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IDeaS Posts 5-year 1980% Percent Revenue Growth,
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MINNEAPOLIS, September
21, 2001 � IDeaS has been named to Deloitte & Touche�s prestigious
Fast 50 Program, ranking 4th based on a 5-year 1980% revenue growth.
The Fast 50 is a ranking of the 50 fastest growing technology companies
in Minnesota, based on the percentage of growth in revenues from 1996 �
2000 (five-year period).
�It has been rewarding to successfully apply science to the business of hotel revenue management. Our exponential growth has been based on the ability to deliver client success in the form of measurable increases in revenue for our clients,� said Ed Booth, IDeaS CEO. He added, � Revenue management is just beginning to show its potential. We look forward to expanding IDeaS footprint into other markets.� �The Deloitte & Touche Fast 50 is a testament to a company�s leadership and its ability to not only have the right solution for that moment in time, but also the vision that allows growth over five years. We commend IDeaS for making the commitment to technology and delivering on the promise of market longevity,� said Ron Hafner, Deloitte & Touche partner. To qualify for the Fast 50, companies must have had operating revenues of at least $50,000 in 1996 and $1,000,000 in 2000, must be public or private companies headquartered in Minnesota, and must be �technology companies,� defined as companies that produce technology, manufacture a technology product, or devote a high percentage of effort to the research and development of technology. The average increase in revenues among companies who made the Fast 50 for this region was 931%. Winners of the 29 regional Fast 50 programs in the United States are automatically entered in the Deloitte & Touche Technology Fast 500 program, which ranks the nation�s top 500 fastest growing technology companies. For more information on the Deloitte & Touche Fast 50 or Fast 500 programs, visit www.fast500.com. About IDeaS, Inc.
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Jill Gibbs IDeaS, Inc. (651) 905-3200 [email protected] http://www.eyield.com |
Also See: | Mandarin Oriental Hotel Group Continues Rollout of IDeaS Revenue Management Solution / July 2001 |
Millennium Hotels and Resorts Proceeding with the Installation of the IDeaS Yield Management Solution at More European Properties / Mar 2000 | |
With Slight Slip in Occupancy The Movenpick Hotel Munich Airport Increases ADR Using IDeaS e-yield / April 2001 | |
Yield Management System Measurement / By Dr. Ravi Mehrotra / IdeaS, Inc., June 1999 |