Ahmedabad, India, March 11, 2021 – Mindarray Systems Pvt. Ltd. (Motadata) today announced that it ranked Number 16th on the Deloitte Technology Fast 50 India 2020, a ranking of the 50 fastest growing technology companies in India. Rankings are based on percentage revenue growth over three years. Motadata grew 427 percent during this period.
Motadata’s CEO, Mr. Amit Shingala, credits choosing the right market to focus on and improvising pricing strategy to be in line with market situation and revenue goals with the company’s 427 % revenue growth over the past three years. He said, “Recognition from Deloitte Technology Fast50 India as one of the fastest growing companies in India for a third consecutive year reinforces our expanding footprint in the country. We are grateful for this opportunity that emphasizes our influence on homegrown and innovative technology, and on the many enterprise businesses and government organizations that rely on our Network Monitoring, Log Management, and ITSM platform for business continuity and to achieve operational efficiency. We are gearing up to add some exciting new capabilities to our deep learning IT Ops platform this year, which will equip our customers to effortlessly manage their hybrid IT infrastructure. With that in the pipeline, we hope to be considered and to be recognized under this program again next year.”
“Making to the Deloitte Technology Fast 50 list is commendable in today’s highly competitive, fast-changing technology industry, and especially in the challenging year of 2020 which has forced us to pivot, transform and fast track digitization,” said Rajiv Sundar, Partner and Program Director – Technology Fast 50 India 2020, Deloitte Touche Tohmatsu India LLP. “We congratulate Mindarray Systems Pvt. Ltd. on being one of the 50 fastest growing technology companies in the India.”
Motadata previously ranked 4th in 2019 Deloitte Technology Fast 50.
Deloitte Technology Fast 50 India program selection and qualifications
The Deloitte Technology Fast 50 India program, which was launched in 2005, is conducted by Deloitte Touche Tohmatsu India LLP (DTTILLP), and is part of a truly integrated Asia Pacific program recognizing the India’s fastest growing and most dynamic technology businesses (public and private) and includes all areas of technology – from internet to biotechnology, from medical and scientific to computers/hardware. The program recognizes the fastest growing technology companies in India based on their percentage revenue growth over the past three financial years.
Mindarray Systems Pvt. Ltd. is a global IT product company offering state of the art affordable yet powerful product suite – Motadata consisting of Network Management & Monitoring, Log & Flow Management, and ITSM Platforms. The platform empowers both IT admins & CXOs to analyze, track, and resolve IT operational issues by effectively monitoring various systems and devices from multiple vendors through a centralized dashboard. For more information, visit www.motadata.com.
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