zadara prides itself on breaking the cycle of the old way of thinking,” said Nelson Nahum, co-founder and CEO of Zadara. “Our unique technology has been purpose-built to deliver enterprise storage as a fully managed service. No other company is approaching the enterprise storage industry in quite the same way. It’s very rewarding to see our efforts being recognized, and we couldn’t be happier to be named one of the fastest-growing companies in North America for the third straight year.”
Now in its 25th year, Deloitte’s Technology Fast 500 recognizes the effort and dedication of the fastest-growing technology companies – both public and private – in North America. To qualify for the Deloitte Technology Fast 500 ranking, companies must have been in business for at least four years, have revenues of at least $5 million, be headquartered in North America, and own proprietary technology that must be sold to customers in products or services that contribute to a majority of the company’s operating revenues.