TeamSpirit Inc Wins Deloitte Technology Fast 500 Award (APAC) For 5 Consecutive Years
Based on our revenue growth rate of 135.5%, TeamSpirit ranked 11th on all 21 Japanese SaaS companies that made it to the 2020 Deloitte Technology Fast 500 Award list.
Last week, we received the great news that TeamSpirit was awarded the Deloitte Technology Fast 500 award for the fifth consecutive term since 2016, a testimony to our remarkable revenue growth.
The Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth during the period from 2017 to 2019 (or 2018 to 2020 for a financial year ending between January and June).
Eligibility for the Technology Fast 500 requires that companies 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 US$50,000. Additionally, companies must be in business for a minimum of three years, and be headquartered within Asia Pacific. This ranking is compiled from nominations submitted directly to the Technology Fast 500 program, and public company database research.
“We are very honored to receive the 19th Deloitte’s Asia Pacific Technology Fast 500 award for the 5th consecutive year. We recently celebrated the 10th anniversary of our TeamSpirit solution in March 2011. In addition, we also announced a new product “Team Spirit EX” for enterprises on 4th of March this year. For the next 10 years, we will continue to strive to contribute to new work style reforms according to our mission to “Make Everyone an Innovator”. “
-Koji Ogishima, president and founder of TeamSpirit Inc.
The main reason why TeamSpirit achieved a revenue growth rate of 135.5% in 2020 is because we helped increase productivity for many workers in Japan during the pandemic period, as more of them worked from home because of COVID-19.
TeamSpirit advocates workstyle reforms and remote work support and seeks to promote digital transformation in companies, especially via legacy migration. In Deloitte’s “2020 Japan Technology Fast 50” that was announced last year in December 2020, TeamSpirit also achieved 20th out of 50th place.
About the Deloitte Technology Fast 500™
The Deloitte Technology Fast 500 Asia Pacific is the pre-eminent technology awards program in Asia Pacific, and now in its nineteenth year, it includes ten Asia Pacific locations: Australia; China (including Hong Kong); India; Indonesia; Japan; South Korea; Malaysia; New Zealand; Singapore and Taiwan. Combining technological innovation, entrepreneurship and rapid growth, Technology Fast 500 companies—large, small, public, and private—span a variety of sectors, and are leaders in software and hardware tech sectors, media, communications and life sciences and emerging areas, such as clean technology. These companies are transforming the way business is done today.