SCOTTSDALE, AZ--(Marketwire - November 19, 2012) - GPS Insight, a leading technology provider of GPS tracking solutions for commercial and government fleets, announced it ranked 282 on Deloitte's Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. GPS Insight had a four year growth of 268%, and was ranked the #3 fastest growing Arizona company in the Technology Fast 500. This is GPS Insight's second consecutive year to make the ranking.
GPS Insight's Founder & CEO Rob Donat credits the incredible value which is delivered to customers and their need to save on fleet and labor costs with the company's 268% revenue growth. He said, "GPS Insight delivers a remarkably powerful application which cures many issues for fleet oriented customers. By saving our customers much more than they spend, sales are bound to grow over time, which has helped our growth accelerate steeply for the past 8 years since the company was founded."
"We are proud to honor the 2012 Technology Fast 500™ companies, and commend them for their outstanding growth," said Eric Openshaw, vice chairman, Deloitte LLP and U.S. technology, media and telecommunications (TMT) leader. "These ground-breaking companies have outpaced their competition and are reinventing the way we do business today."
"The companies on the Fast 500 list are among those that have demonstrated remarkable innovation, creativity and business savvy," said Bill Ribaudo partner, Deloitte & Touche LLP and national TMT leader for audit and enterprise risk services (AERS). "As a result, these companies have continued to successfully forge ahead in a challenging economic environment. We applaud the leadership and employees of GPS Insight for this impressive accomplishment."
About Deloitte's 2012 Technology Fast 500™:
Technology Fast 500, conducted by Deloitte & Touche LLP, provides a ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies -- both public and private -- in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2007 to 2011.
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 $50,000 USD or CD, and current-year operating revenues of at least $5 million USD or CD. Additionally, companies must be in business for a minimum of five years, and be headquartered within North America.
About GPS Insight:
GPS Insight is a leading supplier of reliable GPS tracking, navigation, and messaging technology for fleet-based customers. They utilize high quality GPS hardware and add the technology, customization and enhancements which fleet-based companies demand. Using the GPS Insight solution, companies realize a significant increase in efficiency, and gain insight into all aspects of their fleet operations. Current location, unlimited history, Garmin integration, engine diagnostics, routing, reports, alerts, and messaging all combine to provide the ideal platform for fleet-based companies. GPS Insight provides highly flexible solutions, which include a wide range of customized reports, alerts, and other features that can be tailored to meet specific customer requirements and ensure maximum return on investment.