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Tangoe, Inc. Receives Top Technology Honors in Leading Regional Awards Programs

Posted on: October 26, 2009
Release date: 10/26/2009
Company Recognized in Deloitte Technology Fast 500 and Connecticut Technology Council’s2009 UHY LLP Tech Top 40 Awards for Consistent Revenue GrowthORANGE, Conn., October 26, 2009 – Tangoe, Inc., the leading global provider of enterprise communications lifecycle management software and technology-enabled services, today announced the company has been recognized by both the Deloitte Technology Fast 500™ and Connecticut Technology Council’s (CTC) 2009 UHY LLP Tech Top 40 programs. The Deloitte Fast 500 and CTC Tech Top 40 Awards rank the fastest growing software, IT, new media, energy/telecom/green technology, and life sciences companies based on percentage revenue growth in the United States and Canada, and Connecticut, respectively.“To be recognized by both Deloitte’s Fast 500 and the CTC’s Tech Top 40 for revenue growth is reflective of the consistent customer focused, results-driven culture we have as a company,” said Al Subbloie, president, CEO, and founder of Tangoe. “Both awards underscore Tangoe’s ability to successfully adapt to the evolving global TEM and mobile device management markets as well as our ability to provide technology and services that allow enterprises to manage and control their ever-expanding telecom expenses. It is an honor and distinction to be recognized as a leader in both the Deloitte and the CTC programs.”

Tangoe placed number 337 on the Deloitte Technology Fast 500 list and grew its revenue by 364% from 2004 to 2008. To qualify for the Technology Fast 500 award, companies must have had operating revenues of at least $50,000 USD or CD in 2004 and at least $5 million USD or CD in 2008. Additionally, these revenues must have more than doubled between 2004 and 2008. Also, companies must be in business for a minimum of five years and be headquartered within North America.

To determine the fastest growing companies for the Technology Fast 500, Deloitte reviewed fiscal year revenues over five years (2004-2008), calculated the revenue growth percentage over the same time period, and compared the growth of technology companies. The full list of Deloitte Fast 500 winners were honored on October 21, 2009 in New York City.

Selection for the Connecticut Technology Councils’ Tech Top 40 Awards was based on the percentage of revenue growth over four years from 2005-2008. Tangoe’s award was based on a revenue growth of approximately 300% from 2005 to 2008. The CTC and UHY LLP publicly announced the winning companies the evening of October 22, 2009.

 

About Tangoe

Tangoe, Inc., the global leader in communications lifecycle management solutions, provides software, consulting, and technology-enabled managed services that help global organizations procure, manage, and control their fixed and mobile communications assets and their associated costs. Tangoe’s award-winning solutions enable dramatic cost reductions and productivity improvements that significantly contribute to enterprise profitability. Consistently ranked as one of the fastest growing technology companies in the United States, Tangoe has operational centers in Connecticut, Massachusetts, New Jersey, New York, and Texas. Tangoe provides global solutions through both direct resource operations and a network of certified business partners.

Additional information about Tangoe, its CommCare services, patented technologies, and business partners can be found at tangoe2016.wpengine.com, or requested via e-mail at sales@tangoe.com, or by calling 1.203.859.9300.

Tangoe is a registered trademark and CommCare is a trademark of Tangoe, Inc.

$35+
Billion

of spend under
management

10+
Million

devices managed
globally

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