BroadSpire Named One of Los Angeles Area's Fastest Growing Technology Companies in Deloitte & Touche's 'Fast 50' Program
September 09, 2003 10:01 AM US Eastern Timezone
BroadSpire Named One of Los Angeles Area's Fastest Growing Technology Companies in Deloitte & Touche's 'Fast 50' Program LOS ANGELES--(BUSINESS WIRE)--Sept. 9, 2003--BroadSpire (www.broadspire.com), a leading managed IT services provider, today announced that it has been named to Deloitte & Touche's prestigious "2003 Los Angeles Technology Fast 50" program, a ranking of the 50 fastest growing technology companies in the area by Deloitte & Touche LLP, one of the nation's leading professional services firms. Technology Fast 50 rankings are based on the percentage of growth in fiscal year revenues over five years, from 1998-2002.
Suresh Srinivasan, BroadSpire president and co-founder, credits the company's outstanding growth over the past five years to a combination of quality customer service and proven technology for businesses of virtually any size, from small business to the enterprise. BroadSpire provides business-critical managed IT services with a focus on outsourced IT services, data center outsourcing, web hosting, and IT and network operations that enable organizations to improve their overall efficiency; lower costs; improve communications with customers and partners; comply with corporate, industry and government regulations; and secure their critical business processes online.
"We're honored to be recognized by Deloitte & Touche and included in the Fast 50 program," Srinivasan said. "BroadSpire is a fast growing company not just because we can market and sell to more and more people, but because of our commitment to exceptional customer service. That commitment is clear when we see our existing customers continuing to reward us with additional business, and continuing to refer new business our way. We've earned a 99 percent satisfaction rating from our customers, against a less than 1.5 percent churn. This award is an important demonstration of the devotion we have to customers, and in turn, of their commitment to us."
"In an era where technology companies come and go, making the Deloitte & Touche Technology Fast 50 is a testament to a company's vision and strength," said Gary Dickey, partner, Technology & Communications Group, Deloitte & Touche. "BroadSpire has shown exceptional growth over a five-year period, and we're excited to honor the company's accomplishments."
In addition BroadSpire's ranking on Deloitte & Touche's Technology Fast 50, the company has also been profiled in a special report distributed by the Los Angeles Business Journal. Winners of the 20 regional Technology Fast 50 programs in the United States and Canada are automatically entered in the Deloitte & Touche Technology Fast 500 program, which ranks North America's top 500 fastest growing technology companies. For more information on the Deloitte & Touche Fast 50 or Fast 500 programs, visit www.fast500.com.
To qualify for the Technology Fast 50, it is necessary to be a "technology company," defined as owning proprietary technology that contributes to a significant portion of the company's operating revenues; and/or devoting a significant proportion of revenues to research and development of technology.
About Deloitte & Touche
Deloitte & Touche, one of the nation's leading professional services firms, provides assurance and advisory, tax, and management consulting services through nearly 30,000 people in more than 80 U.S. cities. The firm is dedicated to helping its clients and its people excel. Known as an employer of choice for innovative human resources programs, Deloitte & Touche has been recognized as one of the "100 Best Companies to Work for in America" by Fortune magazine for three consecutive years. Deloitte & Touche is part of Deloitte Touche Tohmatsu, one of the world's leading professional services firms, with more than 90,000 people in over 130 countries.
For more information on Deloitte & Touche, visit www.us.deloitte.com. For more information on the Deloitte & Touche Technology Fast 500 or Technology Fast 50 programs, visit www.fast500.com.
About BroadSpire
Founded in 1996, BroadSpire (www.broadspire.com) is a leading managed IT services provider, headquartered in Los Angeles, Calif. In delivering outsourced IT, data center outsourcing and fully managed Web hosting services, BroadSpire maintains a strict focus on customer service that has enabled the company to become a best-of-breed provider both in its service offerings and in its customer care. With discrete lines of business for enterprise and small/mid-size businesses, the company serves as a seamless extension of its customers' information technology infrastructure. BroadSpire has earned the trust of more than 2,000 companies worldwide, including BP Amoco, NBC, Yale University, Paramount Pictures, and Sheraton Hotels & Resorts. BroadSpire is a member of the Deloitte & Touche 2003 Los Angeles Technology Fast 50, showcasing the region's fastest growing technology companies.
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