Cognitive Medical Systems Ranked Number 27 Fastest Growing Company in North America on Deloitte’s 2015 Technology Fast 500™
Attributes 3,502% Revenue Growth to Clinical Decision Support Leadership in the Federal Sector
San Diego, CA, Nov. 13, 2015 — Cognitive Medical Systems today announced it ranked 27 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. Cognitive Medical Systems grew 3,502% percent during this period.
Cognitive Medical Systems’ President, Douglas W. Burke, credits deep subject matter expertise in clinical informatics and clinical decision support, as well as a strong performance record within the Department of Veterans Affairs and Department of Defense with the company’s 3,502% revenue growth. He said, “Our mission is to provide the right patient information to the right clinician at the right time; growth like we saw in 2015 from strong federal contracts will allow us to transform healthcare through innovative clinical decision support products.”
“Amid a fierce business climate, there seems to be no shortage of new and established companies that are unlocking a seemingly unlimited potential for growth and advancement through technology’s continued disruption and proliferation across industries,” said Sandra Shirai, principal, Deloitte Consulting LLP and U.S. technology, media and telecommunications leader. “It is inspiring to witness the innovative ways that companies are incorporating emerging technologies for business gains, be it cognitive computing, or the Internet of Things. We congratulate all those ranked on this year’s Fast 500 and look forward to seeing their continued growth into 2016.”
“Through the efforts and utilization of new and emerging technologies from these companies, we are witnessing greater business demands from across almost all industries,” added Jim Atwell, national managing partner of the emerging company practice, Deloitte & Touche LLP. “We look forward to the opportunity to serve these companies as they strive to grow to the next level – be it towards introducing new solutions or entering new markets – and with it make important and long lasting impressions on the technology market as a whole.”
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.
About Cognitive Medical Systems
Cognitive Medical Systems is a fast growing company helping public and private organizations make the most of clinical decision support tools. They come to us because we’re able to draw from decades of operational experience in on-the-ground health delivery, informatics, and enterprise software. And we combine that with technical prowess in complex infrastructure, workflows and CDS systems integrations.