QuickArrow Named to Deloitte’s Technology Fast 50 and Software Magazine’s Software 500
October 18, 2007 (PRLEAP.COM) Technology NewsAustin, Texas – October 18, 2007 — QuickArrow, Inc., the leader in SaaS Services Automation, today announced its inclusion in Deloitte’s prestigious Technology Fast 50 Program for Texas.
To qualify for Deloitte’s Technology Fast 50, companies must have had operating revenues of at least $50,000 in 2002 and $5,000,000 in 2006, be headquartered in North America, and be a company that owns proprietary technology or proprietary intellectual property that contributes to a significant portion of revenues to the research and development of technology.
"Deloitte's Texas Technology Fast 50 companies have shown the strength, vision and tenacity to succeed in today's very competitive technology environment," said Skip Moore, Managing Partner, Technology, Media & Telecommunications, Deloitte & Touche LLP. "We applaud their successes as the very few to accomplish these growth rates over the past five years."
This week, QuickArrow was also named to Software Magazine’s Software 500 ranking of the world’s largest software and service providers. The Software 500 is a revenue-based ranking of the world’s largest software and services suppliers targeting medium to large enterprises, their IT professionals, software developers, and business managers involved in software and services purchasing.
“The Services Economy has exploded over the last several years, driving horizontal demand for PSA solutions across virtually every vertical industry,” said Ron Jennings, QuickArrow President and CFO. He continued, “At the same time, SaaS is becoming the standard for new enterprise software acquisitions. As a result, we’ve been able to achieve double-digit annual growth over the last several years that we expect to maintain moving forward.”
QuickArrow is ranked 418 on Software Magazine’s Software 500, now in its 25th year. With revenue growth of over 260% from 2002 – 2006, QuickArrow is listed at number 43 on Deloitte’s Technology Fast 50 Program for Texas.
QuickArrow’s Professional Services Automation (PSA) solution helps services organizations better manage the three things that matter most: people, projects, and performance. Designed to deliver the critical visibility needed to optimize services delivery, QuickArrow’s Software as a Service (SaaS) solution fully integrates with leading SFA, CRM, and financial applications, replacing homegrown solutions and labor-intensive spreadsheets to automate workflows and streamline operations.
Worldwide, more than 26,000 users and 300 services organizations spanning software, IT Services, management consulting, hardware, environmental, and healthcare count on QuickArrow every day to increase resource utilization, capture more billable hours and expenses, and enable more effective decision-making to drive top and bottom-line growth.
QuickArrow’s unqualified SAS 70 Type II certification and innovative Web Services API ensure reliability, flexibility, and data security for clients such as salesforce.com, Borland Software, Symantec, Genesys, Informatica, and Proxicom. To learn more about the business impact QuickArrow can have on your organization, please visit, please visit www.quickarrow.com.
About Digital Software Magazine, the Software Decision Journal, and Softwaremag.com
Digital Software Magazine, the Software Decision Journal, has been a brand name in the high-tech industry for nearly 30 years. Softwaremag.com, its web counterpart, is the online catalog to enterprise software and the home of the Software 500 ranking of the world’s largest software and services companies, now in its 25th year. Software Magazine and Softwaremag.com are owned and operated by King Content Co.
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