BancIntelligence Named Rising Star in Deloitte's Technology Fast 500; Georgia Firm Ranks 18th Among Deloitte's North American Rising Stars with Over 1400% Growth.ATLANTA -- BancIntelligence, provider of the banking industry's only online advisory solution, announced today that it has been named a Rising Star in Deloitte's Technology Fast 500, a ranking of the 500 fastest growing technology companies in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . BancIntelligence ranked eighteenth of the national Rising Stars, which is part of the Fast 500 program and a special distinction for fast-growth technology companies that have been in business just three or four years. Rising Star rankings are based on percentage revenue growth over three years (2002-2004) with 2002 operating revenues operating revenue Revenue from any regular source. Revenue from sales is adjusted for discounts and returns when calculating operating revenue. Compare other revenue. of at least $50,000 USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. and 2004 operating revenues of at least $1 million USD. BancIntelligence revenues grew over fourteen hundred percent during this time period ranking BancIntelligence second on Deloitte's Georgia Technology Fast 50 Rising Stars listing. The BancIntelligence online advisory solution helps financial institutions make informed strategic and tactical decisions based on objective, quantified analysis. BancIntelligence has automated the analysis and strategy development processes that experienced bank advisors go through providing a valuable, cost-effective resource to banks of any size. Utilizing the BancAnalyst(R) Financial and BancAnalyst(R) Market online tools, financial institutions have continuous access to the banking industry's best financial and market analysis to help them identify where they should allocate resources to take advantage of their greatest opportunities to effect profitability enhancement and franchise growth. "It is exceptional for a young company to gain early traction Traction Definition Traction is the use of a pulling force to treat muscle and skeleton disorders. Purpose Traction is usually applied to the arms and legs, the neck, the backbone, or the pelvis. in today's highly competitive technology marketplace and especially to report such strong revenue growth," said Tony Kern Kern, river, 155 mi (249 km) long, rising in the S Sierra Nevada Mts., E Calif., and flowing south, then southwest to a reservoir in the extreme southern part of the San Joaquin valley. The river has Isabella Dam as its chief facility. , deputy national managing principal of Deloitte's Technology, Media & Telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. industry practice. "It's a credit to BancIntelligence's leadership that they've managed to ramp up Ramp Up To increase a company's operations in anticipation of increased demand. Notes: A company might 'ramp up' operations if they just signed a contract creating substantially more demand for their product. See also: Demand, Economies of Scale their business so quickly." "We are honored by this recognition as a Technology Fast 500 Rising Star," said Steve Cotton, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and president of BancIntelligence. "BancIntelligence's success has been fueled by a talented team obsessively ob·ses·sive adj. 1. Of, relating to, characteristic of, or causing an obsession: obsessive gambling. 2. Excessive in degree or nature: an obsessive need to win. focused on continuous product and process enhancement. By literally constructing BancIntelligence around bank executives' performance objectives, we are realizing our own." About BancIntelligence BancIntelligence delivers the industry's only online advisory solution to provide a key analytical advantage to financial institutions of all sizes. BancIntelligence has automated the analysis and strategy development process by uniquely combining comprehensive data, applied intelligence and access to its expert Bank Strategists. The BancIntelligence BancAnalyst(R) Financial and BancAnalyst(R) Market online tools continuously deliver instant, objective conclusions that support a financial institution's strategic and tactical planning on their course to maximizing franchise value. For more information about BancIntelligence and its online advisory solution visit www.bancintelligence.com or contact us at 800 846 6681. |
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