PHOENIX, Nov. 13, 2013 /PRNewswire/ -- Telesphere today announced it ranked No. 282 on Deloitte's Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Telesphere grew 315.8 percent during this period.
Telesphere's chief executive officer, Clark Peterson, credits innovation, solid infrastructure and exceptional customer service with the company's 315.8 percent revenue growth. He said, "We're extremely gratified to be recognized by Deloitte's 2013 Technology Fast 500. Our private IP MPLS network has grown to become one of the largest of its kind in the nation, offering our national enterprise customers a single provider able to handle all of their communications nationwide and unify all of their office communications with their landline and mobile devices. Telesphere's cloud-based services allow businesses of any size to enjoy all the latest voice, video, internet, mobility, and collaboration features of large enterprise systems without the costly investment of on-site equipment. As we accommodate rising levels of growth each year, one thing that never changes is our unwavering focus on creating an exceptional customer experience."
"The 2013 Deloitte Technology Fast 500 companies are exemplary cases of those spurring growth in a tough market through innovation," said Eric Openshaw, vice chairman, Deloitte LLP and U.S. technology, media and telecommunications leader. "This year's list is a who's who of companies behind the most exciting and innovative products and services in the technology space. We congratulate the Fast 500 companies and look forward to what they do next."
"The fastest growing companies in the US are drivers of constant innovation and operate with the agility to stay ahead of a quickly evolving marketplace, and software, biotech/pharma and internet companies continue to be at the forefront," added James Atwell, national managing partner of the Emerging Growth Company practice, Deloitte Services LP. "The companies excelling in these sectors have a startup mentality that allows them to be nimble and adapt quickly, which is why they consistently lead the list of fast-growing companies each year."
Overall, 2013 Technology Fast 500™ companies achieved revenue growth ranging from 137 percent to 208,897 percent from 2008 to 2012, with an average growth of 2,600 percent.
About Deloitte's 2013 Technology Fast 500™
Technology Fast 500, conducted by Deloitte LLP, provides a ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies – both public and private - in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2008 to 2012.
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.
Telesphere, based in Phoenix, Ariz., is a leading provider of hosted cloud communications nationwide. It offers carrier-grade performance and support for wireline and mobile convergence to businesses over its private IP MPLS network; one of the largest in the nation. Telesphere's cloud-based services allow businesses of any size to enjoy all the latest voice, video, data, mobility and collaboration features of large enterprise systems without the costly investment of on-site equipment.