Alain Belanger, Verdant CEO, credits demand for Verdant energy-management solutions to increasing energy costs, revised building code mandates and the benefits derived from utility program rebates. Increased brand awareness, repeat business from loyal customers, and the easy-to-install plug-and-play nature of its solutions also is contributing to the company's rapid growth. In less than three years, Verdant has doubled its revenues and the company is adding 20 to 30 employees in the coming year to meet order fulfillment. More than 50 properties install Verdant solutions each month.
"Verdant is proud to be recognized as one of North America's fastest-growing technology companies," said Belanger. "Our accelerated growth over the last three years has been nothing short of outstanding and reinforces our position as a preeminent leader of energy-management technology for commercial buildings."
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 most of the company's operating revenues. Companies must have base-year operating revenues of at least $50,000, and current-year operating revenues of at least $5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
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 U.S. 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.
Verdant provides state-of-the-art energy management solutions for hospitality, education and other commercial properties that have helped customers save on energy and become more eco-friendly without compromising comfort. Verdant is an approved Vendor of all major hotel chains. To learn more, please visit www.verdant.co.