VirtuOz Ranked Number One Fastest Growing Technology Company on the 2010 Deloitte Technology Fast 50
EMERYVILLE, CA-- November 23, 2010 -- VirtuOz, the leading provider of intelligent virtual agent solutions, was recognized as the number one Fastest Growing Technology Company on the 2010 Deloitte Technology Fast 50™, a ranking of the fastest growing technology companies in France. Previously, in 2009, VirtuOz had ranked 3rd. In addition, VirtuOz was also recognized as 20th in the Deloitte Technology Fast 500 EMEA, up from 32nd last year, a ranking of the fastest growing technology companies in Europe, the Middle East and Africa. Rankings are based on percentage revenue growth over five years, from 2005-2009. VirtuOz grew 4,354 percent during this period.
VirtuOz's CEO, Steve Adams, credits the company's growth to the combination of increased global demand for intelligent virtual agents with the company's next generation solutions and proven category leadership, as evidenced by over 12 million conservations processed monthly in 5 different languages. "Today's consumer spends a significant amount of time online and demands a support experience that is personalized, context sensitive, and results-oriented. Companies are responding by augmenting existing support capabilities with a new channel -- intelligent virtual agents," said Adams. "The recognition of our growth by Deloitte's Technology Fast 50 program is validation of not only our technology and best practices, but also this high growth market. We've been able to support leading global brands in ensuring a superior on-line customer experience while avoiding the costs of traditional support channels."
"Attracting enough customers to attain this level of growth in five years speaks volumes about the quality of products and management of the company," said Mark Stone, Partner in charge of the Deloitte Technology Fast 50 France. "VirtuOz has demonstrated the merits of its growth strategy."
About Technology Fast 50 program
The Technology Fast 50 program began in 1995 in San Jose, California, the heart of Silicon Valley, and was then extended to all United States and the United Kingdom, Canada, the Netherlands, Israel and France. It is now present in over 50 countries and regions in the world. It was created to showcase the remarkable contribution of technology companies to grow the economy.
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VirtuOz offers next generation advanced computing and linguistic virtual agent solutions that enable enterprises to assist their customers in an automated fashion. This results in a superior user experience, greater customer satisfaction, and a reduction in the number of issues submitted to a company's support/sales staff. VirtuOz is the leading provider of virtual agents for the Global 2000 including companies such as eBay, SFR, H&R Block, and L'Oreal.