New Delhi, December 14, 2009 - Impetus Technologies (www.impetus.com), has been recognized as one of the fastest growing technology companies by the Deloitte Technology Fast 500 Asia Pacific 2009 program. Rankings were based on the percentage revenue growth over three years.
Impetus' CEO, Praveen Kankariya said on the occasion, "We are very excited and delighted to receive this prestigious award. This is a result of the hard work and dedication of each and every employee of Impetus and also the long standing relationships with our fabulous clients. It is also a testimony to our business model and our strong focus on maximizing R&D output, increasing emphasis on the product development lifecycle, thereby accelerating the overall productivity."
"Making the Deloitte Technology Fast 500 is commendable in today's highly competitive technology industry," said Yoshitaka Asaeda, partner in charge of Deloitte's Technology Fast 500 Asia Pacific program. "We congratulate Impetus on being one of the 500 fastest growing technology companies in the region."
Impetus been placed 463 in this prestigious list this year. Impetus previously ranked 470 in Deloitte Technology Fast 500 Asia Pacific 2008.
Technology Fast 500 Asia Pacific selection and qualifications The Technology Fast 500 list is compiled from Deloitte's Technology Fast 50 Asia Pacific programs, nominations submitted directly to the Technology Fast 500, and public company database research. To qualify for the Technology Fast 500, entrants must have had first year operating revenues of at least US$50,000.
Entrants must also be public or private companies headquartered in Asia Pacific and must be a "technology company," defined as a company that owns proprietary technology that contributes to a significant portion of the company's operating revenues; Manufactures a technology related product, or devotes a significant proportion of revenues to the research and development of technology.
About Impetus: Headquartered in San Jose, Impetus Technologies provides outsourced software product design, R&D and related services to leading global software product companies. Impetus has been involved with hundreds of product launches over its decade-long association with its clients ranging from enterprise class companies to innovative technology start-ups.
Impetus works on cutting-edge technologies to develop a variety of next-generation products for a range of vertical domains. From enterprise applications that optimize supply chains and credit portfolios, to solutions for the emerging rich media and digital content verticals; and from products for wireless networks and mobile handsets to software for network forensics and communication monitoring, Impetus' emphasis on continuous innovation adds significant value to its clients' technology initiatives.
Impetus was founded in 1991 as a software product development company and Impetus Infotech India Pvt. Ltd. was incorporated in 2000.
Impetus has been recognized at various platforms, including being ranked in Red herring 100 Asia 2008, Deloitte Technology Fast 500 in 2008 and was among the NASSCOM Top 100 IT Innovators 2007. Impetus received the Best Software Exporter Award in 2007 and 2009 for the state of Madhya Pradesh and also The Economic Times, Acer, Intel "Smart Workplace Award 2008". Impetus has been also featured in Gartner's 'Cool Vendors in IT Services and Sourcing' report for 2009.
For more information, visits www.impetus.com or write to info@impetus.com.
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