Deloitte Technology Fast 500 Highlights AtTask for Second Straight Year

By Casey Houser November 19, 2014

Professional services firm Deloitte releases its Technology Fast 500 study every year to showcase the fastest growing companies that operate in the markets of technology, media, communications, life sciences, and clean technology. Companies that have existed for at least five years in North America and have an operating budget of at least $50,000 USD or CD are eligible for inclusion in the study.

This week, AtTask, a provider of cloud-based enterprise work management software, announced that it has made the list for the second year in a row. AtTask cited its rapid growth of subscriptions -- 66 percent year-over-year from Q2 2013 to Q2 2014 -- as the reason for the honor. The enterprise work management firm said it ended the second quarter this year with 108 clients that paid over $100,000 in recurring revenue and that it secured its first-ever seven-figure transaction.

Eric Morgan, CEO of AtTask, commented on his company's growth and on the Deloitte study.

“AtTask has experienced amazing growth over the past five years,” Morgan said. “Not only have we been recognized on a local level, but we are among top-tier companies on a national level by focusing on helping our customers solve the day-to-day challenges of an ever-increasingly complex work load.”

Eric Openshaw, vice chairman of Deloitte LLP, also said the companies that make the Technology Fast 500 list are among the leaders in their markets. Even though they are the companies which are growing the fastest, they are not necessarily the largest or most established entities out there. However, they tend to be the ones driving innovation because they have substantial revenue and enough years in their markets to know how to navigate any pitfalls. Openshaw said the products released from such fast-growing companies are “exciting” and that there are many “smart thought leaders” driving growth of their individual businesses and the markets as a whole.

AtTask, for its part, says the rapid growth in recent years points to demand for enterprise work management products. Morgan hinted that the software AtTask produces attempts to contain the chaos that businesses face every day by combining project management, workflow, and social collaboration into the realm of a single piece of software.




Edited by Stefania Viscusi

Contributing Writer

SHARE THIS ARTICLE
Related Articles

10 Benefits of Drone-Based Asset Inspections

By: Frank Segarra    1/15/2018

Although a new and emerging technology, (which is still evolving), in early 2018, most companies are not aware of the possible benefits they can achie…

Read More

VR Could Change Entertainment Forever

By: Special Guest    1/11/2018

VR could change everything from how we play video games to how we interact with our friends and family. VR has the power to change how we consume all …

Read More

Making Connections - The Value of Data Correlation

By: Special Guest    1/5/2018

The app economy is upon us, and businesses of all stripes are moving to address it. In this age of digital transformation, businesses rely on applicat…

Read More

3 Ways to Improve Your VR Projects

By: Ellie Martin    1/4/2018

There is no denying that VR is here and will most likely only increase in velocity as a terminal speed is yet to be even hypothesized. That is why it …

Read More

Alphabet to See Schmidt Step Down

By: Maurice Nagle    12/21/2017

In 2001, Google brought Eric Schmidt on board as CEO. To 10 years later become executive chairman, and continue to serve in this capacity through rest…

Read More