ALEXANDRIA, Va., Nov. 19, 2020 /PRNewswire/ -- Research Innovations, Inc., a technology solutions company with expertise in big data analytics, artificial intelligence, advanced cyber capabilities, and Joint All-Domain Command and Control, today announced it ranked 446th on Deloitte's Technology Fast 500™, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences and energy tech companies in North America now in its 26th year. RII grew 209% during this period, securing its spot on the Technology Fast 500™ for the third consecutive year.
RII's CEO Jack Harrington credits their dogged focus on meeting customer needs with the company's 209% revenue growth. He said, "It's our intense focus on customer needs and our commitment to achieving mission success that's driven our sustained growth." Founder and CTO Rich Briggs added, "We're enabled by tremendously capable and flexible technology such as our RapidAdapt™ platform that allows us to quickly produce effective solutions for our customers. Our specialized operational experts and technologists join forces to create innovative solutions for real-world operations."
"For more than 25 years, we've been honoring companies that define the cutting edge and this year's Technology Fast 500 list is proof positive that technology — from software and digital media platforms, to biotech — truly does permeate so many facets of our lives," said Paul Silverglate, vice chairman, Deloitte LLP and U.S. technology sector leader. "We congratulate this year's winners, especially during a time when innovation is needed more than ever to address the monumental challenges posed by the pandemic."
"Each year the Technology Fast 500 listing validates how important technology innovation is to our daily lives. It was interesting to see this year that while software companies continued to dominate, biotech companies rose to the top of the winners list for the first time, demonstrating that new categories of innovation are accelerating in the pursuit of making life easier, safer and more productive," said Mohana Dissanayake, partner, Deloitte & Touche LLP, and industry leader for technology, media and telecommunications, within Deloitte's audit and assurance practice. "We extend sincere congratulations to these well-deserved winners — who all embody a spirit of curiosity, and a never-ending commitment to making technology advancements possible."
About Deloitte's 2020 Technology Fast 500™
Now in its 26th year, Deloitte's Technology Fast 500 provides a ranking of the fastest-growing technology, media, telecommunications, life sciences 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 2016 to 2019.
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 $US50,000, and current-year operating revenues of at least $US5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
With offices nationwide, as well as staff embedded with key customers globally, RII supports critical defense, intelligence, cyber, and law enforcement customers across the U.S. Government and with select international customers. RII rapidly delivers transformative technology to customers and end-users to achieve its core purpose of "Creating RIIdiculously Awesome® solutions that make the world safer." Visit www.researchinnovations.com for more information.
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SOURCE Research Innovations, Inc.