Kyribaâs Managing Director of North America, Kal Bittianda, credits Kyribaâs commitment to investing in its executive management team and a deep understanding of its clientâs needs for the companyâs strong revenue growth. Mr. Bittianda said, "Kyribaâs success continues to build as we capitalize on our market-leading position and expand our consulting and services offerings.â
âKyriba, like all 2011 Technology Fast 500â¢ companies, has excelled in fostering innovation and channeling it into spectacular growth -- against the backdrop of one of the most challenging economies in history,â said Eric Openshaw, vice chairman and U.S. technology, media and telecommunications leader, Deloitte LLP. "Deloitte recognizes Kyriba for its remarkable accomplishment.â
âWe are pleased to honor Kyriba as a 2011 Technology Fast 500 company,â said Mark Jensen, managing partner, technology and venture capital services, Deloitte & Touche LLP. âAs one of the fastest growing tech companies in North America, Kyriba has demonstrated excellence in technological innovation, entrepreneurship and rapid growth.â
The Deloitte Technology Fast 500â¢ is the pre-eminent technology awards program in North America. Combining technological innovation, entrepreneurship and rapid growth, Fast 500 companies â large, small, public, and private â span a variety of industry sectors, and are leaders in hardware, software, telecom, semiconductors, life sciences and emerging areas, such as clean technology. These companies are on the cutting edge and are transforming the way we do business today. The winners for 2011, the Fast 500âs seventeenth anniversary, were determined based on percentage fiscal year revenue growth for the five year period from 2006 to 2010, during which period Kyriba recognized a 557 percent increase in revenue. The ranking includes both public and private companies.
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 â 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. 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 or CD, and current-year operating revenues of at least $5 million USD or CD. Additionally, companies must be in business for a minimum of five years, and be headquartered within North America.