Posted: 13 Dec 2017
Mindfields attributes its 519% Percent Revenue Growth to the hard work of their rapidly expanding team and their clients for putting their trust in Mindfields’ capabilities.
Sydney, Australia, 13/12/17 - Mindfields today announced that it ranked Number 94 on the Deloitte Technology Fast 500™ Asia Pacific 2017, a ranking of the 500 fastest growing technology companies in Asia Pacific. Rankings are based on percentage revenue growth over three years. Mindfields grew 519% percent during this period. Mindfields’s MD, Mohit Sharma, credits his team’s ability to think innovatively to disrupt traditional consulting services with the company’s 519% revenue growth over the past three years. He said, “our constant self-disruption with value for money propelled our growth and it is just a start”.
"Making the Deloitte Technology Fast 500™ is commendable in today’s highly competitive, fast-changing technology industry," said Toshifumi Kusunoki, DTTL Leader, Deloitte Technology Fast 500™ Asia Pacific program. "We congratulate Mindfields on being one of the 500 fastest growing technology companies in the region."
Overall, companies that ranked on the Deloitte Technology Fast 500™ Asia Pacific 2017 program had an average growth rate of 600 percent—the highest average growth rate since 2008.
Deloitte Technology Fast 500™ Asia Pacific selection and qualifications
The Technology Fast 500™ list is compiled from the Deloitte Asia Pacific Technology Fast 50 programs, nominations submitted directly to the Technology Fast 500™, and public company database research. To qualify for the Technology Fast 500™, entrants must have had base-year operating revenues of at least US$ 50,000. Entrants must also be public or private companies headquartered in Asia Pacific and must be a “technology company,” defined as a company that develops or owns proprietary technology that contributes to a significant portion of the company's operating revenues; or manufactures a technology-related product; or devotes a high percentage of effort to the research and development of technology. Using other companies' technology in a unique way does not qualify.