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Big Switch Networks Ranked Number 139 Fastest Growing Company in North America on Deloitte's 2019 Technology Fast 500™SANTA CLARA, Calif., Nov. 12, 2019 (GLOBE NEWSWIRE) -- Big Switch Networks today announced it ranked 139 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 now in its 25th year. Big Switch grew a remarkable 874% during this period. “As customers look to eliminate legacy network designs, they are choosing Cloud-First Networking solutions from Big Switch,” said Douglas Murray, CEO, Big Switch Networks. “2019 saw many milestones for the company related to hybrid cloud product innovation, customer wins, and growth, as demonstrated by Big Switch being named the 139th Fastest Growing Technology Company. We are proud to receive this recognition from Deloitte.” Big Switch continues to experience rapid growth and has hundreds of customers across North America, EMEA and Asia-Pacific. The company had previously been ranked No. 244 on the Technology Fast 500™. In 2019, Big Switch was named Best of VMworld - Networking, Nutanix Elevate Technology Alliances: Solutions Innovation Partner of the Year, Intel Network Builders Solutions Partner Winner and was positioned a Gartner Visionary in the Magic Quadrant for Data Center Networking. The 2019 Technology Fast 500™ companies achieved revenue growth ranging from 166% to 37,458% from 2015 to 2018, with median growth of 439%. Big Switch’s explosive growth is due to customers deploying the company’s networking and monitoring solutions that bring the cloud experience of speed, zero-touch simplicity as well as cloud CAPEX economics to on-prem data center and hybrid cloud environments. With Cloud-First Networking, customers able to reduce five year TCO by 47%, increase agility of new service enablement by 3x, and increase change management agility by 65%. About Deloitte’s 2019 Technology Fast 500™ 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 $US50,000, and current-year operating revenues of at least $US5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America. About Big Switch Copyright 2019 Big Switch Networks, Inc. All rights reserved. Big Switch Networks, the Big Switch logo, Big Cloud Fabric, Big Monitoring Fabric, BMF, Multi-Cloud Director, BigSecure, Big Switch Labs, BSN, Switch Light, ONL Certified, and ONL Certified Gold, ONLX are trademarks or registered trademarks of Big Switch Networks, Inc. in the U.S. and other countries. All other trademarks, service marks, registered marks or registered service marks are the property of their respective owners. Big Switch Networks assumes no responsibility for any inaccuracies in this. About Deloitte Media & Analyst Contact |