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The world's fastest growing companies

Last updated on: August 19, 2009 

The world's fastest growing companies

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The world's fastest growing company is Canada-based Research In Motion, the maker of BlackBerry phones.

Three Indian-founded companies Infosys Technologies, Robin Raina-founded insurance company Ebix, and Bharat Desai co-founded IT company Syntel, have made it to Fortune's 100 fastest growing companies.

Ebix is ranked 4th, while Syntel is ranked at 81st. Infosys is ranked at 100th. Google and Apple have also been named among the world's 100 fastest growing companies by the American magazine, Fortune.

Cognizant is placed at 90th, Apple at 39th position, and Google takes the 68th spot.

About Infosys, the magazine said, 'India's No 2 IT firm counts Goldman Sachs and UBS among its 570 clients.'

Five Chinese companies have been listed by Fortune among the top 100. Companies were ranked based on their revenue, profit growth and total return in the past three years.

Check out the world's top 10 fatest growing companies...


Image: Infosys office
Photographs: Pawel Kopczynski/Reuters
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1. Research In Motion (RIM)

Research In Motion has topped the Fortune list with a three-year average earnings-per-share growth of 84 per cent, revenue growth of 77 per cent and total return of 45 per cent.

Research In Motion (RIM) is one of the leading designers and manufacturers of innovative wireless solutions for the worldwide mobile communications market.

The company's growth has been driven by its flagship product, blackberry. RIM founded in 1984 has grown at fast pace, it plans to raise headcount to 12,000 employees by the end of the year.

Jim Balsillie is the co-chief executive officer and Mike Lazaridis is president and co-chief executive officer of Research In Motion.

Revenue: $11,065.2 million

(Revenue figures are of the last four quarters)


Image: Courtesy, RIM

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2. Sigma Designs

RIM is followed by Sigma Designs. Sigma Designs develops and markets high-performance, highly-integrated System-on-a-Chip (SoC) semiconductors.

Headquartered in Milpitas, California, the company has sales offices in China, Europe, Hong Kong, Japan and Taiwan. The company was founded in 1982. The company's CEO is Trinh Q. Tran.

Revenue: $209.2 million


Image: Courtesy, Sigma

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3. Sohu.com

Sohu.com is ranked third in the Fortune list. Sohu.com Inc, a search engine company based in China offers a network of web properties and community based/web 2.0 products.

Sohu has built one of the most comprehensive matrices of Chinese language web properties and proprietary search engines.

Sohu was incorporated under the name Internet Technologies China Incorporated (ITC) in 1996. Charles Zhang is the CEO of the company.

Revenue: $460 million

 

 


Image: Sohu.com logo
Photographs: Courtesy, Sohu.com
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4. Ebix

The Robin Raina-founded company Ebix is fourth in the Fortune list. It is a leading international supplier of software and e-commerce solutions to the insurance industry.  The company is headquarted in Atlanta.

Revenue: $78.8 million


Image: Ebix logo

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5. DG FastChannel

DG FastChannel is the fifth fastest growing company in the world. It offers digital media services to the advertising industry and operates the largest network designed specifically for spot distribution.

DG FastChannel digitally delivers over six million television and radio commercials each year for more than 5,000 national advertisers and advertising agencies

Scott K. Ginsburg is the CEO of the company.

Revenue: $169.3 million


Image: DG FastChannel bullish on growth.
Photographs: Courtesy, DG FastChannel
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6. CF Industries Holdings

CF Industries comes next at the 6th position. A subsidiary of CF Industries Holdings, it is one of North America's largest manufacturers and distributors of nitrogen and phosphate fertilizer products.

A fertilizer brokerage operation by a group of regional agricultural cooperatives founded in 1946, CF Industries grew by enhancing its distribution capabilities and diversifying into fertilizer manufacturing.

Stephen R. Wilson is the CEO of the company.

Revenue: $3,934.4 million


Image: Courtesy, CFI

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7. Shanda Interactive Entertainment

The 7th ranked Shanghai-based Shanda Interactive Entertainment is a leading media company.

Shanda offers entertainment content including massively multi-player online role-playing games (MMORPGs) and advanced casual online games in China, as well as online chess and board games and e-sports game platform. The company came into existence in 1999.

Tianqiao Chen is the CEO of the company.

Revenue: $574.1 million


Image: A game from Shanda.
Photographs: Courtesy, Shanda Interactive Entertainment
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8. Arena Resources

Arena Resources Inc is the 8th fastest growing company. The Oklahoma-based oil and gas exploration, development and production company has operations in Texas, Oklahoma, Kansas and New Mexico.

Founded in 2000, the company has made significant acquisitions, increased their proven reserves to an estimated 65.6 million BOE's (barrel of oil equivalents).

Phillip W. Terry is the CEO of the company.

Revenue: $183.7 million


Image: Arena bets big on oil & gas.

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9. Bruker

On the 9th position is The Bruker Group, a leading provider of high-performance scientific instruments and solutions for molecular and materials research, as well as for industrial and applied analysis. 

Bruker Corporation is headquartered in Billerica, Massachusetts.

Frank H. Laukien is the CEO of the company.

Revenue: $1,099.2 million


Image: Bruker office.
Photographs: Courtesy, Bruker.
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10. Potash Corp of Saskatchewan

Potash Corp, ranked 10th in the list is an integrated producer of fertilizer, industrial and animal feed products. The world's biggest fertilizer company, it produces three primary plant nutrients: potash, phosphate and nitrogen.

William J. Doyle is the CEO of the company.

Revenue: $8,478.4 million


Image: Potash Corp, a world leader.
Photographs: Courtesy, Potash Corp
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