Westlake Village, CA | November 12, 2015 — Seven Lakes Technologies, an innovative enterprise software and solutions leader in the upstream oil and gas sector, today announced it ranked #162 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. Seven Lakes Technologies grew 507% percent during this period.
“We are honored to be included on a list of such impressive companies,” said Shiva Rajaopalan, Founder, President and CEO of Seven Lakes Technologies. “Seven Lakes Technologies has experienced tremendous growth over the last year thanks to our incredibly talented team and the successes our clients experienced using our technology. We are helping our oil and gas clients through this downturn with technology that allows them to make smarter production decisions, increase capital productivity and optimize cost performance.”
“Amid a fierce business climate, there seems to be no shortage of new and established companies that are unlocking a seemingly unlimited potential for growth and advancement through technology’s continued disruption and proliferation across industries,” said Sandra Shirai, principal, Deloitte Consulting LLP and U.S. technology, media and telecommunications leader. “It is inspiring to witness the innovative ways that companies are incorporating emerging technologies for business gains, be it cognitive computing, or the Internet of Things. We congratulate all those ranked on this year’s Fast 500 and look forward to seeing their continued growth into 2016.”
“Through the efforts and utilization of new and emerging technologies from these companies, we are witnessing greater business demands from across almost all industries,” added Jim Atwell, national managing partner of the emerging company practice, Deloitte & Touche LLP. “We look forward to the opportunity to serve these companies as they strive to grow to the next level – be it towards introducing new solutions or entering new markets – and with it make important and long lasting impressions on the technology market as a whole.”
About Deloitte’s 2015 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 2011 to 2014.
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 four years and be headquartered within North America.
About Seven Lakes Technologies
Seven Lakes Technologies is a vertically focused analytics and technology solutions firm offering products and services for the upstream (E&P) oil and gas sector; focused on improving business drivers and enhancing execution of customer business strategies. Seven Lakes offers innovative product suites focused around drilling and completions, production and operations, accounting and data management and analytics. Seven Lakes Technologies is headquartered in Westlake Village, CA with offices in Irvine, CA and Bangalore, India. For more information, please visit https://www.sevenlakes.com.
Seven Lakes Technologies