AUSTIN, TX – November 19,2020 – Eagle Eye Networks, the global leader in cloud video surveillance, earned position number 187 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 26th year. As the number one provider of video surveillance solutions for the second year in a row, Eagle Eye earned the number nine overall spot in the category of Electronic Devices/Hardware. Eagle Eye Networks grew a remarkable 652 percent from 2016 through 2019.
“The combination of our true cloud video surveillance platform with powerful analytics and artificial intelligence is dramatically reshaping video surveillance; improving safety, security, operations, and customer service for businesses around the world,” said Dean Drako, Eagle Eye Networks Founder and CEO. “We pioneered the video surveillance industry’s move to the cloud, and the addition of AI applications will drive the industry’s next transformation and our continued growth. Our rise is a testament to our leadership and ability to deliver what the industry needs and wants. We are transforming security and business operations in the same way self-driving and electric cars are transforming transportation.”
“For more than 25 years, we’ve been honoring companies that define the cutting edge and this year’s Technology Fast 500 list is proof positive that technology — from software and digital media platforms, to biotech — truly does permeate so many facets of our lives,” said Paul Silverglate, vice chairman, Deloitte LLP and U.S. technology sector leader. “We congratulate this year’s winners, especially during a time when innovation is needed more than ever to address the monumental challenges posed by the pandemic.”
“Each year the Technology Fast 500 listing validates how important technology innovation is to our daily lives. It was interesting to see this year that while software companies continued to dominate, biotech companies rose to the top of the winners list for the first time, demonstrating that new categories of innovation are accelerating in the pursuit of making life easier, safer and more productive,” said Mohana Dissanayake, partner, Deloitte & Touche LLP, and industry leader for technology, media and telecommunications, within Deloitte’s audit and assurance practice. “We extend sincere congratulations to these well-deserved winners — who all embody a spirit of curiosity, and a never-ending commitment to making technology advancements possible.”
Eagle Eye Networks previously ranked number 133 as a Technology Fast 500™ award winner in 2019.
ABOUT DELOITTE’S 2020 TECHNOLOGY FAST 500™
Now in its 26th 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 2016 to 2019.
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 $US50,000, and current-year operating revenues of at least $US5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
