For second consecutive year, Buildertrend recognized as one of America’s fastest-growing companies by Deloitte’s 2020 Technology Fast 500™
Nebraska-based construction software company grows revenue 213% since 2016
Omaha, Neb. (Nov. 18, 2020)— Buildertrend – the No. 1 construction project management software trusted by homebuilders, remodelers and specialty contractors across the globe – today announced it was named to 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.
This is the second consecutive year Buildertrend has been recognized. Over the past four years, the Nebraska-based company achieved revenue growth of 213% to become the leading platform for real-time collaboration throughout each and every stage of the building process. More than 1 million users in more than 100 countries have chosen Buildertrend as their solution to reduce delays, eliminate communication errors and increase client satisfaction across nearly 3 million projects.
“The past few years have brought about tremendous growth for Buildertrend, and we’re honored to be included among other prestigious industry leaders for the second consecutive year,” said Dave Hinderaker, chief financial officer.
“Our success has been fueled by the support of our customers and the tireless work of our employees. We’ll continue to push the evolution of construction by always improving our product and providing contractors and their businesses a digital system that streamlines processes across the board.”
Buildertrend is constantly introducing new and innovative features to support teams throughout every stage of construction – from pre-sales to project management. This last year serves as a testament to that. The Buildertrend development team began the largest-ever update to its product by replacing legacy code with a modern code base that improves speed and user experience.
“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.”
Overall, 2020 Technology Fast 500™ companies achieved revenue growth ranging from 175% to 106,508% from 2016 to 2019, with median growth of 450%.
To learn more about Buildertrend’s innovative and award-winning platform, visit buildertrend.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.
Buildertrend is the No. 1 cloud-based project management software tool used by homebuilders, remodelers and specialty contractors. Since 2006, more than 1 million users across more than 100 countries have chosen Buildertrend as their preferred platform for real-time collaboration throughout each stage of the construction process. To learn more about Buildertrend, visit buildertrend.com and @buildertrend.
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as “Deloitte Global”) does not provide services to clients. In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the “Deloitte” name in the United States and their respective affiliates. Certain services may not be available to attest clients under the rules and regulations of public accounting. Please see www.deloitte.com/about to learn more about our global network of member firms.
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