Corporate Performance Management (CPM) software leader on list for second consecutive year with 528 percent revenue growth
ROCHESTER, Mich.--(BUSINESS WIRE)--OneStream Software, a leader in Corporate Performance Management solutions for mid-sized to large enterprises, today announced it ranked 207th on Deloitte’s 2019 Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America.
OneStream Software’s CEO Tom Shea credits the company’s rapid ascension on this Fast 500 list to the strong momentum of OneStream XF as the platform of choice for digital transformation in the office of finance, as enterprises migrate from legacy CPM products such as Oracle Hyperion, SAP BPC and IBM Cognos, to our modern, unified platform. He said, "The office of finance is becoming an increasingly strategic function with the ability to enable faster and better business decisions, but to do so they must simplify, accelerate, and automate finance processes and provide deeper financial and operational insights to business leaders to enable confident decision-making.”
This is the second year in a row that OneStream has ranked a Technology Fast 500™ award winner, climbing to rank 207th this year.
“Congratulations to the Deloitte 2019 Technology Fast 500 winners on this impressive achievement,” said Sandra Shirai, vice chairman, Deloitte LLP, and U.S. technology, media and telecommunications leader. “These companies are innovators who have converted their disruptive ideas into products, services and experiences that can captivate new customers and drive remarkable growth.”
Overall, 2019 Technology Fast 500™ companies achieved revenue growth ranging from 166% to 37,458% from 2015 to 2018, with median growth of 439%.
About Deloitte’s 2019 Technology Fast 500™
Now in its 25th 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 2015 to 2018.
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 $US 50,000, and current-year operating revenues of at least $US 5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
About OneStream Software
OneStream Software provides a market-leading CPM solution that unifies and simplifies financial consolidation, planning, reporting, analytics and financial data quality for sophisticated organizations. Deployed via the cloud or on-premise, OneStream’s unified platform enables organizations to modernize Finance, replace multiple legacy applications and reduce the total cost of ownership of financial systems. OneStream unleashes Finance teams to spend less time on data integration and system maintenance – and more time focusing on driving business performance.
The OneStream XF MarketPlace features downloadable solutions that allow customers to easily extend the value of their CPM platform to quickly meet the changing needs of finance and operations. OneStream was named to the 2019 Inc. 5000 as one of the top 700 fastest-growing companies in North America. Learn more at www.onestreamsoftware.com.
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