Moving up to the 7th position on the list of the 500 fastest-growing technology firms as compiled by the Deloitte Technology Fast 500 EMEA is impressive enough on its own, but the accomplishment is even more astounding when you consider that in order to accomplish this feat, HIRO Media has registered a 22,219% growth in revenue over the last five years. For an idea of just how monumental this growth is, the average growth of companies in the Deloitte ranking is a “mere” 1,711%.
HIRO Media is an online video content supply-side platform designed to provide support to content owners when it comes to video distribution channels and monetization solutions. The company currently serves over 4 billion video ads per month. This success seemingly stems from HIRO Media’s commitment to advancing their industry, or as David Halstead of Deloitte Technology puts it, the determination to grow in what is currently considered a survive-if-you-can market.
HIRO Media CEO Ariel Napchi was quick to call 2014 exciting, lauding his company’s commitment to providing the best customer service in the online video content industry and striving to give content owners comprehensive, effective and simple solutions for syndication and monetization. He also credited HIRO’s casual viewership platform, which focuses on providing video content to internet users who are casually browsing the internet as opposed to intentionally seeking out video content.
In addition to its impressive showing in the Deloitte Technology Fast 500 EMEA rankings, HIRO Media also ranked in the top four in the Israel Deloitte Technology Fast 50 in 2014.
While the Israel Deloitte Technology Fast 50 is a listing of the fastest-growing (according to revenue growth rates) tech companies in the nation of Israel, the Deloitte Technology Fast 500 EMEA is a ranking designed to recognize the tech companies with the fastest growth rates in revenue in Europe, the Middle East and Africa during a period of five years. In order to qualify for the Deloitte Technology rankings, not only do tech companies have to demonstrate impressive revenue growth rates, but they must also own proprietary technology or be working towards developing proprietary technology. Failing that, tech companies must be shown to be dedicating significant resources to research and development.
Participants in the Deloitte Fast 50 or Fast 500 rankings can be public or private enterprises and can be operating in any area of technology.
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