Contivo Named Rising Star in the Deloitte & Touche Technology Fast 500 Program.Business Editors/High-Tech Writers MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Oct. 16, 2002 Attributes Its 1,313% Percent Revenue Growth to Enterprise Recognition that Integration Is a Priority for CIOs Contivo, Inc., the leading provider of automated data integration, has been named a Rising Star on the 2002 Deloitte & Touche 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. . A special category of 25 Rising Star winners, companies in business less than five years, but at least three years, are ranked based on percentage of growth in revenues over three years (1999 to 2001). Indra Mohan, 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. of Contivo, credits the company's phenomenal revenue growth over the past three years to the increasing recognition among enterprises that efficient data integration is a key component to the success of IT integration projects. Mohan said, "We're honored that Deloitte & Touche has recognized Contivo's rapid development and selected us as a `Rising Star.' Our unique solution solves one of the main challenges enterprises face in integration -- the tedious, repetitive and time-consuming task of data transformation. By automating this process, we allow companies to complete integration projects on time and under budget." "To rank on the Deloitte & Touche Technology Fast 500 Rising Star, companies must have phenomenal revenue growth in a three-year period. Contivo has proven to be one of the fast-growth success stories, and we applaud its vision," said Mark A. Evans, managing director, Deloitte & Touche Technology, Media, & Telecommunications Group. Contivo's increase in revenues of 1,313% percent over the three-year period of 1999 to 2001 resulted in Contivo being named as a Rising Star in the 2002 Deloitte & Touche Technology Fast 500. To qualify as a Fast 500 Rising Star, companies must have had operating revenues 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. in 1999 and $75,000 CD for the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and Canada, respectively, must be public or private companies headquartered North America, and be "technology companies" defined as companies that own proprietary technology which contributes to a significant portion of the company's operating revenues or devotes a high percentage of effort to research and development of technology. About Contivo Contivo provides product solutions that enable enterprises to dramatically reduce the time, effort, and dollars spent to design and maintain software integration efforts. The Contivo approach provides integration architects with a centrally-managed repository that introduces reuse and collaboration to a previously one-off and manual task. Contivo introduced the concept of Enterprise Integration Modeling (EIM EIM Enterprise Incentive Management EIM Enterprise Information Management EIM Enterprise Identity Mapping (IBM) EIM Enterprise Instant Messaging EIM Employee Internet Management EIM European Institute for the Media ), a framework on which companies can create, leverage, and manage their knowledgebase of data integration efforts. Contivo was founded in 1998 and has forged significant relationships with strategic partners and customers, including BEA Systems BEA Systems, Inc. (NASDAQ: BEAS) is one of the major companies developing enterprise infrastructure software. BEA makes middleware, products that help software run on top of databases. , webMethods, Agilent Technologies This article needs sources or references that appear in reliable, third-party publications. Alone, primary sources and sources affiliated with the subject of this article are not sufficient for an accurate encyclopedia article. , Hitachi America, Viacore, and TIBCO Software Tibco Software Inc. is a software company, with headquarters in Palo Alto, California. Tibco sells business process management and business integration software. History Vivek Ranadive founded the company as Teknekron Software Systems (TSS) in 1985. . Corporate investors include industry leaders BEA Systems, TIBCO Software, and webMethods. Venture capital investors include Bank of America
Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world. Ventures, MSD (MicroSoft Diagnostics) A utility that accompanied Windows 3.1 and DOS 6 that reported on the internal configuration of the PC. A variety of information on disks, video, drivers, IRQs and port addresses was provided. Capital LP, and Voyager Capital. Contivo is privately held and headquartered in Mountain View, CA. More information about the company can be found at http://www.contivo.com/ About Deloitte & Touche Deloitte & Touche, one of the nation's leading professional services firms, provides assurance and advisory, tax, and management consulting services through nearly 30,000 people in more than 100 U.S. cities. The firm is dedicated to helping its clients and its people excel. Known as an employer of choice for innovative human resources programs, Deloitte & Touche has been recognized as one of the "100 Best Companies to Work for in America" by Fortune magazine for five consecutive years. Deloitte & Touche refers to Deloitte & Touche LLP LLP - Lower Layer Protocol and its related entities. Deloitte & Touche is the U.S. national practice of Deloitte Touche Tohmatsu Deloitte & Touche (also referred to as Deloitte Touche Tohmatsu, and branded as Deloitte.) is the second largest professional services firm in the world, and one of the Big Four auditors, along with PricewaterhouseCoopers, Ernst & Young and KPMG. . Deloitte Touche Tohmatsu is a Swiss Verein, and each of its national practices is a separate and independent legal entity. For more information, please visit Deloitte & Touche's Web site at www.deloitte.com. |
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