For the second year in a row, think-cell is among the fastest growing German technology startups – news that accounting firm Deloitte published today in their annual Technology Fast 50 Rising Stars ranking. From 2005 to 2007 the Berlin-based software company increased its revenue by a factor of well-over four.
think-cell has established itself as the standard vendor for professional PowerPoint users, catering to four of the five leading strategy consulting firms and to controlling and corporate strategy units in many of the world's largest companies. Most of the 60,000+ users at more than 1,000 companies got to know about the software through word of mouth and personal reference. With users located virtually everywhere on the globe, their appreciation of the software makes think-cell a highly profitable business.
By receiving the German Deloitte Technology Fast 50 award as a Rising Star for the second time, think-cell has proven that its growth is solid and sustainable. In the Rising Star category companies are ranked according to their performance over the past three years. Next year, think-cell will be eligible for applying for the main award category in which companies are ranked based on their revenue growth over the past five years.
The German Deloitte Technology Fast 50 Awards have been established by renowned accounting and advisory firm Deloitte six years ago to honor promising startups from the technology industry, e.g., communication, Internet, hardware, software, and life sciences. The decisive criterion in the Rising Star category is the cumulated revenue growth over the past three years. Additional criteria are a high degree of in-house technology innovation and a considerable budget for research and development.
think-cell was founded in 2002 in Berlin and is today the leading vendor of productivity software for professional PowerPoint users. Its software covers the complete process of presentation creation – from analysis and preparation of business data to the graphical rendering of qualitative and quantitative results. Most international business consulting firms, as well as a large number of the well-known industrial global leaders, are among think-cell's customers.