MENLO PARK, CA--(Marketwired - Nov 30, 2015) - GuideSpark, the leader in workforce communications, today announced that it ranked 28 among all software providers, and 66 overall, on Deloitte's Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America. GuideSpark grew 1,244 percent during the past three years.
GuideSpark's chief executive officer and co-founder, Keith Kitani, credits the company's 1,244 percent revenue increase to growing interest in its innovative platform that delivers personalized video and mobile experiences to connect workers to their employers and provide the knowledge they need to be fully productive. As a result, employers can communicate complex information related to compensation, benefits, financial wellness and more, leading to improved engagement and retention.
As GuideSpark continues to transform workforce communications, the company has become the provider of choice for a rapidly growing number of enterprise clients looking to project a consistent culture, brand and voice across their organizations. In just three years, the company increased its penetration into the Fortune 500 from less than one percent to 20 percent. Overall, GuideSpark's workforce communications platform is used by more 600 enterprise companies with over 10 million employees.
"The ability to provide a positive, transparent employee experience, communicate important company information and drive participation in health and wellness programs is essential to creating an engaged, productive workforce," said Kitani. "This, combined with the explosive growth of mobile use and video consumption, has created an enormous opportunity for GuideSpark to help employers significantly improve how they connect with their employees. We are honored that Deloitte has recognized our tremendous success over the past three years and thrilled to be included among the other top companies on the prestigious Technology Fast 500 list."
"Amid a fierce business climate, there seems to be no shortage of new and established companies that are unlocking a seemingly unlimited potential for growth and advancement through technology's continued disruption and proliferation across industries," said Sandra Shirai, principal, Deloitte Consulting LLP and U.S. technology, media and telecommunications leader. "It is inspiring to witness the innovative ways that companies are incorporating emerging technologies for business gains, be it cognitive computing, or the Internet of Things. We congratulate all those ranked on this year's Fast 500 and look forward to seeing their continued growth into 2016."
"Through the efforts and utilization of new and emerging technologies from these companies, we are witnessing greater business demands from across almost all industries," added Jim Atwell, national managing partner of the emerging company practice, Deloitte & Touche LLP. "We look forward to the opportunity to serve these companies as they strive to grow to the next level -- be it towards introducing new solutions or entering new markets -- and with it make important and long lasting impressions on the technology market as a whole."
About Deloitte's 2015 Technology Fast 500™
Deloitte's Technology Fast 500 provides a ranking of the fastest growing technology, media, telecommunications, life sciences and energy tech companies -- both public and private -- in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2011 to 2014.
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 four years and be headquartered within North America.
About GuideSpark
GuideSpark has forever changed how employers communicate with their workforces. The robust SaaS platform delivers interactive video and multi-media user experiences, using each company's unique brand and voice, coupled with deep analytics to drive employee engagement and adoption. Named the 7th fastest-growing private company in Silicon Valley, GuideSpark serves 600+ enterprise customers across all industries, with more than 10 million employees. To learn more about workforce communications, corporate wellness, performance management, financial wellness or employee engagement, visit http://www.guidespark.com.