Exigen Services is named among the fastest growing companies in the EMEA
Exigen® Services, a recognized leading application outsourcing provider, has announced it was recently named one of the fastest growing companies within the EMEA, with a five-year company growth rate of 564%
The 2009 Deloitte Technology Fast 500 rating methodology is based on a circulating capital growth indicator. Technology vendor subsidiaries from Europe, Middle Asia and Africa were ranked in accordance with officially reported company financial indicators from the past five years. Global leading professional auditors have given Exigen Services a 308th position within this rating category. The five-year company growth indicator was 564%.
The rating results were announced on November 24th, at the gala ceremony held in London. Nick Puntikov, President, Delivery, Exigen Services, participated in the event.
“Today the market requires service providers to guarantee the highest level of quality and hold deep industry expertise while applying a risk sharing approach to their relations with customers“ — Puntikov stated. “That is why in today’s tough economic environment we continue to maintain steady revenue growth”.
Average annual rating indicators in 2009 have shown slower growth compared to those reported in 2008. The 2009 Deloitte Technology Fast 500 presents a wide range of IT-service vendors from the UK, France, Netherlands, Germany and Scandinavia.
The Deloitte survey is considered to be one of the most recognized business ratings, reflecting the dynamic growth of mid-sized and large business entities. The rating sets a number of strict participation requirements that include an open audit and independent expert evaluation. Deloitte only considers those enterprises with turnover that currently equals 800 thousand Euro, and, that five years ago exceeded 50 thousand Euro.
About Deloitte
Deloitte is one of the largest professional services organizations in the world and one of the Big Four auditors, along with PricewaterhouseCoopers, Ernst & Young, and KPMG. Deloitte has approximately 3,000 staff at work in CIS in 14 offices, delivering audit, tax, consulting and financial advisory services through its member firms. The company is a part of the Swiss holding company Deloitte Touche Tohmatsu.
About Exigen Services
Exigen® Services is an Inc. 5000 global IT company that provides a lower risk alternative to conventional application outsourcing. The company combines advanced development methodologies with value-based project governance and performance-based contracts to mitigate outsourcing risks and provide a higher return on IT project investments.
Since 2000, Exigen Services has been a global leader in the use of distributed Agile methods for rapid and precise systems development throughout the banking, insurance, brokerage, healthcare, telecommunications, government and media industries. Exigen Services has achieved high honors in a variety of independent lists and rankings, including Brown & Wilson's Black Book of Outsourcing in 2008, Global Services 100 in 2009, Global Outsourcing 100 in 2009 and Inc Magazine’s 2009 Inc5000. Clients range from mid-sized growth companies to Fortune 500 organizations, and include Sun Microsystems, CSC, T-Mobile and Westpac Bank.
