SevOne Ranked as the Second Fastest Growing Company on Deloitte's 2011 Fast 50
Wilmington, DE – October 19, 2011 – SevOne, the new leader in network performance management, today announced it ranked second on Deloitte’s 2011 Greater Philadelphia Fast 50 ranking of the 50 fastest growing technology, media, telecommunications, life sciences and clean technology companies in the Greater Philadelphia region. The company also ranked number 30 in Deloitte’s Technology Fast 500 for North America. SevOne grew 5,075 percent during this period.
“SevOne, like all 2011 Greater Philadelphia Fast 50 companies, have excelled in fostering innovation and channeling it into spectacular growth – against the backdrop of one of the most challenging economies in history,” said Tara L. Weiner, managing partner, Greater Philadelphia region, Deloitte LLP. "Deloitte recognizes SevOne for its remarkable accomplishment.”
“We are pleased to honor SevOne as a 2011 Technology Fast 500 company,” said Mark Jensen, managing partner, technology and venture capital services, Deloitte & Touche LLP. “As one of the fastest growing tech companies in North America, SevOne has demonstrated excellence in technological innovation, entrepreneurship and rapid growth.”
SevOne has established itself as a proven leader in the network performance management market, providing its customers with a platform that provides complete and immediate visibility to keep increasingly complex networks, servers and applications functioning at peak performance levels.
“SevOne is honored to be named by Deloitte in not only the Fast 50 list for Philadelphia but the Fast 500 for North America. Our inclusion on both lists is a testament to our exceptional focus and execution on our strategy,” stated Mike Phelan, president and CEO of SevOne. “Our growth and leadership position can be credited to our visionary leadership, emphasis on product excellence and innovation, dedication to customers and partners, and our expanding global reach.”
About Deloitte’s 2011 Greater Philadelphia Fast 50
The 2011 Greater Philadelphia Fast 50, which was conducted by Deloitte & Touche LLP, a subsidiary of Deloitte LLP, provides a ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies – both public and private - in the Greater Philadelphia region. 2011 Greater Philadelphia Fast 50 award winners are selected based on percentage fiscal year revenue growth from 2006 to 2010.
About Deloitte’s 2011 Technology Fast 500™
Technology Fast 500, which was conducted by Deloitte & Touche LLP, a subsidiary of Deloitte LLP, provides a ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies – both public and private - in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2006 to 2010.
SevOne provides the world's fastest, most scalable performance monitoring platform to the world’s most connected companies. An all-in-one solution, SevOne detects and alerts on network and data center performance events before they impact your business. SevOne developed a next-generation technology called the SevOne Cluster™ that incorporates the cutting edge principles behind distributed computing to address any scalability concerns. SevOne monitors millions of objects across multiple technologies from a single pane of glass. Customers including the top cable companies, wireless network and managed service providers, and top financial services institutions rely on SevOne to monitor the performance of their critical infrastructure.