Attributes 212% Revenue Growth to its innovative team and world-class customer base
Carmel, IN, November 21st 2024 — Mesh Systems is honored to announce its ranking of 484 on the Deloitte Technology Fast 500™, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America, now in its 30th year. Mesh Systems grew 212% during this period.
Richard Baxter, CEO & Co-Founder of Mesh Systems, credits the company’s remarkable 212% revenue growth to its dedicated team and world-class customers. Baxter remarked, “We’re incredibly honored to be recognized again on the Deloitte Technology Fast 500. This achievement reflects the ingenuity, dedication, and passion of our team, who continuously push the boundaries of what’s possible with IoT. Our growth is also a testament to the trust and collaboration we share with our forward-thinking customers, who partner with us to transform industries and create lasting impact. As we celebrate this milestone, we remain committed to empowering businesses worldwide with innovative, scalable IoT solutions that drive real-world value.”
“For 30 years we’ve been celebrating companies that are actively driving innovation. The software industry continues to be a beacon of growth, and the fintech industry made a strong showing on this year’s list, surpassing life sciences for the first time,” said Steve Fineberg, vice chair, U.S. technology sector leader, Deloitte. “Significantly, we also saw a breakthrough in performance of private companies, with the highest number of private companies named to the list in our program’s history. This year’s winners have shown they have the vision and expertise to continue to perform at a high level, and that deserves to be celebrated.”
“Innovation, transformation and disruption of the status quo are at the forefront for this year’s Technology Fast 500 list, and there’s no better way to celebrate 30 years of program history,” said Christie Simons, partner, Deloitte & Touche LLP and industry leader for technology, media and telecommunications within Deloitte’s Audit & Assurance practice. “This year’s winning companies have demonstrated a continuous commitment to growth and remarkable consistency in driving forward progress. We extend our congratulations to all of this year’s winners — it’s an incredible time for innovation.”
Mesh Systems previously ranked #385 on the Deloitte Technology Fast 500 in 2023. Earning this recognition again underscores Mesh Systems’ ongoing momentum and commitment to IoT innovation. As a repeat honoree, Mesh Systems continues to build on its history of empowering businesses with transformative connected solutions that drive measurable results.
About the 2024 Deloitte Technology Fast 500
Now in its 30th year, the Deloitte Technology Fast 500 provides a ranking of the fastest-growing technology, media, telecommunications, life sciences, fintech, 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 2020 to 2023.
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 US$50,000, and current-year operating revenues of at least US$5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
About Mesh Systems
Mesh Systems is a leading Internet of Things (IoT) solutions provider committed to empowering businesses worldwide through connected product innovation. With nearly 20 years of industry experience, Mesh Systems delivers end-to-end IoT solutions through its Connected Suite— MeshLaunch™, MeshEdge™, MeshCloud™, MeshManage™, and MeshInsights™. Our deep expertise spans IoT hardware design, embedded software, wireless communications, and cloud-based applications, providing a comprehensive framework that accelerates time to market, minimizes upfront investment, and simplifies the complexities of IoT. Trusted by category leaders, Mesh Systems is the ideal partner to turn ideas into scalable IoT solutions, guiding customers from concept to commercialization and enabling continuous growth and innovation throughout the product lifecycle.
About Deloitte
Deloitte provides industry-leading audit, consulting, tax and advisory services to many of the world’s most admired brands, including nearly 90% of the Fortune 500® and more than 8,500 U.S.-based private companies. At Deloitte, we strive to live our purpose of making an impact that matters by creating trust and confidence in a more equitable society. We leverage our unique blend of business acumen, command of technology, and strategic technology alliances to advise our clients across industries as they build their future. Deloitte is proud to be part of the largest global professional services network serving our clients in the markets that are most important to them. Bringing more than 175 years of service, our network of member firms spans more than 150 countries and territories. Learn how Deloitte’s approximately 460,000 people worldwide connect for impact at www.deloitte.com.
# # #
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as “Deloitte Global”) does not provide services to clients. In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the “Deloitte” name in the United States and their respective affiliates. Certain services may not be available to attest clients under the rules and regulations of public accounting. Please see www.deloitte.com/about to learn more about our global network of member firms.
For Immediate Release
PR Contact: Kelly Hennessy, Mesh Systems, Kelly.hennessy@meshsystems.com