Shelton, CT - 3Gtms, LLC, a global provider of Tier 1 transportation management software (TMS), today announced it ranked 177 on Deloitte’s Technology Fast 500, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America now in its 25th year. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2015 to 2018. 3Gtms grew 633 percent during this period.
3Gtms’s chief executive officer, Mitch Weseley, says the 633 percent revenue growth can be attributed to the ability of 3Gtms’ transportation management system, 3G-TM, to deliver capabilities that traditional TMSs have struggled to offer. He said, “3Gtms has shattered assumptions about what a TMS can do. 3G-TM delivers true optimization capabilities that save our customers money; a unique rating engine that dynamically factors in constraints; and the ability to self-configure that gives customers the freedom from consulting contracts. We’re redefining what a TMS can accomplish for shippers, 3PLs, and brokers – and our unmatched customer retention and satisfaction rates reflect that.”
“As technology innovation trends towards ‘everything as a service,’ it’s no surprise that software companies dominate the winners list yet again this year,” said Mohana Dissanayake, partner, Deloitte & Touche LLP, and industry leader for technology, media and telecommunications, within Deloitte’s audit and assurance practice. “What’s exciting about celebrating 25 years of the Tech Fast 500 is we now have a quarter century of innovation stories to draw and reflect upon. These are the companies that push boundaries, help organizations become more efficient and productive, and ultimately enable businesses to drive growth and revenue. We congratulate all the well-deserving winners.”
Overall, 2019 Technology Fast 500 companies achieved revenue growth ranging from 166 percent to 37,458 percent from 2015 to 2018, with median growth of 439 percent.