CHATSWOOD, NEW SOUTH WALES, AUSTRALIA – December 17, 2008 – Appen today announced that it ranked on the Deloitte Technology Fast 500™ Asia Pacific 2018, a ranking of the 500 fastest-growing technology companies in Asia Pacific. Rankings are based on percentage revenue growth over three years.
Appen’s CEO, Mark Brayan, credits the company’s 309% revenue growth over the past three years to the growth of the artificial intelligence market, as well as technology providers’ growing need for high-quality, human-annotated training data for machine learning.
“Making the Deloitte Technology Fast 500™ is commendable in today’s highly competitive, fast-changing technology industry,” said Toshifumi Kusunoki, DTTL Leader, Deloitte Technology Fast 500™ Asia Pacific program. “We congratulate Appen on being one of the 500 fastest growing technology companies in the region.”
In addition to ranking on the Deloitte Technology Fast 500™, Appen ranked on the Australia Deloitte Technology Fast 50, which is a ranking of the 50 fastest growing technology firms in Australia.
Deloitte Technology Fast 500™ Asia Pacific selection and qualifications
The Technology Fast 500™ list is compiled from the Deloitte Asia Pacific Technology Fast 50 programs, nominations submitted directly to the Technology Fast 500™, and public company database research. To qualify for the Technology Fast 500™, entrants must have had base-year operating revenues of at least US$50,000. Entrants must also be public or private companies headquartered in Asia Pacific and must be a “technology company,” defined as a company that develops or owns proprietary technology that contributes to a significant portion of the company’s operating revenues; or manufactures a technology-related product; or devotes a high percentage of effort to the research and development of technology. Using other companies’ technology in a unique way does not qualify.
Appen is a global leader in the development of high-quality, human-annotated datasets for machine learning and artificial intelligence. Appen brings over 20 years of experience capturing and enriching a wide variety of data types including speech, text, image and video. With deep expertise in more than 180 languages and access to a global crowd of over 1,000,000 skilled contractors, Appen partners with technology, automotive and eCommerce companies — as well as governments worldwide — to help them develop, enhance and use products that rely on natural languages and machine learning.
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