NEW YORK, Nov. 18, 2020 /PRNewswire/ -- Dataminr today announced it ranked 176 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. The list recognizes Dataminr's 674% revenue growth for a three-year period spanning fiscal years 2016 to 2019.
"It's an honor for Dataminr to be recognized in the Deloitte Fast 500 List for the third time," said Ted Bailey, Dataminr Founder and CEO. "In 2020, Dataminr has been more mission critical than ever for the world's corporate enterprises and public sector organizations as they navigate through these unprecedented times. Thousands of clients in over 70 countries across dozens of corporate industries rely on Dataminr's real-time information discovery platform for the earliest warnings on high impact-events and critical information."
Dataminr's industry leading AI platform detects events from within 75,000+ public data sources, ranging from global and regional social media platforms to blogs, web forums, local media, IoT sensors, audio transmissions, and the deep/dark web. The company was first to detect the outbreak of COVID-19 from within eyewitness public social media posts in China on Dec 30, 2019, providing its customers with the earliest warning in advance of the U.S. government's announcement 7 days later.
"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."
Dataminr previously ranked 109th as a Technology Fast 500™ award winner for 2019.
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.
About Dataminr
Dataminr is the new front line of real-time information for customers in the public and private sector, delivering the earliest warning on high impact events and critical information long ahead of other available sources. Recognized as one of the world's leading AI businesses, Dataminr enables faster response, more effective risk mitigation strategies, and stronger crisis management for public and private sector organizations spanning global corporations, first responders, NGOs, and newsrooms. Dataminr is one of New York's top private technology companies, with nearly 650 employees across seven global offices.
About Deloitte
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee ("DTTL"), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as "Deloitte Global") does not provide services to clients. In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the "Deloitte" name in the United States and their respective affiliates. Certain services may not be available to attest clients under the rules and regulations of public accounting. Please see www.deloitte.com/about to learn more about our global network of member firms.
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SOURCE Dataminr
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