Company attributes strong revenue growth to surging and sustained demand for Product Intelligence
SAN FRANCISCO, Nov. 19, 2020 (GLOBE NEWSWIRE) — Amplitude, the leading provider of Product Intelligence, today announced it ranked 208 on the Deloitte Technology Fast 500™, a list of the 500 fastest-growing technology, media, telecommunications, life sciences and energy tech companies in North America. This marks the company’s first appearance on the Technology Fast 500 list due to accelerated growth in revenue during the period.
As more companies make the transition into the digital-first era, there is a surge of demand for data to better guide digital transformation efforts. Amplitude’s Product Intelligence platform analyzes over a trillion digital customer interactions a month, giving companies real-time customer behavior insights. With Amplitude, companies can better understand how customers are using their digital products and uncover new, revenue-driving opportunities.
“Every business is now a digital-first business and needs digital revenue streams now,” said Hoang Vuong, CFO, Amplitude. “Amplitude gives businesses the valuable customer insights to understand the impact of their digital efforts and unlock new digital growth opportunities. We are honored to be included on this prestigious list. This recognition from Deloitte shows Product Intelligence is the foundation of accelerating growth in the digital-first era.”
“For more than 25 years, we’ve been honoring companies that define the cutting edge and this year’s Technology Fast 500 list is proof positive that technology — from software and digital media platforms, to biotech — truly does permeate so many facets of our lives,” said Paul Silverglate, vice chairman, Deloitte LLP and U.S. technology sector leader. “We congratulate this year’s winners, especially during a time when innovation is needed more than ever to address the monumental challenges posed by the pandemic.”
For more information about Amplitude, please visit: https://amplitude.com/
About Deloitte’s 2020 Technology Fast 500™
Now in its 26th year, 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 2016 to 2019.
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 $US50,000, and current-year operating revenues of at least $US5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
Amplitude is the leading Product Intelligence platform that helps companies use their customer data to build great product experiences for digital growth. Headquartered in San Francisco with offices in New York, London, Paris, Amsterdam, and Singapore, Amplitude is the cross-platform, real-time data solution of choice for modern product and growth teams. Amplitude powers over 59,000 digital products at companies like Microsoft, Ford, NBC Universal, Hubspot, and PayPal.
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