Apollo Video Technology Among Fastest Growing Companies in North America on Deloitte’s 2017 Technology Fast 500™
Attributes 164 Percent Revenue Growth to creating the best solutions for transit bus and rail
Bothell, Washington, November 9, 2017 — Apollo Video Technology today announced it ranked 455th 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. Apollo Video Technology grew 164 percent during this period.
Apollo Video Technology’s chief executive officer, Rodell Notbohm, credits innovation and teamwork with the company’s 164 percent revenue growth. “The team here is committed to creating the best solutions for transit bus and rail agencies throughout North America,” said Mr. Notbohm. “Our mission from day one has been to provide the most innovative and reliable transportation solutions to protect client assets, and promote efficiency and safety for public service. We work closely with transit providers to help them meet their goals, and to provide intelligence, safety and efficiency to transit.”
“The Deloitte 2017 North America Technology Fast 500 winners underscore the impact of technological innovation and world class customer service in driving growth, in a fiercely competitive environment,” said Sandra Shirai, vice chairman, Deloitte Consulting LLP and U.S. technology, media and telecommunications leader. These companies are on the cutting edge and are transforming the way we do business. We extend our sincere congratulations to all the winners for achieving remarkable growth while delivering new services and experiences for their customers.”
“Emerging growth companies are powering innovation in the broader economy. The growth rates delivered by the companies on this year’s North America Technology Fast 500 ranking are a bright spot for the capital markets and a strong indicator that the emerging growth technology sector will continue to deliver a strong return on investment,” said Heather Gates, national managing director of Deloitte & Touche LLP’s emerging growth company practice. Deloitte is dedicated to supporting the best and brightest companies of the future in the emerging growth company sector. We are proud to acknowledge the significant accomplishments of this year’s Fast 500 winners.”
Overall, 2017 Technology Fast 500™ companies achieved revenue growth ranging from 135 percent to 59,093 percent from 2013 to 2016, with median growth of 380 percent.
About Deloitte’s 2017 Technology Fast 500™
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 2013 to 2016.
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, and current-year operating revenues of at least $5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as “Deloitte Global”) does not provide services to clients. In the United States, Deloitte refers to one or more of the U.S. member firms of DTTL, their related entities that operate using the “Deloitte” name in the United States and their respective affiliates. Certain services may not be available to attest clients under the rules and regulations of public accounting. Please see www.deloitte.com/about to learn more about our global network of member firms.
About Apollo Video Technology
Apollo Video Technology provides innovative transportation information, management, safety, and security solutions. The RoadRunner™ mobile video and audio recording system provides exceptional quality with management software optimized for wireless downloading and live video streaming.
Renowned for reliability, durability and ease of use, Apollo Video solutions improve accessibility of data and deliver streamlined, fleet-wide management of video surveillance and on-board equipment to reduce liability, mitigate risk and improve efficiency, while reducing maintenance and operating costs. Apollo Video is unique in the industry, providing software interoperability and compatibility across multiple generations of hardware.
Apollo Video has been ranked the No. 1 supplier of transit bus mobile video surveillance equipment in the Americas since 2010 — an achievement that further supports the Company’s commitment to offer its customers superior, compatible solutions throughout the lifetime of their fleet.
In 2017, the Company partnered with Luminator Technology Group. Recognized globally for delivering state-of-the-art passenger information systems and vital transportation solutions, the collaboration with LTG enhances integration, product and technology offerings to better serve existing and future customers.
Since its release in 2004, Apollo Video has supplied the RoadRunner system to over 400 agencies worldwide, representing more than 30,000 total implementations.
Follow Apollo Video Technology on Twitter: @ApolloVideo.