SCOTTSDALE, AZ - GPS Insight, a technology provider of GPS tracking solutions for commercial and government fleets, has announced it ranked No. 74 on Deloitte's Technology Fast 500. The ranking includes the fastest growing technology, media, telecommunications, life sciences, and clean technology companies in North America. GPS Insight had a four-year growth of 1490 percent and was ranked the No. 2 fastest growing Arizona company in the Fast 500.
Robert Donat, founder and CEO of GPS Insight, stated "This is a great time for GPS Fleet Tracking companies such as GPS Insight. Since our end-customers save significantly when utilizing a solution, it is a high growth time for our industry. We attribute our high growth to our robust, highly adaptable product which delivers fleet insight to customers at a time when they need it most. Additionally, our unique technology makes it easy for us to deploy to customers and adapt, when necessary, to their most costly business challenges. We are thrilled to have made the Deloitte list at just under 1500 percent 4-year growth."
GPS Insight, like all 2011 Technology Fast 500 companies, has excelled in fostering innovation and channeling it into spectacular growth -- against the backdrop of one of the most challenging economies in history," said Eric Openshaw, vice chairman and U.S. technology, media and telecommunications leader, Deloitte LLP. "Deloitte recognizes GPS Insight for its remarkable accomplishment."
"We are pleased to honor GPS Insight as a 2011 Technology Fast 500 company," said Mark Jensen, managing partner, technology and venture capital services, Deloitte & Touche LLP. "As one of the fastest growing tech companies in North America, GPS Insight has demonstrated excellence in technological innovation, entrepreneurship and rapid growth."
Overall, 2011 Technology Fast 500 companies achieved revenue growth ranging from 134 percent to 70,211 percent from 2006 to 2010, with a median growth of 354 percent.