Attributes 249% revenue growth to healthcare’s movement toward digital transformation, fueled by the public cloud.
AUSTIN, Texas (Nov. 18, 2020) — ClearDATA®, the leader in healthcare public cloud security, compliance and privacy, today announced it ranked number 382 on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences and energy tech companies in North America now in its 26th year. ClearDATA grew 249% during this period.
ClearDATA Chief Executive Officer, Darin Brannan, credits digital transformation and rapid cloud adoption by healthcare providers, insurance companies, healthcare IT and life sciences organizations for the company’s 249% revenue growth. He said, "As the healthcare industry accelerates its adoption of advanced cloud-based technologies to support evolved priorities like virtual care and remote health monitoring, the burden of compliance and security increases tenfold. While the industry we serve grapples with unprecedented costs and strained resources in the face of Covid-19, Deloitte’s recognition is a reminder that it’s our privilege to support customers by protecting their sensitive patient data so they can maintain a laser focus on providing the highest standards of patient care.”
“For more than 25 years, we’ve been honoring companies that define the cutting edge and this year’s Technology Fast 500 list is proof positive that technology — from software and digital media platforms, to biotech — truly does permeate so many facets of our lives,” said Paul Silverglate, vice chairman, Deloitte LLP and U.S. technology sector leader. “We congratulate this year’s winners, especially during a time when innovation is needed more than ever to address the monumental challenges posed by the pandemic.”
“Each year the Technology Fast 500 listing validates how important technology innovation is to our daily lives. It was interesting to see this year that while software companies continued to dominate, biotech companies rose to the top of the winners list for the first time, demonstrating that new categories of innovation are accelerating in the pursuit of making life easier, safer and more productive,” said Mohana Dissanayake, partner, Deloitte & Touche LLP, and industry leader for technology, media and telecommunications, within Deloitte’s audit and assurance practice. “We extend sincere congratulations to these well-deserved winners — who all embody a spirit of curiosity, and a never-ending commitment to making technology advancements possible.”
To learn more about how ClearDATA is making healthcare better every single day, visit https://www.cleardata.com.
About Deloitte’s 2020 Technology Fast 500™
Now in its 26th year, Deloitte’s Technology Fast 500 provides a ranking of the fastest-growing technology, media, telecommunications, life sciences and energy tech companies — both public and private — in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2016 to 2019.
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 $US50,000, and current-year operating revenues of at least $US5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
Healthcare professionals across the globe trust the ClearDATA HITRUST-certified cloud platform and services to safeguard their sensitive data and power their critical applications available across the major public cloud platforms. Healthcare organization customers receive one of the most comprehensive Business Associate Agreements (BAA) in the industry, combined with market-leading healthcare-exclusive security and compliance solutions and multi-cloud expertise. ClearDATA’s innovative platform of solutions and services protects customers from data privacy risks, improves data management and scales their healthcare IT infrastructure, enabling them to focus on improving healthcare delivery, every single day. For more information, visit ClearDATA at www.cleardata.com.
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