2021-04-13
News release
Buddycom wins the Deloitte Asia Pacific Technology Fast 500 2020 Ranking of Technology Companies
Science Arts, Inc., which develops and distributes Buddycom, has achieved a record growth rate of 77.4% in the Technology, Media and Telecommunications (TMT) Industry Revenue Ranking announced by Deloitte Touche Tohmatsu Limited (DTTL) and Deloitte Asia Pacific Technology Fast 500 (Fast 500) for the past three years.The company was ranked 489th out of the top 500 companies.
Click here for detailed rankings↓
Now in its 19th year, the Asia Pacific Technology Fast 500 is a program run by DTTL in three regions of the world (North America, Europe and Asia Pacific). Based on entries from listed and unlisted companies in the TMT industry from Australia, China, Hong Kong, India, Korea, Malaysia, New Zealand, Singapore, Taiwan and Japan, it ranks the top 500 companies in terms of revenue growth over the past three financial years and provides a reference point for the TMT industry in terms of growth potential and success.
For the second consecutive year, our company was included on the 2020 Japan Technology Fast 50 ranking of Japanese technology companies, and was ranked 489 out of 500 companies on the Deloitte 2020 Asia Pacific Technology Fast 500. It was one of seven unlisted companies to win the award, and 40 of the 500 companies were from Japan.
The revenue growth rate for the period was 77.4%, with exponential growth of 455.0% in subscription revenue for the Buddycom license over the same period. 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.
Encouraged by the award, Buddycom will continue to explore AI, robotics, combined with new technologies like VA/VR, and will continue to develop and bring innovation in all fields and industries. Providing this service to the global marketplace will enable us to fulfil our mission to “connect people around the world gracefully”.
What is the Deloitte Asia Pacific Technology Fast 500?
The Fast 500 is a program of Deloitte Touche Tohmatsu, an international accounting and consulting firm that recognizes the fastest growing companies in the TMT industry at the local level in three regions of the world (Asia Pacific, North America and EMEA). The program has been in place in North America since 1997, in EMEA and Asia Pacific since 2002, and in Japan since its first year. The rankings are based on revenue growth over the last three fiscal years (for North America and EMEA: the last four fiscal years).
