Attributes Revenue Growth to Staying Focused on What Matters Most to Customers
Dairy.com today announced it has earned a ranking 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.
Dairy.com’s chief executive officer, Scott Sexton, credits its loyal customer base and responsiveness to the evolving dairy supply chain with the company’s 138% revenue growth. Sexton said, “I’d like to thank our loyal customers for working with Dairy.com to manage, trade, and move their dairy commodities. For more than a decade, we’ve been honored to serve an industry that touches dinner tables across America.”
“Dairy.com, like all 2011 Technology Fast 500™ companies, has excelled in fostering innovation and channeling it into spectacular growth—against the backdrop of one of the most challenging economies in history,” said Eric Openshaw, vice chairman and U.S. technology, media and telecommunications leader, Deloitte LLP. “Deloitte recognizes Dairy.com for its remarkable accomplishment.”
“We are pleased to honor Dairy.com as a 2011 Technology Fast 500 company,” said Mark Jensen, managing partner, technology and venture capital services, Deloitte & Touche LLP. “As one of the fastest growing tech companies in North America, Dairy.com has demonstrated excellence in technological innovation, entrepreneurship and rapid growth.”
About Deloitte’s 2011 Technology Fast 500™
Technology Fast 500, which was conducted by Deloitte & Touche LLP, a subsidiary of Deloitte 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 2006 to 2010.
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.