JERSEY CITY, N.J., Dec. 12, 2017 /PRNewswire/ -- CENX, a global leader in next generation service assurance software, was named one of the fastest growing technology companies in the Deloitte 2017 North America Technology Fast 500 list. Deloitte's Fast 500 has annually ranked the fastest growing public and private North American companies in the technology, media and telecommunications sectors for more than 20 years. The Fast 500 examines companies on their relative growth in revenue over a three-year period, seeking to reward companies that have demonstrated cutting edge business strategies, vision, and solid management.
"CENX is thrilled to be recognized by the Deloitte Fast 500 as one of the fastest growing technology companies in North America," said Edward Kennedy, Chief Executive Officer at CENX. "We help our customers by automating and optimizing complex, hybrid communications networks, allowing service providers to launch new services faster, reduce operating costs and guarantee quality of service. With the onset of 5G, IoT, machine learning & artificial intelligence, CENX is well positioned for explosive growth as we push the technological boundaries of our software and be the leader in creating networks of the future."
The honor is due in large part to CENX's namesake product, which fundamentally changes the way service providers view their networks. CENX lets service providers see the entire network end-to-end, in real-time, on one single pane — including service topology, inventory, fault, and performance data from disparate systems. It ingests, audits, and contextualizes all of a network's big data to provide a comprehensive, abstracted view of what's most important about a company's service and network operations. CENX 7, the latest version of the software, breaks down the barriers between virtual and hybrid network infrastructure and delivers guaranteed service quality through the enablement of closed-loop assurance automation.
"The Deloitte 2017 North America Technology Fast 500 winners underscore the impact of technological innovation and world class customer service in driving growth, in a fiercely competitive environment. These companies are on the cutting edge and are transforming the way we do business," said Sandra Shirai, Vice Chairman, Deloitte LLP and US technology, media, and telecommunications leader. "We extend our sincere congratulations to all the winners for achieving remarkable growth while delivering new services and experiences for their customers."
This recognition is the latest mark of the successful trajectory that CENX has experienced over the last several years. In February, CENX announced the addition of Tier 1 customer, Verizon, which selected CENX to provide the tools to deliver a unified view of the state of physical and virtual components across multiple systems and data centers. CENX was recently awarded the "Third Network Technology Solutions – Service Assurance" award at the MEF 2017 Awards and named among the "50 Fastest Growing Tech Companies 2017" by The Silicon Review. The company was also recognized as an "Outstanding Digital Enablement Vendor" by Light Reading's Leading Lights Award program earlier this year.
CENX fundamentally changes the way service providers view their networks. A leading provider of network and service operations software solutions, CENX ingests all of an operator's network data, across multiple domains and physical and virtual infrastructure. Harnessing the power of big data analytics, CENX visualizes network and service topology, inventory, fault, and performance in a single pane, in real time. CENX enables the world's largest and most innovative service providers to scale their operations as the network scales. www.cenx.com