WINOOSKI, Vt., Nov. 13, 2015 (GLOBE NEWSWIRE) -- MyWebGrocer, a leading provider of e-commerce and digital marketing solutions to the grocery and Consumer Packaged Goods (CPG) industries, ranked No. 350 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. MyWebGrocer grew 184 percent from 2011 to 2014.
Deloitte's Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth over a three year period. Overall, 2015 Technology Fast 500™ companies achieved revenue growth ranging from 109 percent to 21,984 percent from 2011 to 2014, with an average growth of 850 percent.
While we've been in business for more than 16 years, we continue to grow at an accelerated rate," said Rich Tarrant, MyWebGrocer CEO. "Being recognized by Deloitte for our success is a noteworthy testament to the experience of our team, and it endorses the strength of our technology and service offerings for grocers and CPGs. The grocery and CPG industries are experiencing rapid transformations brought on by digital disruption, and we will continue to help our clients navigate and capitalize on these changes."
MyWebGrocer is a complete digital experience platform purpose-built to provide grocery customers with omnichannel shopping experiences and enable CPG brands to connect with shoppers. Leading grocers and CPGs around the world use MyWebGrocer's platform to power all aspects of their digital strategy – from e-commerce to marketing and engagement.
"Amid a fierce business climate, there seems to be no shortage of new and established companies that are unlocking a seemingly unlimited potential for growth and advancement through technology's continued disruption and proliferation across industries," said Sandra Shirai, principal, Deloitte Consulting LLP and U.S. technology, media and telecommunications leader. "It is inspiring to witness the innovative ways that companies are incorporating emerging technologies for business gains, be it cognitive computing, or the Internet of Things. We congratulate all those ranked on this year's Fast 500 and look forward to seeing their continued growth into 2016."
"Through the efforts and utilization of new and emerging technologies from these companies, we are witnessing greater business demands from across almost all industries," added Jim Atwell, national managing partner of the emerging company practice, Deloitte & Touche LLP. "We look forward to the opportunity to serve these companies as they strive to grow to the next level – be it towards introducing new solutions or entering new markets – and with it make important and long lasting impressions on the technology market as a whole."
About Deloitte's 2015 Technology Fast 500™
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 2011 to 2014.
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 or CD, and current-year operating revenues of at least $5 million USD or CD. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
MyWebGrocer offers the only complete Digital Experience Platform for grocers and Consumer Packaged Goods brands. The platform powers every interaction to engage, transact and retain grocery shoppers through digital offerings ranging from planning and shopping platforms to mobile and social tools. The company also offers opportunities for consumer packaged goods brands looking to reach consumers with relevant advertising, promotions and offers throughout their grocery path to purchase.
Founded in 1999, MyWebGrocer manages digital solutions for more than 130 retailers across the globe, representing more than 10,000 stores, and 500+ major consumer packaged goods brands. For more information, please visit www.MyWebGrocer.com, and connect with us on LinkedIn and Twitter.
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