Deloitte Fast 500 Asia Pacific
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Deloitte Fast 500 Asia Pacific
The Deloitte Technology Fast 500 Awards are organized and overseen by the global professional services firm Deloitte Touche Tohmatsu Limited. These awards recognize the 500 technology companies with the highest growth rates across various regions worldwide. Recipients encompass both publicly traded and privately held companies. The awards were established in 1997 amid the dotcom boom to showcase the achievements of burgeoning U.S. technology firms. Over time, the Fast 500 initiative has broadened its scope to encompass North America, Asia Pacific, and Europe, the Middle East, and Africa (EMEA). The Fast 500 examines companies' relative growth in revenue In accounting, revenue is the total amount of income generated by the sale of product (business), goods and services related to the primary operations of a business. Commercial revenue may also be referred to as sales or as turnover. Some compan ... over a three-year period. A company that grows by $1 million from a revenue ...
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Deloitte
Deloitte is a multinational professional services network based in London, United Kingdom. It is the largest professional services network in the world by revenue and number of employees, and is one of the Big Four accounting firms, along with EY, KPMG, and PwC. The Deloitte network is composed of member firms of Deloitte Touche Tohmatsu Limited ( ) a private company limited by guarantee incorporated in England and Wales. The firm was founded by accountant William Welch Deloitte in London, England in 1845 and expanded into the United States in 1890. It merged with Haskins & Sells to form Deloitte Haskins & Sells in 1972 and with Touche Ross in the US to form Deloitte & Touche in 1989. In 1993, the international firm was renamed Deloitte Touche Tohmatsu, later abbreviated to Deloitte. In 2002, Arthur Andersen's practice in the UK as well as several of that firm's practices in Europe and North and South America agreed to merge with Deloitte. Subsequent acquisitions have inc ...
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Dotcom Boom
The dot-com bubble (or dot-com boom) was a stock market bubble that ballooned during the late-1990s and peaked on Friday, March 10, 2000. This period of market growth coincided with the widespread adoption of the World Wide Web and the Internet, resulting in a dispensation of available venture capital and the rapid growth of valuations in new dot-com startups. Between 1995 and its peak in March 2000, investments in the NASDAQ composite stock market index rose by 80%, only to fall 78% from its peak by October 2002, giving up all its gains during the bubble. During the dot-com crash, many online shopping companies, notably Pets.com, Webvan, and Boo.com, as well as several communication companies, such as Worldcom, NorthPoint Communications, and Global Crossing, failed and shut down. Others, like Lastminute.com, MP3.com and PeopleSound were bought out. Larger companies like Amazon and Cisco Systems lost large portions of their market capitalization, with Cisco losing 80% of ...
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Europe, The Middle East And Africa
Europe, the Middle East and Africa, commonly known by its acronym EMEA among the North American business spheres, is a geographical region used by institutions, governments and global spheres of marketing, media and business when referring to this region. The acronym EMEA is a shorthand way of referencing the two continents (Africa and Europe) and the Middle Eastern sub-continent all at once. As the name suggests, the region includes all of the countries found on the continents of Africa and Europe, as well as the countries that make up the Middle East. The region is generally accepted to include all European nations and all African nations, and extends east to Iran, including part of Russia. Typically, the acronym does not include overseas territories of mainland countries in the region, such as French Guiana. However, the term is not completely clear, and while it usually refers to Europe, the Middle East and Africa, it is not uncommon for businesses and other institutions to ...
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Revenue
In accounting, revenue is the total amount of income generated by the sale of product (business), goods and services related to the primary operations of a business. Commercial revenue may also be referred to as sales or as turnover. Some company, companies receive revenue from interest, royalties, or other fees. This definition is based on International Accounting Standard, IAS 18. "Revenue" may refer to income in general, or it may refer to the amount, in a monetary unit, earned during a period of time, as in "Last year, company X had revenue of $42 million". Profit (accounting), Profits or net income generally imply total revenue minus total expenses in a given period. In accountancy, accounting, revenue is a subsection of the equity section of the balance statement, since it increases equity. It is often referred to as the "top line" due to its position at the very top of the income statement. This is to be contrasted with the "bottom line" which denotes net income (gross reve ...
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Awards Established In 1997
An award, sometimes called a distinction, is given to a recipient as a token of recognition of excellence in a certain field. When the token is a medal, ribbon or other item designed for wearing, it is known as a decoration. An award may be described by three aspects: 1) to whom it is given to 2) what 3) by whom, all varying according to purpose. The recipient is often awarded to an individual, a student, athlete or representative of a group of people, be it an organisation, a sports team or a whole country. The award item may be a decoration or an insignia suitable for wearing, such as a medal, badge, award pin or rosette. It can also be a token object such as a certificate, diploma, championship belt, trophy or plaque. The award may also be accompanied by a title of honor, and an object of direct cash value, such as prize money or a scholarship. Furthermore, an is an award given, typically in education, that does not confer the recipient(s) a higher standing but is consid ...
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