PagerDuty Attributes Revenue Growth to Strong Customer Adoption of Its Real-time Operations Platform
SAN FRANCISCO – Nov. 19, 2018 – PagerDuty, a global leader in digital operations management, today announced it ranked No. 198 on Deloitte’s Technology Fast 500™, a ranking of the fastest-growing technology, media, telecommunications, life sciences and energy tech companies in North America. The recognition marks PagerDuty’s third consecutive appearance on the Technology Fast 500, which selects award winners based on percentage fiscal year revenue growth from 2014 to 2017.
“PagerDuty’s continued growth underscores the global need among organizations of all sizes for a real-time operations platform that mitigates digital disruption,” said PagerDuty CFO Howard Wilson. “We’re honored to be included on the Technology Fast 500 for the third year in a row and look forward to continuing to help our customers across the world achieve success from their digital transformation efforts.”
Since its inclusion on the 2017 Technology Fast 500, PagerDuty has continued to achieve rapid growth, spurred by strong customer adoption and continuous product innovation. To build on its market-leading real-time operations platform, the company launched a series of new products this year: PagerDuty Event Intelligence, PagerDuty Visibility and PagerDuty Analytics. It also surpassed 300 integrations in its partner ecosystem, expanded to 10,500 customers globally and secured $90 million in financing, positioning the company for future growth.
PagerDuty’s 2018 Technology Fast 500 recognition marks the latest honor it has received this year. The company was recently named to the Forbes 2018 Cloud 100 for the third consecutive year and named a Cool Vendor in the Cool Vendors in Digital Dexterity and AI for the Digital Workplace report by Gartner, Inc. In addition, Tejada and CTO and Co-founder Alex Solomon were named Entrepreneur Of The Year® 2018 in the Infrastructure & Operations category in Northern California.
“Congratulations to the Deloitte 2018 Technology Fast 500 winners on this impressive achievement,” said Sandra Shirai, vice chairman, Deloitte LLP, and U.S. technology, media and telecommunications leader. “These companies are innovators who have converted their disruptive ideas into products, services and experiences that can captivate new customers and drive remarkable growth.”
“Software, which accounts for nearly two of every three companies on the list, continues to produce some of the most exciting technologies of the 21st century, including innovations in artificial intelligence, predictive analytics and robotics,” said Mohana Dissanayake, partner, Deloitte & Touche LLP, and Industry Leader for technology, media and telecommunications, within Deloitte’s audit and assurance practice. “This year’s ranking demonstrates what is likely a national phenomenon, where many companies from all parts of America are transforming the way we do business by combining breakthrough research and development, entrepreneurship and rapid growth.”
PagerDuty is a leading digital operations management platform for organizations. Over 10,500 customers—including enterprises such as IBM, GE, Gap, Vodafone, American Eagle Outfitters, Pitney Bowes, Box, and ING—and small to midsize organizations around the world trust PagerDuty to improve digital operations, drive revenue, mitigate threats, protect assets, and delight customers. To learn more and try PagerDuty for free, visit www.pagerduty.com. Follow our blog and connect with us on Twitter, LinkedIn, YouTube and Facebook.
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 2014 to 2017.
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 USD, and current-year operating revenues of at least $5 million USD. 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.
Michael Basilio, PagerDuty
PagerDuty is a registered trademark of PagerDuty, Inc in the United States. All other trademarks are the property of their respective companies.