Cloud contact center vendor Five9 (News - Alert) was recently been recognized by Deloitte in the research firm’s 2013 Technology Fast 500 list. The company positioned at rank 242 and this is the second time the company has made to the list.

Cloud based call center solutions are designed to free companies from dependence on cumbersome and expensive premises based telecom systems. Taking part in the cloud revolution in contact center space since 2001, Five9 has been facilitating more than three billion customer interactions annually.

In order to be added to this prestigious list of fastest growing tech companies, the companies need to demonstrate a high level of innovation. In order to be recognized, the companies also need to show tremendous agility to quickly adapt themselves to the evolving market demands. Five9 has fit the bill perfectly. The company’s secure and scalable cloud contact center software is being used all over the globe to increase agent productivity and deliver tangible business results. The consistently strong revenue growth speaks for the company’s leadership position in the space.

“The 2013 Deloitte (News - Alert) Technology Fast 500 companies are exemplary cases of those spurring growth in a tough market through innovation. The 2013 list is a who's who of companies behind the most exciting and innovative products and services in the technology space. We congratulate the Fast 500 companies and look forward to what they do next,” vice chairman of Deloitte LLP Eric Openshaw noted in a statement.

Five9 has earned an array of industry recognition for its growth and solution excellence. These include an Inc. 5000 listing, an AlwaysOn Global 250 Top Private Company listing and an AlwaysOn OnDemand Top 100 selection.