AUSTIN, TX — (Marketwired) — 11/17/14 — One Source Networks (OSN) announced today that it has been ranked 160th on Deloitte–s Technology Fast 500, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. OSN grew 676 percent during this period.
“The companies ranked on the 2014 Deloitte Technology Fast 500 continue to set the bar for their industry higher each year,” said Eric Openshaw, vice chairman, Deloitte LLP and U.S. technology, media and telecommunications leader. “There are so many exciting products and smart thought leaders driving this list. We congratulate the Fast 500 companies and look forward to seeing them continue their momentum into 2015.”
One Source Networks– chief executive officer, Ernest Cunningham, credits the company–s people, processes and infrastructure investments with its 676 percent revenue growth. “We are very pleased to be recognized on Deloitte–s 2014 Technology Fast 500 list,” stated Mr Cunningham. “This accomplishment is largely a result of our initiatives to deliver innovative solutions that enable our enterprise customers with a competitive advantage.”
“For 20 years, the Deloitte Fast 500 rankings have honored the innovation that is part of these companies– DNA,” added Jim Atwell, national managing partner of the emerging growth company practice, Deloitte & Touche LLP. “We–re glad to be serving these high-growth companies, and helping the technology sector recognize the great strides and transformation these companies are making in their respective areas.”
One Source Networks is a leading provider of innovative managed communications solutions for the Fortune 1000. Delivering ubiquitous access to cloud-based voice, video, security and computing applications, as well as enterprise networking and infrastructure services, the company offers customizable, cost-effective and scalable solutions delivered on its fully redundant global network infrastructure with interconnection to more than 200 global suppliers. The OSN difference is simplicity, cost reduction and customer service focus that delivers all solutions under one contract, one team and one invoice. One Source Networks is a four-time winner of the Inc. 500 | 5000 award, which highlights America–s fastest-growing private companies.
Technology Fast 500, conducted by Deloitte LLP, provides a ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies — both public and private — in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2009 to 2013.
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 five years and be headquartered within North America.
Elizabeth Doten
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