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Promapp Ranked on the Deloitte Technology Fast 500™

Promapp One of 53 Fast Growing NZ Technology Companies Ranked on the Deloitte Technology Fast 500™ Asia Pacific 2016

Attributes its 115 Percent Revenue Growth to Increased Demand and Global Expansion

Auckland, 23 February 2017 – Promapp, a leading provider of cloud-based business process management (BPM) software, today announced that it was one of 53 NZ companies ranked on the Deloitte Technology Fast 500™ Asia Pacific 2016, a ranking of the 500™ fastest growing technology companies in the Asia Pacific. Rankings are based on percentage revenue growth over three years. Promapp grew 115% during this period.

Promapp’s CEO, Ivan Seselj credits the company’s growth to increased market interest in cloud-based process improvement solutions and Promapp’s continued global sales and marketing expansion, particularly in the UK and USA.

“More organisations are understanding the important role process management and improvement play in driving innovation, staff engagement and competitive advantage. Leading C-suite executives are now making it a priority to create an environment that enables well-intentioned teams to drive effective change management and ensuring that critical process information is captured and presented in formats that teams across the business will actually use,” said Seselj.

Promapp provides cloud-based business process mapping software which enables process improvement, quality assurance and risk management in line with ISO, Six Sigma and Lean principles. The software is designed to replace hardcopy procedure manuals and is used by more than 110 local councils across Australia and New Zealand as well as major medium to large enterprise organisations including Fisher and Paykel, Coca-Cola Amatil, Toyota, Konica Minolta & the Department of Justice, Victoria.

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“Making the Deloitte Technology Fast 500™ is commendable in today’s highly competitive technology industry,” said Toshifumi Kusunoki, Deloitte Leader, Deloitte Technology Fast 500™ Asia Pacific program. “We congratulate Promapp on being one of the 500 fastest growing technology companies in the region.”

“We are thrilled to be honoured with this ranking which is testament to the Promapp team and their drive to constantly innovate in support of our customers’ success,” said Seselj.

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 a 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.

About Promapp
Established in 2002, Promapp Solutions works with hundreds of organisations worldwide to foster a thriving business improvement and process management culture.

Promapp’s cloud-based business process management (BPM) software makes it easy to create, navigate, share, and change business processes, enabling process improvement, quality assurance, risk management and business continuity. Providing an intuitive online process repository, an integrated process mapping tool, and a process improvement toolset, Promapp’s proprietary software supports the development of smarter and safer ways to work, while encouraging sharing of information by operational teams rather than limiting it to process analysts and technical specialists.

Promapp’s wide range of public and private sector customers includes: Coca-Cola Amatil, WesTrac, Roy Hill, Air New Zealand, Lumo Energy, Toyota, Ricoh Australia, McDonald's, Audi Australia, Fuji Xerox, Adelaide City Council and Department of Justice, Victoria. The company is headquartered in Auckland, New Zealand. Visit www.promapp.com for more information.

ENDS

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