Attributes 536% Revenue Growth to Increasing Demand for Composable Architectures and Frontline Operations Platforms
NOVEMBER 21, 2024, SOMERVILLE, MA — Tulip today announced it ranked 220 on the Deloitte Technology Fast 500™, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America. The award program is now in its 30th year. Tulip grew by 536% during the past three years, which is the period evaluated for the award.
Tulip’s chief executive officer and co-founder, Natan Linder, credits a market pull for composable architectures and platforms to support the diverse and evolving challenges facing frontline operations across manufacturing, logistics, pharmaceutical, and other industries the company supports with the company’s 536% revenue growth. He said, “Our growth and this recognition is a testament to the revolution happening in frontline operations. Tulip is at the forefront of a shift from rigid, monolithic systems to a composable approach that empowers manufacturers to adapt and innovate at scale. This growth isn't just about numbers—it's about impact. We're proud to partner with the companies shaping the future of manufacturing, proving that the best way to build resilience and agility is through empowering people on the frontline with the tools they need to succeed.”
As digital transformation accelerates across industries, companies are increasingly seeking solutions that adapt to their unique challenges while being easy to implement and scale. Tulip’s Frontline Operations platform, rooted in composable architecture, enables manufacturers to rapidly assemble and customize applications to meet specific operational needs without being tied to traditional rigid systems. This flexibility allows customers to digitize workflows, collect actionable data, and continuously improve operations, helping them remain competitive in an ever-changing market landscape.
Overall, 2024 Technology Fast 500 companies achieved revenue growth ranging from 201% to 186,373% over the three-year time frame, with an average growth rate of 2,097% and median growth rate of 458%.
ABOUT THE 2023 DELOITTE TECHNOLOGY FAST 500
Now in its 30th year, the Deloitte Technology Fast 500 provides a ranking of the fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies — both public and private — in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2020 to 2023.
In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company’s operating revenues. Companies must have base-year operating revenues of at least US$50,000, and current-year operating revenues of at least US$5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
ABOUT TULIP INTERFACES
Tulip, a leader in frontline operations, is helping companies of all sizes and across industries, including complex manufacturing, pharmaceuticals, and medical devices, equip their workforce with connected apps—leading to higher quality work, improved efficiency, and end-to-end traceability across operations. A spinoff out of MIT, the company is headquartered in Somerville, MA, with offices in Germany and Hungary.
Press contact: press@tulip.co
ABOUT DELOITTE
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