Elemental Technologies Ranked Number 26 Fastest Growing Company in North America on Deloitte’s 2013 Technology Fast 500™

Comments Off | 11-14-2013

Portland, Ore. – November 13, 2013 – Elemental Technologies, the leading supplier of video solutions for multiscreen content delivery, today announced it ranked 26 on Deloitte’s Technology Fast 500, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America.

Elemental revenues grew 9,482 percent during the period. It was the most highly ranked company in Oregon on this years’ list and the ninth most highly ranked software company overall. The software sector is comprised of 241 companies.

In fiscal 2012, Elemental doubled its annual revenue, doubled its headcount and grew its customer base to more than 250 media franchises across nearly 40 countries. The company’s growth is driven by trends in viewing behavior as consumers increasingly shift to watching streaming video on connected TVs, computers, tablets, smart phones and other IP devices.

“Elemental has proven technology deployed with premier media brands around the world,” said Keith Wymbs, VP marketing at Elemental. “We credit the rapid revenue growth recognized by Deloitte to the technology leadership exemplified through the flexible and unified software architecture that comprises our product line along with rapid market expansion and adoption of our video processing solutions, particularly by pay TV operators for live linear delivery of broadcast content on connected devices.”

Today, Elemental serves more than 300 leading media franchises worldwide, including the BBC, Comcast, ESPN, Eurosport, Foxtel, HBO, NHK, Telefónica and Warner Bros. with video processing technology that supports innovative multiscreen initiatives. Customer applications range from the conversion of large content libraries for online viewing to live video streaming of the largest and most recognizable sporting events on the planet, including the upcoming Winter Games in Sochi.

Overall, 2013 Technology Fast 500™ companies achieved average revenue growth of 2,600 percent from 2008 to 2012.

About Elemental

Elemental Technologies is the leading supplier of video solutions for multiscreen content delivery. Founded in 2006 and headquartered in Portland, Oregon, the company pioneered the use of graphics processors to power adaptive video streaming over IP networks. Providing unmatched solutions for more than 300 leading media franchises worldwide, Elemental helps pay TV operators, content programmers, film studios and sports broadcasters bring video to any screen, anytime – all at once. The company has offices in the United States, the United Kingdom, Hong Kong, Singapore, Japan, China, Russia, India and Brazil. To learn more, please visit www.elementaltechnologies.com and follow @elementaltech on Twitter.

  • Facebook
  • LinkedIn
  • MySpace
  • Twitter
  • Yahoo! Buzz
Tags: , , , , , , , , , , ,
Posted in General |

Comments are closed.