The Deloitte North America Technology Fast 500 list debuted in 1995 and, for the 23rd straight year, software dominated the list, with the 2018 crown going to SwanLeap, an end-to-end transportation technology provider for logistics managers and supply chain decision-makers.
Deloitte said the list was compiled by analyzing percentage fiscal year revenue growth from 2014 through 2017, adding that the 500 companies on this year’s edition posted a median growth rate of 412 percent over the three-year period, with individual numbers ranging from 143 percent to 77,260 percent.
Software companies made up 64 percent of the 2018 North America Technology Fast 500 and accounted for six of the overall top 10, and Deloitte said that of the private companies on the list, 34 percent identified themselves as part of the software-as-a-service subsector, 17 percent as enterprise software and 9 percent as financial technology.
The next-largest category on the list was digital content, media and entertainment companies, which accounted for 12 percent of this year’s group and a median growth rate of 385 percent from 2014 through 2017.
Biotechnology and pharmaceutical companies were the No.
3 category, representing 11 percent of the list and posting a median growth rate of 411 percent over the three-year period.