IT News Online – Sales Boomerang named 49th fastest growing company in North America at 2021 Deloitte Technology Fast 500
WASHINGTON, DC, November 18, 2021 (SEND2PRESS NEWSWIRE) – Sales Boomerang today announced that it ranks 49th on the Deloitte Technology Fast 500 ™, a ranking of the 500 technologies, media, telecommunications, life sciences, fintech and The fastest growing energy technology companies in North America, now in its 27th year. Boomerang sales increased by 3.882% during this period.
Sales Boomerang CEO Alex Kutsishin attributes the 3,882% revenue growth of Sales Boomerang to an ever-expanding suite of automated alerts that help lenders better understand and anticipate their clients’ needs and a culture of company that attracts avant-garde talents.
“Sales Boomerang thrives by providing lenders with data insights and digital tools that create revenue opportunities and ensure no borrower is ever left behind,” Kutsishin said. “We are proud to be recognized as a leader in innovation and growth in the financial technology sector.
“Each year, the Technology Fast 500 shines a spotlight on leading technology innovators, and this year is no exception,” said Paul Silverglate, vice president of Deloitte LLP and leader of the US technology industry. “Faced with the myriad challenges resulting from the pandemic, the best and the brightest have been able to pivot, reinvent, transform and grow. We celebrate the winning organizations and in particular the talented employees who are the source of their success.
“The pandemic has underscored the urgent need for technological solutions in various fields of healthcare, financial technology, energy technology and entertainment, to name a few, hence the trust in innovators as the winners of the Technology Fast 500 is more important than ever, ”said Christie Simons, Partner, Deloitte & Touche LLP and Industry Leader for Technology, Media and Telecommunications in the Audit and Assurance practice of Deloitte. “These companies are not only at the cutting edge of technology, transforming the way we do business, but most importantly, they recognize the strategic importance of continuous innovation, especially in the ever-changing world of technology. “
Overall, 2021 Technology Fast 500 companies experienced revenue growth ranging from 212% to 87,037% from 2017 to 2020, with a median growth of 521%.
About the 2021 Deloitte Technology Fast 500 ™
Now in its 27th year, the Deloitte Technology Fast 500 provides a ranking of the fastest growing technology, media, telecommunications, life sciences, fintech and energy companies – both public and private. – in North America. Technology Fast 500 award winners are selected based on the percentage of revenue growth in fiscal year 2017 to 2020.
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 the majority of the company’s operating revenue. Companies must have base year operating income of at least $ 50,000 and current year operating income of at least $ 5 million. In addition, companies must have been in business for at least four years and be headquartered in North America.
About Boomerang Sales
Sales Boomerang transformed the relationship between mortgage lenders and borrowers with the introduction of the first automated borrower intelligence system in 2017. Company smart alerts notify lenders as soon as a former client or prospect is ready and qualified for a loan. As the mortgage industry’s # 1 borrower retention tool, Sales Boomerang is trusted by more than 150 lenders – including brokers, independent mortgage companies, credit unions and banks – to help to build lasting borrowing relationships that maximize customer lifetime value. To date, Sales Boomerang Alerts have enabled lenders to close over $ 150 billion in additional loan volume that would otherwise have gone overlooked and achieve customer retention rates that surpass industry standards by an average of 3 to 5 times. To learn more about Sales Boomerang and its No Borrower Left Behind ™ philosophy, visit https://www.salesboomerang.com.
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private limited liability company (“DTTL”), its network of member firms and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as “Deloitte Global”) does not provide services to clients. In the United States, Deloitte refers to one or more of DTTL’s United States member firms, their related entities that operate as “Deloitte” in the United States and their respective subsidiaries. Certain services may not be available to certify clients under the rules and regulations of public accounting. Please visit http://www.deloitte.com/about to learn more about our global network of member firms.
News Source: Sales Boomerang
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