I knew HitWise was doing well but - and I’m not the only one; here’s a press release showing the Hitwise is growing exceptionally fast for a company it’s size.
=======================Press Release =============================
Hitwise Named One Of New York’s Fastest Growing Technology Companies in Deloitte’s Technology Fast 50 Program
CEO Attributes First Class Customer Service to its 3,436 Percent Revenue Growth
NEW YORK, NY – September 18, 2006 – Hitwise, the world’s leading online competitive intelligence service, today announced that it was named one of the winners of Deloitte’s prestigious Technology Fast 50 Program for the New York Region, a ranking of the 50 fastest growing technology, media, telecommunications and life sciences companies by Deloitte & Touche USA LLP, one of the nation’s leading professional services organizations. Rankings are based on the percentage revenue growth over five years from 2001–2005.
Hitwise’s increase in revenues of 3,436 percent from 2001 to 2005 resulted in a seventh place ranking in the Technology Fast 50 for New York. Hitwise CEO Andrew Walsh credits the company’s great people and commitment to developing deep customer relationships while providing first-class customer service with the 3,436 percent revenue growth from 2001–2005.
"We are thrilled to be recognized by Deloitte & Touche for our strong performance over the last five years," said Hitwise CEO and President Andrew Walsh. "This is a testament to acceptance of our data by the online industry allowing marketers timely insight into their ever-changing online campaigns. I’m proud of our employees and management with the success that we’ve been able to achieve in such a short period of time."
"Deloitte’s New York Technology Fast 50 companies have shown the strength, vision and tenacity to succeed in today’s very competitive technology environment," said Ed Moran, Director of Product Innovation/Leader Nanotechnology Industry Practice, Deloitte Services LP, New York. "We applaud the successes of Hitwise and acknowledge it as one of few companies in this region to accomplish such a fast growth rate over the past five years."
To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 2001 and $5,000,000 in 2005, be headquartered in North America, and be a company that o wns proprietary technology or proprietary intellectual property that contributes to a significant portion of the company’s operating revenues; or devotes a significant proportion of revenues to the research and development of technology. Using other companies’ technology or intellectual property in a unique way does not qualify.
Winners of the 16 regional Technology Fast 50 programs in the United States and Canada are eligible to be entered into the Deloitte’s Technology Fast 500 program, which ranks North America’s top 500 fastest growing technology, media, telecommunications and life sciences companies. For more information on Deloitte’s Technology Fast 50 or Technology Fast 500 programs, visit www.fast500.com.
About Hitwise:
Hitwise is the leading online competitive intelligence service. Only Hitwise provides its 1,200 global clients with daily insights on how their customers interact with a broad range of competitive websites, and how their competitors use different tactics to attract online customers.
Since 1997, Hitwise has pioneered a unique, network-based approach to Internet measurement. Through relationships with ISPs around the world, Hitwise’s patented methodology captures the anonymous online usage, search, and conversion behavior of 25 million Internet users. This unprecedented volume of Internet usage data is seamlessly integrated into our easy to use, web-based service, designed to help marketers better plan, implement, and report on a range of online marketing programs.
Hitwise is a privately held company headquartered in New York City and operates in the United States, United Kingdom, Australia, New Zealand, Hong Kong, and Singapore. More information about Hitwise is available at www.hitwise.com.
For up to date analysis of online trends and statistics, please visit the Hitwise Intelligence Analyst Weblogs at weblogs.hitwise.com and the Hitwise Data Center at www.hitwise.com/datacenter.
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On thing that stuck out is the how this "fast growing" behavior is evaluated :
"To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 2001 and $5,000,000 in 2005, be headquartered in North America, and be a company that o wns proprietary technology or proprietary intellectual property that contributes to a significant portion of the company’s operating revenue"
Does not see that would be such a hard set of conditions to qualify for.