Contact Center Industry News

TMCNet:  Coupa Software Recognized as a Fastest Growing Company on Deloitte's 2012 Technology Fast 500™

[November 14, 2012]

Coupa Software Recognized as a Fastest Growing Company on Deloitte's 2012 Technology Fast 500™

SAN MATEO, Calif. --(Business Wire)--

Coupa Software, the leader in cloud-based spend optimization software, today announced it ranked No. 115 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. Coupa was recognized for its phenomenal growth rate of 1,006 percent from 2007 to 2011.

Rob Bernshteyn, CEO of Coupa, credits its platform, people and processes, along with the company's winning revenue growth as the primary factors contributing to its ranking.

"Coupa's stellar performance and record growth is a testament to a platform that is truly cloud-based and built on Ruby on Rails, which allows for rapid innovation and accelerated time-to-value. Additionally, the people at Coupa are passionate about spend optimization and are key to our approach, which is myopically focused on customer success," said Bernshteyn.

Overall, 2012 Technology Fast 500™ companies achieved revenue growth ranging from 128 percent to 279,684 percent from 207 to 2011, with an average growth of 2,774 percent.

Coupa's inclusion on Deloitte's (News - Alert) Fast 500™ comes on the heels of several other prestigious recognitions, including the 2012 TMC Labs Innovation Awards in which Coupa was honored for transforming the procurement industry, as well as its most recent recognition from The Wall Street Journal as the "Next Big Thing," recognizing Coupa as a top 50 start-up.

About Deloitte's 2012 Technology Fast 500™

Technology Fast 500, conducted by Deloitte & Touche LLP, provides a ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies - both public and private - in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2007 to 2011.

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 or CD, and current-year operating revenues of at least $5 million USD or CD. Additionally, companies must be in business for a minimum of five years, and be headquartered within North America.

About Coupa Software (News - Alert)

Founded in 2006, Coupa Software is the fastest-growing provider of cloud-based spend optimization software. More than 250 customers in 40 countries use Coupa purchasing and procurement software to amplify their spend power and reduce spending costs up to 11 percent. Only Coupa provides a true-cloud procurement application that enables customers to launch the solution rapidly and quickly realize significant savings. Learn more at: or call 650.931.3200. Read more at our company blog, Making Cents, or follow @Coupa on Twitter (News - Alert).

[ Back To Cloud Contact Center's Homepage ]


Featured Resources

Featured Report
Millennial Research on Customer Service Expectations

Millennial Research on Customer Service Expectations

The "why" behind this research is simple: our clients recognize that different generations bring different expectations, varied communication preferences and new customer service patterns to the customer experience...
Featured Report
Optimizing the Customer Experience through Cloud Contact Centers

Optimizing the Customer Experience through Cloud Contact Centers

Adoption of cloud contact centers is on the rise. Findings from Aberdeen's January 2014 'Public Cloud vs. On-Premise: How to More Effectively Deploy a Cloud Center' study shows that 31% of contact centers are deployed in the cloud, and our related blog post highlights that companies anticipate their adoption of cloud technology to rise further throughout 2014...
Featured Report
Aberdeen report

Aberdeen Report: Cloud for Mid-Sized Contact Centers – What You Must Know

Cloud Technology is opening new doors for many businesses. However, it does so only when it's combined with the use of best practices and key technology enablers. This document highlights the adoption of cloud technology by mid-size contact centers and illustrates the reasons driving their investments...
Featured Whitepaper
Aberdeen report

Seven Critical Capabilities to Demand From Your Cloud Contact Center Provider

To deliver a world-class customer experience, your contact center must be flexible and reliable, while providing all the tools agents and supervisors need to manage their workflows. Here are seven critical capabilities to look for when deploying a contact center in the cloud...
Featured Webinar

Contact Center Economics and the Cloud

Together, Bob and Drew will help you understand the economic value of upgrading technology, important business and financial considerations, and how to compare total cost of ownership of a premises vs. cloud or hosted solution. Watch the webinar on-demand now...
Featured Datasheet
Zipwire Cloud Contact Center

Zipwire Cloud Contact Center

The appeal of moving services to the cloud is obvious. Cloud services offer reliability and robust feature sets without the need to implement or maintain complex contact center infrastructure. The Zipwire™ cloud-based contact center allows businesses to leverage the flexibility and cost savings of cloud architecture while offering a seamless, first-class customer experience...