Servigistics Recognized by Deloitte as a 2011 Technology Fast 500 Company

ATLANTA, Oct. 24, 2011 /PRNewswire/ -- Servigistics, the world's leading enterprise software solution provider for Service Lifecycle Management (SLM), announced today that it has been recognized by Deloitte as a 2011 Technology Fast 500 Company.

The Technology Fast 500 is Deloitte's ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2006 to 2010. During this time period, Servigistics grew revenue 139%.

"Servigistics continues to grow and expand globally as more and more companies recognize that investing in a complete Service Lifecycle Management suite of solutions can drive significant cost efficiencies and have a strong impact on the bottom line," says Eric Hinkle, chief executive officer, Servigistics. "It is an honor to be recognized by Deloitte in the Technology Fast 500 for our innovation and growth."

Servigistics comprehensive Service Lifecycle Management solutions suite addresses all the key post-sale service areas including service parts planning and pricing, field service management, service logistics, warranty management, service knowledge, remote service and content management. The company has a global client base that includes some of the world's most recognizable brands from across high tech, motor vehicles, aerospace and defense, and consumer and industrial equipment.

"Servigistics, like all 2011 Technology Fast 500™ companies, have excelled in fostering innovation and channeling it into spectacular growth -- against the backdrop of one of the most challenging economies in history," said Eric Openshaw, vice chairman and U.S. technology, media and telecommunications leader, Deloitte LLP. "Deloitte recognizes Servigistics for its remarkable accomplishment."

About Deloitte's 2011 Technology Fast 500™

Technology Fast 500, which was conducted by Deloitte & Touche LLP, a subsidiary of 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 2006 to 2010.

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.

About Servigistics

Servigistics is the world's leading enterprise software solution provider for Service Lifecycle Management (SLM). The company's award-winning SLM solutions suite enables market-leading companies across diverse industries to successfully execute a service-led growth strategy that delivers value across the entire global service supply chain. Servigistics' Oracle Fusion and SAP Netweaver-certified solutions address all the key post-sale service areas including service parts planning and pricing, field service management, service logistics, warranty management, service knowledge, remote service and content management.  Servigistics is a privately-held company headquartered in Atlanta, with regional headquarters in the UK, France, Japan, India and Taiwan and sales and service professionals around the world.  Please contact Servigistics at 1.888.942.8623 or +1.770.565.2340, via e-mail at [email protected], or via the Web at http://www.servigistics.com. Follow Servigistics on Twitter, Facebook and LinkedIn.

SOURCE Servigistics