Market leader attributes 243% revenue growth to innovative platform that further enhances revenue management and monetization, enterprise customer growth and international market expansion
BillingPlatform, the enterprise monetization platform for today’s innovative business models, today announced it was listed for the third consecutive year on the Deloitte Technology Fast 500™, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech and energy tech companies in North America. BillingPlatform grew 243% over the last three years.
BillingPlatform’s CEO, Dennis Wall, credits platform innovations, large enterprise customer wins and international market expansion for the company’s 243% revenue growth. He said, “We’re incredibly proud to be recognized by Deloitte as a Fast-Growing company for the third straight year. Our team works tirelessly to bring the best revenue management and monetization capabilities to our customers, and as a result of increased demand, we’ve also significantly expanded our operations into Europe and Asia to better support our global base of enterprise customers.”
With recent wins with Tipalti, Emburse, Vantage Towers, InComm Payments and other major customers, BillingPlatform is the only enterprise billing and revenue management solution on the market that enables enterprises to monetize any type of product offering, from simple subscriptions to sophisticated usage-based pricing models and everything in between. BillingPlatform provides full lifecycle support of the quote-to-cash process – all on a secure, next-generation cloud platform. The unparalleled flexibility of the platform puts enterprises in control of how they differentiate in the market, maximize profitability, reduce operational costs and improve the customer experience.
“As the past year has shown us, innovation in important areas such as life sciences is critical to addressing infectious disease and other global health issues,” said Paul Silverglate, vice chair, Deloitte LLP and U.S. technology sector leader. “In addition, technology must keep pace with ever-changing consumer and corporate demands for faster, safer and more efficient solutions to new societal challenges. Each year I am in awe of the immense talent the Technology Fast 500 rankings reveal, confirming the winners’ relentless pursuit of creativity and their ability to solve real-world problems that benefit us all.”
“This year’s Technology Fast 500 list is a true reflection of some of today’s most determined and inspiring pioneers who have prospered by anticipating what’s next, understanding what’s needed to succeed and driving creativity forward,” said Christie Simons, partner, Deloitte & Touche LLP and industry leader for technology, media and telecommunications within Deloitte’s audit and assurance practice. “Representing all facets of technology, the winners have shown they not only have the vision but can also expertly manage their companies through rapid growth. We congratulate each winner on their impressive achievements.”
BillingPlatform was previously recognized as a Deloitte Fast 500 company, ranking No. 381 in 2021 and No. 197 in 2020. In addition, BillingPlatform was recently named a Leader by IDC in its 2022 MarketScape for Enterprise-focused Subscription and Usage Management Applications as well as named to Constellation Research’s Smart Services Digital Monetization ShortList™ for 2022 and positioned as an Automated Revenue Management Market Leader by MGI Research based on an independent analysis of its product, management, strategy, finances and channels. The company was also listed No. 2,396 on the 2022 Inc. 5000, recognized as a silver award winner in the Best in Biz Awards Enterprise Product of the Year – Financial Software category and named a winner in the 2021 Colorado Companies to Watch list.