CENX, a global leader in next generation service assurance software was recently named one of the fastest growing technology companies in the Deloitte 2017 North America Technology Fast 500 list. This win marks the fourth major award win of the year for the company.
Deloitte’s Fast 500 has annually ranked the fastest growing public and private North American companies in the technology, media and telecommunications sectors. The Fast 500 examines companies on their relative growth in revenue over a three-year period, seeking to reward companies that have demonstrated cutting edge business strategies, vision, and solid management.
“The Deloitte 2017 North America Technology Fast 500 winners underscore the impact of technological innovation and world class customer service in driving growth, in a fiercely competitive environment. These companies are on the cutting edge and are transforming the way we do business,” said Sandra Shirai, Vice Chairman, Deloitte LLP and US technology, media, and telecommunications leader.
The Deloitte Fast 500 is the latest in a string of award wins and industry recognition for CENX this year. MEF awarded CENX the “Third Network Technology Solutions – Service Assurance” award and Light Reading recognized CENX as an “Outstanding Digital Enablement Vendor.” Also, CENX was notably named among the “50 Fastest Growing Tech Companies 2017” by The Silicon Review.
The Software Behind the Awards
Earlier this year, CENX launched the latest version of its namesake product, CENX 7, which breaks down the barriers that exist among network layers, while delivering guaranteed service quality. CENX 7 allows service providers to view their networks, end to end, in real-time, and in one single pane. This launch, coupled with the growing recognition of CENX among industry veterans, analysts and customers, no doubt contributed to this latest win.
“Service providers are contending with escalating demand and increasingly complex networks,” said Edward Kennedy, Chief Executive Office at CENX. “With the onset of 5G, IoT, machine learning and artificial intelligence, CENX is well positioned for explosive growth as we push the technological boundaries of our software as the leader in creating networks of the future.”
CENX’s service assurance software is poised to make an impact in the global marketplace. Current industry projections forecast that the global SDN and NFV market is set to grow by 70 percent by 2022. CENX’s software provides the type of comprehensive, real-time monitoring that is needed for Tier 1 service providers to accurately understand the data flowing through their networks. The forecasted industry upswing coupled with CENX delivering its innovative platform right when the world’s biggest carriers need it most, positions the company for unprecedented growth and allows it to continue its momentum in delivering high value, hyper-scale solutions that provide customers with full network visibility and control.