Jive recognized for triple-digit revenue growth among list of high-growth companies
PALO ALTO, Calif., Nov. 19, 2014 /PRNewswire/ -- Jive Software, Inc. (Nasdaq: JIVE) today announced it has been named as one of Deloitte's 2014 Technology Fast 500™, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences and clean technology companies in North America according to revenue growth from 2009 to 2013. Jive grew revenue by 386 percent during this period.
"Modern solutions that enable employees, partners, and customers to connect, communicate and collaborate are critical for businesses to perform and achieve results. The market for enterprise communication and collaboration is expanding as more and more businesses see the value in helping people work to their full potential -- and for brands to be digitally connected to their customers," said Elisa Steele, president of Jive. "We're proud that Jive has achieved clear leadership in the market and continues to drive consistent top-line growth, which ultimately reflects our most important measure: our customers' continued success."
The Technology Fast 500, conducted by Deloitte LLP, provides an annual ranking of the fastest- growing technology, media, telecommunications, life sciences and clean technology companies – both public and private – in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2009 to 2013.
"The companies ranked on the 2014 Deloitte Technology Fast 500 continue to set the bar for their industry higher each year," said Eric Openshaw, vice chairman, Deloitte LLP and U.S. technology, media and telecommunications leader. "There are so many exciting products and smart thought leaders driving this list. We congratulate the Fast 500 companies and look forward to seeing them continue their momentum into 2015."
"For 20 years, the Deloitte Fast 500 rankings have honored the innovation that is part of these companies' DNA," added Jim Atwell, national managing partner of the emerging growth company practice, Deloitte & Touche LLP. "We're glad to be serving these high-growth companies, and helping the technology sector recognize the great strides and transformation these companies are making in their respective areas."
About Deloitte's 2014 Technology Fast 500™
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 USD or CD, and current-year operating revenues of at least $5 million USD or CD. Additionally, companies must be in business for a minimum of five years and be headquartered within North America. To view the complete list, see http://www.deloitte.com/us/fast500/.
About Jive Software
Jive (NASDAQ: JIVE) is the leading provider of modern communication and collaboration solutions for business. Recognized as a leader by the industry's top analyst firms in multiple categories, Jive enables employees, partners and customers to work better together. More information can be found at www.jivesoftware.com.
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SOURCE Jive Software