New Delhi, India (December 15, 2006) - NetEdge Computing Global Solutions Pvt. Ltd was recently ranked 345th by Deloitte Touch Tohmatsu (DTT) under the Technology Fast 500 Asia Pacific Ranking 2006 and recorded a 3 year growth of 146.68%. This year, 262 private companies and 238 public companies were ranked in the Deloitte Technology Fast 500 Asia Pacific 2006 program.
"When we won the award for the Deloitte Top 50 companies in India , we knew this was a stepping stone and we had a good chance to win in the Fast 500 Asia Pacific Ranking by Deloitte. Getting awarded twice in the year, first at a national level and then at an International level has definitely been a rewarding and encouraging experience for all the efforts we have put in. We look forward to serving our customers better in 2007 and appreciate the credibility and prestige this award brings to our Company", said Dr. Manoj Saxena , CEO, NetEdge Computing.
The Deloitte Technology Fast 500 Asia Pacific program recognizes technology companies that have achieved the fastest rates of annual revenue growth in Asia Pacific during the past three years. It includes companies based in Australia, China, Hong Kong SAR, India, Indonesia, Japan, Macau SAR, Malaysia, Philippines, New Zealand, Singapore, South Korea, Taiwan, Thailand and Vietnam. The program also profiles the top 500 Asia Pacific companies, both public and private, based on percentage revenue growth over three years.
Semiconductor, Components and Electronics companies retained the Industry sector top spot, representing 24.5% of Asia Pacific winning companies and Software companies representing 24.6% were a close second. India once again provided the largest number of Software companies (27) in the ranking, followed by China (21) and Korea (20). Japan contributed the largest number of Internet Companies (30), followed by Australia (23).
The best growth opportunities for Asia Pacific based companies are largely seen to be in the regional marketplace (65.4%). The technology Industry sub-segment that promises the greatest potential growth for the next 12 months are: Internet/IP-related (23.1%), Wireless Communications Service (22.1%), Semiconductors, components and electronics (11.1%), Off-shoring services and infrastructure (8.2%), Technology Outsourcing (6.7%) and Business Software (6.7%).
Source of Statistical Data: Deloitte Touche Tohmatsu
NetEdge Computing Solutions Pvt. Ltd. has been offering innovative IT products and services, at accessible price points to clients across the globe since 1992. Its corporate umbrella supports five business initiatives; a product portfolio that features over six applications as well as a suite of IT services. NetEdge is headquartered in New Delhi , India , with offices in U.K, Thailand and U.S.A.
For more information contact:
Manager, Corporate Communications and Branding
NetEdge Computing Solutions Pvt. Ltd.
(0120) 473 0500