Google was named the fastest growing technology company in North America, topping the 2004 Deloitte Technology Fast 500, a ranking of the fastest growing technology companies in North America based on percentage revenue growth over five years (fiscal year revenues 1999-2003) by Deloitte & Touche.
Google had a revenue growth rate over five years of 437,115 percent, moving from revenues of $220,000 in 1999 to $961,874,000 in 2003. Based in Mountain View, Calif., Google is a search engine firm that has become a household name. This is its first appearance on the Fast 500 ranking.
“Google tops a list of companies that are proving the resilience of the technology sector,” said Mark Evans, managing partner of Deloitte’s Technology, Media & Telecommunications Group. “With growth percentages ranging from 329 to 437,115 percent, the Fast 500 winners have demonstrated an ability to perform in difficult conditions.”