Stackla has been ranked #25 on the Deloitte Technology Fast 500 Asia Pacific 2015, a ranking of the 500 fastest-growing technology companies in Asia Pacific. Rankings are based on percentage revenue growth over three years. Stackla grew 1254% during this period.
Stackla CEO Damien Mahoney credits solid product-market fit and the company’s willingness to attack overseas markets for the company’s consistent revenue growth over the past three years. “We are solving a genuine problem for marketers—one that wasn’t being addressed by any other company in the APAC region,” he says. “That gave us a critical advantage: revenue. From day one we were generating revenue. It was a fundamental prerequisite for our survival, and helped shape the culture of Stackla.”
“Even before we launched, we knew our potential market was global. Pursuing that strategy, even though it was a big gamble, has delivered in spades for the company. Our global list of customers is something we are very proud of and continues to validate what we do. Today, well over half of our revenue comes from overseas markets.”
“Making the Deloitte Technology Fast 500 is commendable in today’s highly competitive technology industry,” says Ichiro Nakayama, DTTL Leader, Deloitte Technology Fast 500 Asia Pacific program. “We congratulate Stackla on being one of the 500 fastest-growing technology companies in the region.”
Overall, companies that ranked on the Deloitte Technology Fast 500 Asia Pacific 2015 program had an average growth rate of 415 percent.
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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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