News and Announcements
Connexion Media Ranked 10th Fastest Growing Tech Company in APAC by Deloitte
- Published December 17, 2017 12:00AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
KEY TAKEAWAYS:
- Connexion Media Limited (ASX: CXZ) has been awarded the 10th Fastest Growing Technology Company on the
Deloitte Technology Fast 500™ Asia Pacific 2017. - The company has experienced 3278% revenue growth and Executive Director, David Connolly, notes the company’s finance restructure, highly motivated team and loyal clients for this.
- The entrants for this award must have had base-year operating revenues of at least US$50,000, must be headquartered in the Asia Pacific and must be a ‘technology company.’
Connexion Media Limited (ASX: CXZ) is proud to announce the company has been awarded the 10th Fastest Growing Technology Company on the Deloitte Technology Fast 500™ Asia Pacific 2017.
For the past 15 years, the Deloitte Technology Fast 500™ Asia Pacific has recognised and awarded companies in the
technology sector of the Asia Pacific region that show technological innovation, entrepreneurship and rapid growth.
CXZ Limited has seen 3278% Percent Revenue Growth over the past year and this year has been ranked 10th on the
list, joining three other Australian technology companies in the top ten.
CXZ Limited’s Executive Director, David Connolly, credits finance restructure, a highly motivated and rightsized
team, and continuous client project delivery for the company’s 3278% revenue growth which has taken place,
predominantly, over the past six months.
Connolly notes, “It’s been a challenging year of change for CXZ Limited. We have restructured the business to align
the cost-base with revenue forecasts and client project requirements. It’s great to see that even through this difficult
period we have ranked 10th fastest growing company is Asia Pacific against powerhouse markets like China. Thanks
to Toshifumi-San and the team for noticing!”
About Connexion Media Ltd (ASX: CXZ)
Connexion Media is an ASX listed technology company revolutionising smart car technology for the automotive industry. The Company builds software services for Internet-connected vehicles and has a number of services already selling in the market. The Company has secured commercial agreements with leading automotive industry players including General Motors, Ford and Volkswagen to roll out its proprietary smart car technologies to millions of vehicles in the coming years.
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