Attributes 451% Percent Revenue Growth to Customer Acquisition
SAN FRANCISCO, November 16, 2016 ‐ Dialpad today announced it ranked 186th on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America. Dialpad grew 451% percent during this period.
Dialpad’s Chief Executive Officer Craig Walker credits the company’s 451% growth to the company’s pure cloud approach to voice, video, messaging and conferencing plus the growing demand from global enterprises for technologies that accommodate the needs of an increasingly distributed workforce.
"We started Dialpad with a mission to kill the desk phone. Modern workers need to be accessible from anywhere at any time on any device and our pure cloud-based solution gives them that freedom without any of the hassles or costs of a legacy desk phone system,” said Craig Walker, CEO of Dialpad. “Our rapid growth shows that this approach is working and that any business shifting to the cloud for email or documents must have a similar solution for voice communications. Dialpad is easy-to-deploy, hardware-free and simplifies how workers connect and communicate with each other through voice, video, messaging, SMS, and conferencing, or whatever way they prefer."
"Today, when every organization can be a tech company, the most effective businesses not only foster the courage to explore change, but also encourage creativity in using and applying existing assets in new ways, as resourcefully as possible,” said Sandra Shirai, principal, Deloitte Consulting LLP and U.S. technology, media and telecommunications industry leader. “This ingenious approach to innovation calls for the encouragement of curiosity and collaboration both within and outside the office walls."
"This year’s Fast 500 winners showcase that when organizations are open to diverse perspectives and insights, they are able to create an environment for their employees and customers to see the possibilities and ingenious solutions that might lie ahead,” added Jim Atwell, national managing partner of the emerging growth company practice, Deloitte & Touche LLP. “Entrepreneurial environments foster change and innovation within businesses, and we look forward to watching these companies continue to drive change across all sectors."
Overall, 2016 Technology Fast 500™ companies achieved revenue growth ranging from 121 percent to 66,661 percent from 2012 to 2015, with median growth of 290 percent.
Dialpad is a pure-cloud solution that spans voice, video and messaging while integrating with G Suite, Microsoft Office 365, Salesforce, and social applications LinkedIn and Twitter — providing users with insights around every call and message. It requires no hardware and can be deployed in minutes, providing enterprise businesses with not just the technology they need to support their workers, but the ROI to justify a switch away from legacy technology.
"Legacy and first-generation cloud communications players built around the desk phone are letting the anywhere worker and the modern enterprise down,” said Morgan Norman, Vice President of Marketing at Dialpad. “More than 25,000 customers have chosen Dialpad and killed the desk phone — validating that we have the right vision and the right technology to help every company connect their workers to customers, coworkers and partners from anywhere."
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 2012 to 2015.
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, and current-year operating revenues of at least $5 million USD. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
As used in this document, “Deloitte” means Deloitte LLP and its subsidiaries. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting.
Dialpad is the #1 pure-cloud communications solutions for business. Available on any device, anywhere, Dialpad includes HD voice, HD video, group messaging, SMS, MMS, conferencing, screen sharing, and document sharing, and is integrated with Microsoft Office 365 and G Suite. Dialpad customers include 60 percent of the Fortune 500, high-growth enterprises and forward thinking organizations including Uber, Vivint Solar, Betterment, Stripe, Postmates, Quora, Denison University, and Netflix. Dialpad is funded by Amasia, Andreessen Horowitz, Felicis Ventures, GV (formerly Google Ventures), Softbank and Work-Bench. For more information, visit dialpad.com and follow @DialpadHQ on Twitter.
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