PRZOOM - /newswire/ -
Stockholm, Sweden, 2012/10/04 - DigitalRoute, the Stockholm-based Independent Software Vendor, is positioned on Ahrens rapid growth ranking list for the third consecutive year - DigitalRoute.com.
Ahrens’ ranking list highlights rapid growth companies that contribute to the vitality of the Swedish business community. In order to qualify, companies must demonstrate a minimum growth of 25% over 6 years, a substantial turnover and profitability. The companies must also be profitable, have their base of the operations located in Sweden and they must be independent from individual customers or groups.
The potential growth capacity of the companies is not considered in the evaluation of the candidate companies. The list is based on historical information from 2005-2011 and the selection criteria are designed to eliminate subjective assessments.
It is the third consecutive year that DigitalRoute makes its way on to the list. This year DigitalRoute secured a top ten ranking among the listed 36 companies.
In 2011, DigitalRoute won several contracts with tier 1 communication services providers in North America, Europe and Asia while the installed base for its flagship product MediationZone continued to expand. This generated an annual revenue growth of more than 58% and tripled profitability. In total, there are today more than 250 MediationZone customers around the world.
The compound annual growth rate of the DigitalRoute revenue since 2003 exceeds 50%. Based on the combination of technology leadership and partnerships with leading product vendors and system integrators, DigitalRoute forecasts a continued strong business momentum over the next years.
“Our growth is tied to the increasingly strategic importance of our solutions,” said Jan Karlsson, Chief Executive Officer at DigitalRoute. “Service providers in the communications industry are facing a tidal wave of usage data. This can be either crippling or an opportunity depending on how it is addressed. Emerging machine-to-machine technologies and business automation are just some examples of the trends that makes this challenge universal to all industries.”
DigitalRoute® (digitalroute.com) delivers a new approach to managing data. Our platform, MediationZone, empowers organizations to liberate the value hidden in their usage information via a unique approach that supports multiple mission-critical aspects of their business. DigitalRoute customers benefit from fewer integration points, reduced costs and flexible data management. Over 250 leading companies from around the globe are today actively using DigitalRoute technology to help meet their data management needs. DigitalRoute is headquartered in Stockholm, Sweden with regional offices in Gothenburg, Atlanta, and Kuala Lumpur. DigitalRoute is a venture-backed, privately held company.
Erin Rohr, Metis Communications
E: erin.rohr[.]metiscomm.com - P: 617-236-0500
121 E. Berkeley | Boston, MA