For the Second Consecutive Year, Buddycom Wins the "2020 Japan Technology Fast 50" Technology Company Growth Ranking
Science Arts, Inc., the developer and distributor of Buddycom, won the 2020 Japan Technology Fast 50 (hereinafter "Fast 50") award from Deloitte Touche Tohmatsu Limited, ranking 39th out of the top 50 with a growth rate of 77.4% based on sales for the past three fiscal years.
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Buddycom's growth rate was 77.4% this year, up from 49 last year, for the second year in a row.
In addition, the growth rate of license subscription revenue doubled to 101.9% during the same period and has continued to grow at a steady rate. What’s more, users continue to use the service at an astounding rate of 99.6%*1 per month, making it an indispensable group communication tool that can be used for a long time once it has been introduced.
※1. Actual average monthly Retention Rate based on prior financial year contract ID counts.
Inspired by this award, Buddycom will continue to advance by combining new technologies such as AI, robotics, and VA/VR with the advancement of IoT and the arrival of the 5G era to realize innovation in all industries and sectors. In doing so, we will aim to fulfil our mission of ‘connecting people around the world gracefully’.
Japan Technology Fast 50 is the Japanese version of the ranking program conducted by Deloitte Touche Tohmatsu Limited (DTTL) in approximately 40 countries and three regions of North America, Europe and Asia-Pacific, and serves as a benchmark for growth and success in the TMT industry. The top 50 companies in terms of revenue growth over the last three financial years are ranked based on applications from companies in the TMT industry, both listed and unlisted.