Newgen Enterprise (formerly Exult) today announced that it ranked Number 378 on the Deloitte Technology Fast500 Asia Pacific 2016, a ranking of the 500 fastest growing technology companies in Asia Pacific. Rankings are based on percentage revenue growth over three years. Newgen Enterprise (formerly Exult) grew 136% percent during this period.
Saurabh Pangarkar and Sandeep Khomne, co-founders at Newgen Enterprise (formerly Exult) said “Winning Deloitte Technology Fast500 APAC award for the second consecutive year is of great honor. This achievement recognizes Newgen Enterprise (formerly Exult) focus on new technologies and building long term customer relationships. This award is a great motivation and appreciation to the work and dedication of our employees. We look forward to expanding our cutting edge learning and technology solutions in other markets that will enable our clients to attain their business objectives. ”
“Making the Deloitte Technology Fast 500™ is commendable in today’s highly competitive technology industry,” said Toshifumi Kusunoki, DTTL Leader, Deloitte Technology Fast 500™ Asia Pacific program. “We congratulate Newgen Enterprise (formerly Exult) on being one of the 500 fastest growing technology companies in the region.”
Newgen Enterprise (formerly Exult) previously ranked 327 on 2015 Deloitte Technology Fast 500TM.
Deloitte Technology Fast 500™ Asia Pacific selection and qualifications
The Technology Fast 500™ list is compiled from the Deloitte Asia Pacific Technology Fast 50 programs, nominations submitted directly to the Technology Fast 500™, and public company database research. To qualify for the Technology Fast 500™, entrants must have had base-year operating revenues of at least US$ 50,000. Entrants must also be public or private companies headquartered in Asia Pacific and must be a “technology company,” defined as a company that develops or owns proprietary technology that contributes to a significant portion of the company’s operating revenues; or manufactures a technology-related product; or devotes a high percentage of effort to the research and development of technology. Using other companies’ technology in a unique way does not qualify.
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