STOCKHOLM, September 20, 2013 /PRNewswire/ --
DigitalRoute, the Stockholm-based Independent Software Vendor, has been positioned on Ahrens Rapid Growth ranking list for the fourth consecutive year. Ahrens' list highlights rapid growth companies that contribute to the vitality of the Swedish business community. In order to qualify, companies must demonstrate a minimum growth of 25% over 6 years, a substantial turnover, and profitability. The companies must also have their base of the operations located in Sweden and they must be independent from individual customers or groups.
The potential growth capacity of the companies is not considered in the evaluation of the candidate companies. The list is based on historical information from 2006-2012 and the selection criteria are designed to eliminate subjective assessments.
It is the fourth consecutive year that DigitalRoute makes its way on to the list. This year DigitalRoute secured its ranking among 55 listed companies drawn from 21 different industries. These companies represent combined sales of 25 billion, a 4.5-fold increase on sales of the listed companies seven years ago.
Ahrens produces the growth list to highlight those companies in Sweden that are achieving lasting success, creating jobs and contributing to business innovation. The criteria for entry is high; "The goal is to draw attention to this group of exciting businesses while gaining a measure of how well things are going for Swedish companies," said Michael Engström, CEO, Ahrens & Partners.
In 2012, DigitalRoute won several contracts with communication services providers in North America, Europe and Asia while the installed base for its flagship product, MediationZone, continued to expand. In total, there are today more than 265 MediationZone customers around the world. DigitalRoute forecasts continued strong business momentum over the coming years.
"Our product plays an increasingly significant role in our customers' IT infrastructures," said Jan Karlsson, Chief Executive Officer at DigitalRoute. "As Big Data proliferates, a trend about which everyone is aware, the need to process, segment, and offload that data so it can be rendered both useful and easily intelligible has become a mission critical function. MediationZone offers an unrivalled solution sitting at the front end of the Big Data wave."
DigitalRoute® delivers a new approach to managing data. Our platform, MediationZone, empowers organizations to liberate the value hidden in their usage information via a unique approach that supports multiple mission-critical aspects of their business. DigitalRoute customers benefit from fewer integration points, reduced costs and flexible data management. Over 250 leading companies from around the globe are today actively using DigitalRoute technology to help meet their data management needs. DigitalRoute is headquartered in Stockholm, Sweden with regional offices in Gothenburg, Atlanta, and Kuala Lumpur. DigitalRoute is a venture-backed, privately held company.
Additional DigitalRoute information:
- Follow DigitalRoute on Facebook
- Follow DigitalRoute on Twitter
- Follow DigitalRoute on LinkedIn
- Join the conversation in our Mediation system professionals group on LinkedIn
For more information contact:
Digital Route AB
Keith Brody, Director of Global Marketing
SOURCE DigitalRoute AB