Friday, November 20, 2015

Chef Business Momentum Continues to Surge with Top 100 Ranking in Deloitte’s 2015 Technology Fast 500™ [feedly]

Chef Business Momentum Continues to Surge with Top 100 Ranking in Deloitte's 2015 Technology Fast 500™
https://www.chef.io/blog/2015/11/13/chef-deloitte-fast-500/

-- via my feedly.com reader

Ranked 51st Fastest Growing Company in North America with Revenue Growth of 1,822 Percent as Enterprises in Every Industry Adopt DevOps to Become Software-Driven 

SEATTLE – November 13, 2015 – Chef, the leader in automation for DevOps, today announced it ranked 51 on Deloitte's Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences, and energy tech companies in North America. Chef ranked 2nd overall in Washington state with revenue growing 1,822 percent from 2011 to 2014.

Barry Crist, Chef CEO, commented:

"This is a phenomenal time for Chef. Many of the largest and most innovative companies in the world are using Chef's automation and workflow platform to increase their software delivery velocity, which in turn increases their innovation velocity. This shift to embrace New IT is happening across all industries and is fueling Chef's continually high growth rates."
Chef's annual recurring revenue growth is accelerating as the company gets larger. More than half of the Fortune 50 use Chef and 80 percent of Chef's revenue comes from enterprise businesses.

Chef is a pioneer in DevOps, the cultural and professional movement underpinning the digital transformation of every enterprise today. Chef works with more than 750 customers – including Facebook, GE, Target, Bloomberg, Nordstrom, Gap, IBM, Yahoo, and Intuit – to accelerate software delivery and reduce operational risk. AWSHP, and Microsoft have all joined Chef's go-to-market efforts, solidifying Chef's position as the premier automation platform for the DevOps workflow.

Chef recently announced new products designed to automate change management for the entire application and infrastructure stack. Chef's workflow automation product, Chef Delivery, initially made available as an invitation-only program in April, is now generally available and integrates with the new Chef Compliance offering. Together, they automate infrastructure, runtime environments, applications and compliance policies. These new products provide a proven process for managing complex, end-to-end changes and enable enterprises to deliver value through software faster and with maximum safety.

Additional Resources

About Deloitte's 2015 Technology Fast 500™

Deloitte's Technology Fast 500 provides a ranking of the fastest growing technology, media, telecommunications, life sciences 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 2011 to 2014.

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 $50,000 USD or CD, and current-year operating revenues of at least $5 million USD or CD. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.