Life Sciences' Need for AI-Ready Data and Unifying Platform Places L7 Informatics on the Deloitte Technology Fast 500™ List for 4th Year Running

Growth Attributed to Need for a Unifying Platform with Process Orchestration and Data Contextualization that Enables the Power of AI

AUSTIN, Nov. 21, 2024 /PRNewswire/ -- L7 Informatics today announced it ranked for the fourth time in a row on the Deloitte Technology Fast 500™, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America. Now in its 30th year, the ranking includes the fastest-growing companies in the following categories: media, telecommunications, life sciences, fintech, and energy tech.

L7 Informatics' chief executive officer, Vasu Rangadass, Ph.D., credits the increasing awareness for the need for a unifying platform like L7|ESP® that integrates data across various departments (R&D, clinical, manufacturing, etc.) while seamlessly providing process orchestration and data contextualization. Adding, "It's imperative that we break down these digital silos produced by legacy point solutions by adding a platform that unifies data into knowledge graphs, offers holistic control of the scientific workflow orchestration (including instrument integration), and applies data contextualization so these companies can now unlock the power of AI without human intervention."

"For 30 years, we've been celebrating companies that are actively driving innovation. The software industry continues to be a beacon of growth, and the fintech industry made a strong showing on this year's list, surpassing life sciences for the first time," said Steve Fineberg, vice chair, U.S. technology sector leader at Deloitte. "Significantly, we also saw a breakthrough in the performance of private companies, with the highest number of private companies named to the list in our program's history. This year's winners have shown they have the vision and expertise to continue to perform at a high level, and that deserves to be celebrated."

"Innovation, transformation, and disruption of the status quo are at the forefront for this year's Technology Fast 500 list, and there's no better way to celebrate 30 years of program history," said Christie Simons, partner, Deloitte & Touche LLP and industry leader for technology, media and telecommunications within Deloitte's Audit & Assurance practice. "This year's winning companies have demonstrated a continuous commitment to growth and remarkable consistency in driving forward progress. We extend our congratulations to all of this year's winners — it's an incredible time for innovation."

About the 2024 Deloitte Technology Fast 500

Now in its 30^th year, the Deloitte Technology Fast 500 provides a ranking of the fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies — both public and private — in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2020 to 2023.

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 US$50,000, and current-year operating revenues of at least US$5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.

About L7 Informatics, Inc.

L7 Informatics, Inc. is a leading provider of integrated scientific data and analytics solutions. The company offers a comprehensive platform that enables seamless data integration, advanced analytics, and collaborative workflows, empowering scientists and researchers to accelerate discoveries, improve operational efficiencies, and drive innovation. L7's mission is to revolutionize how scientific data is managed, analyzed, and utilized, facilitating breakthroughs in research, drug discovery, development, and manufacturing.

Please visit L7informatics.com to learn more.

About Deloitte
Deloitte provides industry-leading audit, consulting, tax and advisory services to many of the world's most admired brands, including nearly 90% of the Fortune 500® and more than 8,500 U.S.-based private companies. At Deloitte, we strive to live our purpose of making an impact that matters by creating trust and confidence in a more equitable society. We leverage our unique blend of business acumen, command of technology, and strategic technology alliances to advise our clients across industries as they build their future. Deloitte is proud to be part of the largest global professional services network serving our clients in the markets that are most important to them. Bringing more than 175 years of service, our network of member firms spans more than 150 countries and territories. Learn how Deloitte's approximately 460,000 people worldwide connect for impact at www.deloitte.com.

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SOURCE L7 Informatics