STOCKHOLM, May 19, 2011 /PRNewswire/ -- DigitalRoute, an independent software vendor, is positioned on Ahrens rapid growth ranking list for the second consecutive year.
Ahrens' ranking 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 2004-2010 and the selection criteria are designed to eliminate subjective assessments.
It is the second consecutive year that DigitalRoute is ranked on the list. The achievement is accentuated by the fact that only 41 companies across the whole of Sweden fulfilled the strict qualification requirements in 2011 compared to 68 in 2010 and 90 companies in 2009.
In 2010, the number of communication service providers using MediationZone(R) from DigitalRoute increased by 50. This generated an annual revenue growth of more than 30% as well as a substantial increase in profitability. In total, there are today more than 220 MediationZone customers around the world.
The compound annual growth rate of the DigitalRoute revenue since 2002 exceeds 50%. Based on the combination of technology leadership and partnerships with leading product vendors and system integrators, DigitalRoute forecasts a continued strong business momentum over the next years.
Mobile operators are facing the challenge of handling rapidly increasing data volumes while maintaining profitability. MediationZone from DigitalRoute plays an important role in reducing the service providers' cost for data integration. DigitalRoute has also found new areas of usage for their technology within customers' operations; enabling further growth.
"DigitalRoute made a flying start in 2011 and have already signed several deals with leading operators in North America, Europe and Asia. We also see a strong opportunity to grow in other industries as handling of large data volume is not unique for the telecoms industry", said Jan Karlsson, CEO at DigitalRoute.
DigitalRoute(R) is a Swedish independent software vendor delivering market leading mediation and integration solutions to the global telecommunications and data communications industry. DigitalRoute simplifies service providers' data infrastructure, centralizing integration of IT- and communication networks. DigitalRoute technology for mediation-, data integration and policy control is deployed at 220 customers worldwide. For more information, please visit http://www.digitalroute.com
For more information, please contact: Digital Route AB: Joakim Sahlgren Marketing Manager Skeppsbron 34, 111 30 Stockholm, Sweden Phone: +46(0)10-7079-000 Email: email@example.com