Beit Dagan, 50200, New York Israel (PressExposure) November 10, 2008 -- IDIT I.D.I Technologies Ltd., was named as a winner on the 2008 Deloitte Technology Fast 50, a ranking of the 50 fastest growing technology companies in Israel. Making this list with 357% growth, for the second consecutive year, is a tremendous achievement for IDIT.
âMaking the Deloitte Technology Fast 50 is a testament to a companyâs commitment to technologyâ, said Asher Mechlovich, partner in charge of the Deloitte Brightman Almagor Zohar Israel Technology Fast 50 Program. âWith its 357% growth rate over five years, IDIT Technologies has proven that its leadership has the vision and determination to grow in difficult conditions.â
Yoel Amir, CEO of IDIT Technologies commented: âIt is gratifying that Deloitte strongly affirms, for the second consecutive year, our leading position in the insurance technology sector. Our continuous investments in IDITâ¢ Insurance Software Suite and deep insurance domain expertise backed by our track record of successful implementations, increase the business value we deliver to our customers.â
To determine the fastest growing companies, Deloitte reviewed fiscal year revenues over five years (2003-2007), calculated the revenue growth percentage over five years, and compared the growth of technology companies.
IDIT I.D.I. Technologies Ltd. www.idit-technologies.com is a global provider of enterprise software solutions for the insurance & financial markets. Solutions are based on IDITâ¢ Software Suite â an enterprise software product which integrates the business capabilities essential for any insurance provider.