SAN FRANCISCO, Nov. 26, 2021 (GLOBE NEWSWIRE) — Rescale, the leading hybrid cloud high performance computing (HPC) platform enabling intelligent computing for digital R&D, today announced that it has been named to Deloitte’s 2021 Technology Fast 500™, a ranking of the 500 fastest growing — public and private — technology, media, telecommunications, life sciences and energy tech companies in North America. The ranking is now in its 27th year and award winners for 2021 are selected based on percentage fiscal year revenue growth during the period from 2017 to 2020. According to Deloitte, Rescale has achieved 592% growth in revenue over the last three years and continues to see the growth of cloud HPC accelerate in 2021.
“We are honored to be recognized by Deloitte for our explosive growth by successfully empowering engineers and scientists to solve some of the biggest challenges the world faces today,” said Joris Poort, CEO and founder of Rescale. “Businesses are increasingly dealing with more complex product development and business processes. Our platform helps our customers meet the demand for more specialized hardware, faster and easier access to the latest computing resources, applications plus artificial intelligence/machine learning-capable computation to scale to support these new workloads.”
About Deloitte’s 2021 Technology Fast 500™
Now in its 27th 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 2017 to 2020. 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 $50,000, and current-year operating revenues of at least $5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
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.
Rescale (@rescaleinc) is the leading intelligent computing platform for digital R&D. With AI-enabled automation, Rescale empowers organizations to achieve engineering breakthroughs faster and more efficiently through automation, performance optimization, and R&D collaboration. Over 400 customers from startups to Fortune 50 enterprises use Rescale to accelerate design cycles and commercialize new product innovations. Rescale empowers scientists and engineers outcome-based SLA’s, while providing enterprise IT & HPC teams policy-based security and control on their cloud infrastructure of choice.