SmartDrive Makes Deloitte Tech Fast 500 for Third Straight Year

SmartDrive Systems recently announced it ranked 480 on Deloitte’s Technology Fast 500, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America. SmartDrive grew 127 percent during this period.

SmartDrive’s chief executive officer, Steve Mitgang, credits accelerated market demand for open, integrated video safety and transportation intelligence solutions that inform fleet decision making with the company’s extraordinary revenue growth.

“It’s an honor to be recognized for the third consecutive year on the Deloitte Technology Fast 500.  SmartDrive’s rapid growth is indicative of both the commercial transportation sector’s accelerating adoption of video-based safety and the superiority of our open analytics platform,” stated Mitgang. “Our solution stands apart because of our ability to transform transportation ‘big data,’ into actionable insights that drive net new efficiency gains in fuel, maintenance and safety.”

About Deloitte’s 2016 Technology Fast 500

Deloitte’s Technology Fast 500 provides a ranking of the fastest growing technology, media, telecommunications, life sciences and energy tech companies – both public and private – in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2012 to 2015.

In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company's operating revenues. Companies must have base-year operating revenues of at least $50,000, and current-year operating revenues of at least $5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.