Virtualization Technology News and Information
Surgient Ranked Number 16 in Deloitte's Technology Fast 50 Program for Texas
Surgient, the leading provider of self-service virtualization automation and lab management, has been named to Deloitte's prestigious Technology Fast 50 Program for Texas, a ranking of the 50 fastest growing technology, media, telecommunications and life sciences companies in the area by Deloitte LLP, one of the nations leading professional services organizations. Rankings are based on the percentage revenue growth over five years from 20032007.

The virtualization market has grown tremendously in the past four years, and we, as a company, have addressed the markets need with a robust solution, said Tim Lucas, president and CEO, Surgient. With a comprehensive self-service virtualization platform that powers cost saving applications for our growing and diverse list of enterprise customers and partners, we look forward to our continued momentum in the years to come.

Deloittes Texas Technology Fast 50 companies have shown the strength, vision and tenacity to succeed in todays very competitive technology environment, said Skip Moore, managing partner of Technology, Media and Telecommunications, Deloitte & Touche LLP. We applaud the successes of Surgient and acknowledge it as one of the very few to accomplish such a fast growth rate over the past five years.

Surgient's increase in revenues of 1,138 percent from 2003 to 2007, represented the 16th fastest growing company in the Technology Fast 50 for Texas.

To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 2003 and $5,000,000 in 2007, be headquartered in North America, and be a company that owns proprietary technology or proprietary intellectual property that contributes to a significant portion of the company's operating revenues; or devotes a significant proportion of revenues to the research and development of technology. Using other companies' technology or intellectual property in a unique way does not qualify.

Deloittes Technology Fast 50 program for Texas is co-presented by business sponsors who are key to the success of this program. Texas Fast 50 sponsors help produce the overall program, plan the Executive Retreat, present Fast 50 Awards to company officials, conduct CEO business surveys and present business information and strategy sessions through a series of C-level roundtable seminars. The 2008 Deloitte Texas Fast 50 sponsors are Americas 401k, CresaPartners, Gardere Wynne Sewell LLP, NASDAQ OMX, Porsche and TriNet.

Companies from the regional Technology Fast 50 programs in the United States and Canada are automatically entered in Deloittes Technology Fast 500 program, which ranks North Americas top 500 fastest growing technology, media, telecommunications and life sciences companies. For more information on Deloittes Technology Fast 50 or Technology Fast 500 programs, visit

Published Tuesday, November 04, 2008 5:51 PM by David Marshall
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