Avaap Ranked Number 251 Fastest Growing Company in North America on Deloitte’s 2016 Technology Fast 500

EDISON, N.J., Nov. 17, 2016 -- Avaap, the largest Infor-focused software development and system implementation firm, today announced it earned awards for technology innovation and growth from Deloitte’s Technology Fast 500™, the New Jersey Technology Council and NJBIZ Fast 50. Avaap ranked 251 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. The New Jersey Technology Council (NJTC) recognized Avaap as Private Company of the Year and NJBIZ placed Avaap on its 50 fastest growing companies in New Jersey list for the second year in a row.

Avaap grew 289 percent from 2012 to 2015. CEO Dhiraj Shah credits growth to market demand and a focused strategy of organic and acquisitive growth. In 2016, Avaap acquired Falcon Consulting, establishing an EHR practice for healthcare customers, delivering a single source solution for business, financial and clinical systems. Avaap’s deep industry expertise in healthcare, retail, manufacturing, public sector and other industries has resulted in a track record of successful customer engagements and growth within its employee and customer base.

The NJBIZ 50 Fastest Growing Companies awards program required companies to meet selection criteria that included a revenue size of at least $500,000 within the past two out of three years and growth in revenue over a three-year period, dating from fiscal year 2013 to 2015. Avaap landed at eight on the Fast 50 list, five points higher than its 2015 ranking. The NJTC award honors Avaap for its business accomplishments in technological collaboration, partnership and innovation.

“Rapid expansion through strategic partnerships and acquisitions combined with customer-focused innovation as well as a unique culture where people love coming to work are key elements to our growth and success,” said Dhiraj Shah, president and CEO, Avaap. “We are proud to earn recognition and awards because it highlights the achievements of our team. The dedication of our consulting and business professional teams has helped Avaap earn its reputation as the premier Infor systems integration partner and expand our offerings to meet market demand for cloud services, ERP implementations and EHR integration. Our growth strategy will continue to focus on building capabilities and implementation and consulting services that leverage industry-specific expertise and solutions.”

“Today, when every organization can be a tech company, the most effective businesses not only foster the courage to explore change, but also encourage creativity in using and applying existing assets in new ways, as resourcefully as possible,” said Sandra Shirai, principal, Deloitte Consulting LLP and U.S. technology, media and telecommunications industry leader. “This ingenious approach to innovation calls for the encouragement of curiosity and collaboration both within and outside the office walls.”

About Avaap

Avaap is one of the largest providers of IT services and technology solutions for organizations that rely on Infor and Epic enterprise software solutions for clinical, financial, supply chain and human resources management. With deep expertise in equipment rentals and sales, healthcare, public sector, manufacturing and distribution, food and beverage, retail and fashion, Avaap delivers solutions to accelerate technology installations, extend software capabilities and help customers achieve more immediate value from technology investments. Avaap’s industry accolades include being named among Computerworld’s 100 Best Places to Work in IT 2014- 2016; recipient of Infor’s Alliance Partner of the Year award 2014-2016; Infor Partner of the Year for new business and cloud sales 2016; Infor Service Partner of the Year 2013; and six-year honoree on the Inc. 5000, among others. For more information, visit www.avaap.com.

About Deloitte’s 2016 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 2012 to 2015.

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

As used in this document, “Deloitte” means Deloitte LLP and its subsidiaries. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting.

Melissa Prusher 
Vice President, Marketing | Avaap 
732-710-3425 
[email protected]