The 30th annual Deloitte North America Technology Fast 500™ ranking has been released, with TG Therapeutics, Inc. claiming the top spot. The list showcases the fastest-growing North American companies in various sectors, including software, fintech, and life sciences. TG Therapeutics saw an impressive growth rate of 153,625% from 2020 to 2023. The majority of the companies on the list are private, with 82% being privately held. Awardees were selected based on their revenue growth during the specified time frame.
Technology and software companies continue to dominate the list, making up 59% of the winners. Fintech companies surpassed life sciences companies this year, marking a shift in the industry landscape. Private companies showed strong performance, with the highest representation in the program’s history. The top 10 companies in the ranking include businesses from various sectors such as life sciences, fintech, and software and services.
The winners represent 39 states and provinces across North America, with California’s Bay Area leading the regional pack. Software and services companies have maintained their dominance for 29 consecutive years, with digital platforms and enterprise infrastructure leading the way. Fintech and life sciences ranked second and third, respectively. The overall median growth rate of the winners was 460%, showcasing the innovation and growth within the technology industry. The rankings highlight companies that are driving innovation and continuously evolving to meet the changing needs of the market.
Source
Photo credit www.prnewswire.com
