Promapp ranked on the Deloitte Technology Fast 500
Promapp one of 54 NZ companies ranked on the Deloitte Technology Fast 500™ Asia Pacific 2015
Attributes its 93 Percent Revenue Growth to Increased Demand and Global Expansion
Auckland, 15 March 2016 – Promapp <http://www.promapp.com/> , a leading provider of cloud-based business process management (BPM) software, today announced that it was one of 54 New Zealand companies ranked on the Deloitte Technology Fast 500™ Asia Pacific 2015, a ranking of the 500™ fastest growing technology companies in the Asia Pacific. Rankings are based on percentage revenue growth over three years. Promapp grew 93% during this period.
Promapp provides business process mapping software which enables process improvement, quality assurance and risk management in line with ISO, Six Sigma and Lean principles. The software is an online process collaboration tool designed to replace hardcopy procedures manuals.
Promapp’s CEO, Ivan Seselj credits an increased focus by organisations on process improvement and risk management, and Promapp’s global sales and marketing expansion with the company’s 93% revenue growth over the past three years. Seselj said, “We are delighted to be recognised and included in the Deloitte Technology Fast 500™ Asia Pacific 2015. We’re looking forward to building on this success with our global expansion plans and our focus on helping businesses around the world develop smarter and safer ways of working.”
“Making the Deloitte Technology Fast 500™ is commendable in today’s highly competitive technology industry,” said Ichiro Nakayama, DTTL Leader, Deloitte Technology Fast 500™ Asia Pacific program. “We congratulate Promapp on being one of the 500 fastest growing technology companies in the region.”
“Attracting enough customers to attain such fast growth over three years makes a strong statement about the quality of a company’s products and its leadership,” said Ichiro Nakayama, DTTL Leader, Deloitte Technology Fast 500™ Asia Pacific program. “Promapp has shown the right calibre for growth.”
Deloitte Technology Fast 500 Asia Pacific
selection and qualifications
The Technology Fast 500 list is compiled from the Deloitte Asia Pacific Technology Fast 50 programs, nominations submitted directly to the Technology Fast 500™, and public company database research. To qualify for the Technology Fast 500™, entrants must have had base-year operating revenues of a least US$50,000. Entrants must also be public or private companies headquartered in Asia Pacific and must be a “technology company,” defined as a company that develops or owns proprietary technology that contributes to a significant portion of the company’s operating revenues; or manufactures a technology-related product; or devotes a high percentage of effort to the research and development of technology. Using other companies’ technology in a unique way does not qualify.
Established in 2002, Promapp <http://www.promapp.com/> works with hundreds of organisations worldwide to foster a thriving business improvement and process management culture. Promapp’s cloud-based business process management (BPM) software makes it easy to create, navigate, share, and change business processes, enabling quality assurance, risk management, and business continuity. Providing an intuitive online process mapping tool, a cloud-based process repository, and a comprehensive process improvement toolset, Promapp’s proprietary software supports the development of smarter and safer ways to work, while encouraging sharing of information by operational teams rather than limiting it to process analysts and technical specialists. Promapp’s wide range of public and private sector customers includes:, Coca-Cola Amatil, Air New Zealand, Mainfreight USA, Toyota Financial Services, Ricoh Australia, McDonald's, Fuji Xerox, Audi Australia, Adelaide City Council and the Department of Justice, Victoria.
The company is headquartered in Auckland, New Zealand. www.promapp.com <http://www.promapp.com> .
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