News
Digital Management Ranked Number 371 Fastest Growing Company in North America on Deloitte's 2008 Technology Fast 500
Bethesda, MD—December 11, 2008—Digital Management, Inc. (www.digitalmanagement.com), an IT strategy and solutions company focused on delivering transformational solutions to Federal agencies, today announced that it ranked number 371 on Deloitte's 2008 Technology Fast 500, a ranking of the 500 fastest growing technology, media, telecommunications and life sciences companies in North America. Rankings are based on percentage of fiscal year revenue growth over five years, from 2003-2007. Digital Management, Inc. grew 366 percent during this period.
Digital Management's CEO, Jay Sunny Bajaj, credits innovation and client service with the company's 366 percent revenue growth over the past five years. "To achieve aggressive growth, you've got to consistently deliver high value and high quality to your clients. It's this consistent focus on innovation and quality service that has enabled us to enter the Fast 500 this year at #371 and rank 138th among the 176 software and IT services companies included in the Fast 500 ranking. We're extremely proud of this accomplishment and look forward to providing continually increasing value to our clients as we continue to grow."
"Each company on Deloitte's Technology Fast 500 is an innovator with an exceptional five-year track record of growth," said Phil Asmundson, Deloitte LLP vice chairman and national managing partner for Technology, Media and Telecommunications. "Digital Management has earned its position among the fastest growing companies in North America, and we are proud to honor this important accomplishment."
In addition to ranking on Deloitte's Technology Fast 500, Digital Management ranked 17 on the Maryland Technology Fast 50, which is a ranking of the 50 fastest growing technology firms in Maryland.
Fast 500 Selection and Qualifying Criteria
The Fast 500 ranks the fastest growing technology, media, telecommunications and life sciences companies in North America. It is compiled from Deloitte's regional North American Fast 50 programs, nominations submitted directly to the Fast 500, and public company database research. Companies are selected based on percentage revenue growth from 2003 to 2007.
Entrants must own proprietary intellectual property or proprietary technology that contributes to a significant portion of the company's operating revenues or devote a significant proportion of revenues to research and development of technology. Using other companies' technology or intellectual property in a unique way does not qualify. Base-year operating revenues must be at least $50,000 USD or $75,000 CD, and current-year operating revenues must be at least $5 million USD or CD. Companies must be in business a minimum of five years, and they must be headquartered within North America. Companies from the nine regional Technology Fast 50 programs in the United States and Canada are automatically entered in Deloitte's Technology Fast 500 program, which ranks North America's top 500 fastest growing technology, media, telecommunications and life sciences companies. For more information on Deloitte's Technology Fast 50 or Technology Fast 500 programs, visit www.fast500.com.
About Digital Management
Digital Management is an information technology strategy and solutions company focused on providing solutions that enable Federal agencies to deliver on the promise of Transformation. We transform Government operations by dependably bridging the gap between business strategy and mission success. We see technology as an efficient, economical means to an end and are dedicated to crafting the solutions that result in an increasingly interoperable, responsive, and cost-effective government. Digital Management provides transformational services and solutions in Strategic Consulting, Systems Development, IT Infrastructure Services, and Information Assurance. Digital Management is an SBA-certified, minority-owned, 8(a) small business.
Contact:
Andrew J. Musliner
240.223.4809 (office)