One of the world’s leading providers of Business Spend Management (BSM) solutions has been named amongst the top 500 fastest growing technology companies in the world.
Coupa announced in a statement this week that it has joined a long list of leading technology, media, life sciences and energy tech companies in Deloitte’s Technology Fast 500 2018.
The Technology Fast 500 list is a recognition of the fastest growing public and private companies across the technology ecosystem. The annual rankings, published by Deloitte, cover three regions and celebrates innovative, rapidly growing technology companies from all around the world.
Coupa’s chief executive officer, Rob Bernshteyn, credits the company’s focus on delivering real and measurable value to its growing list of global customers as a significant factor for the company’s revenue growth. He said, "We are pleased to have once again been named to Deloitte’s Technology Fast 500. This designation is further validation that our mission to empower businesses everywhere to spend smarter is working. With Coupa, our global customers are achieving greater visibility and control over their business spend and improving compliance and risk management. They’re building business spend management strategies and processes into their organizations that are delivering quantifiable business impact.”
“Congratulations to the Deloitte 2018 Technology Fast 500 winners on this impressive achievement,” said Sandra Shirai, vice chairman, Deloitte LLP, and U.S. technology, media and telecommunications leader. “These companies are innovators who have converted their disruptive ideas into products, services and experiences that can captivate new customers and drive remarkable growth.”
“Software, which accounts for nearly two of every three companies on the list, continues to produce some of the most exciting technologies of the 21st century, including innovations in artificial intelligence, predictive analytics and robotics,” said Mohana Dissanayake, partner, Deloitte & Touche LLP, and Industry Leader for technology, media and telecommunications, within Deloitte’s audit and assurance practice. “This year’s ranking demonstrates what is likely a national phenomenon, where many companies from all parts of North America are transforming the way we do business by combining breakthrough research and development, entrepreneurship and rapid growth.”