Annual ranking recognizes the fastest-growing tech companies in North America
We’re thrilled to announce Socialive has placed 258th on the Deloitte Technology Fast 500, a ranking of the 500 fastest-growing technology companies in North America, after experiencing 500% revenue growth between 2017 and 2020.
If there’s anything our own growth can tell us about the state of video, it’s that video solutions have undergone a massive increase in demand over the past few years. Now the preferred mode of enterprise storytelling for everything from shoppable videos to L&D courses, video experienced record-breaking adoption in 2021, especially with the rise of remote and hybrid work.
“To meet the evolving needs of modern enterprises amid this paradigm shift, we made significant investments in our self-serve platform for video content creation,” said David Moricca, our founder and CEO. “As a result, there’s been a massive increase in demand for our solution across the Fortune 500 and high-growth companies. Our placement on the Deloitte Technology Fast 500 is a testament to the commitment and dedication of our entire team to help businesses drive value through better and more frequent video creation.”
Demand for video continues to grow
And demand for video isn’t expected to slow down anytime soon. According to The 2021 State of Enterprise Video: Creation, Broadcasting, Distribution study, 88% of enterprises today expect their video content output to expand dramatically in the next year to meet increased company-wide demand. Yet historically, businesses have struggled to create high-quality, on-brand videos at scale due to time, budget, location, and team constraints.
Socialive’s self-serve video content creation platform, however, makes it fast and easy for enterprises to create, broadcast, and distribute unlimited live and on-demand videos at studio quality — without the physical studio. With its cloud-based production, Virtual Green Room, mobile capabilities, and intuitive interface, Socialive empowers anyone in your organization to become a video creator, regardless of technical expertise.
“Each year the Technology Fast 500 shines a light on leading innovators in technology and this year is no exception,” said Paul Silverglate, vice chair, Deloitte LLP and U.S. technology sector leader. “In the face of innumerable challenges resulting from the pandemic, the best and brightest were able to pivot, reinvent, and transform and grow. We celebrate the winning organizations and especially the talented employees driving their success.”
For more information, read our press release.
To see what Socialive can do for your organization, schedule a demo.