Originally published here in PR Newswire
NASHVILLE, Tenn., Nov. 8, 2023 /PRNewswire/ -- XOi, a leading provider of technician-focused technology solutions, ranks 490th on the Deloitte Technology Fast 500™, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America, now in its 29th year.
"At XOi, we're committed to delivering transformational digital solutions to the skilled trades, which have traditionally been underserved by technology," said Aaron Salow, founder and CEO of XOi. "Our continuing fast growth demonstrates how urgent our mission is. We're proud of this recognition, but we're also focused on continuing to equip skilled trades workers with the tools they need to ensure we all have the electrical, plumbing, and heating and cooling services that keep us safe and comfortable."
XOi provides field service contractors and their teams the premier tool for managing and leveraging data from current jobs as well as historical projects, including powerful data collection, virtual support and mentoring, and real, actionable insights.
"Each year I look forward to reviewing the progress and innovations of our Technology Fast 500 winners as these companies truly demonstrate how important new ideas are to progressing our society and the world, especially during difficult times," said Paul Silverglate, vice chair, Deloitte LLP and U.S. technology sector leader. "While software and services and life sciences continue to dominate the top 10, I'm encouraged to see other categories making their mark. Congratulations to all the winners who show us how creativity, hard work and perseverance can lead to success."
Overall, 2023 Technology Fast 500 companies achieved revenue growth ranging from 206% to 222,189% over the three-year time frame, with an average growth rate of 2,051% and median growth rate of 524%.
"As a growing company, it's always rewarding to be recognized for the ongoing commitment it takes to navigate obstacles, transform when necessary and ultimately create a thriving business," said Christie Simons, partner, Deloitte & Touche LLP and industry leader for technology, media and telecommunications within Deloitte's audit and assurance practice. "Over the nearly 30 years we've been compiling the Technology Fast 500 we've seen new categories emerge, growth rates explode, and certain regional markets shine from the bright talent they attract. We are proud of all the winners for achieving this well-deserved honor."