SANTA MONICA, Calif., Nov. 19, 2018 /PRNewswire-PRWeb/ — GumGum, an artificial intelligence company with deep expertise in computer vision, today announced it ranked 268th on https://www..deloitte.com/us/en/pages/technology-media-and-telecommunications/articles/fast500-apply.html [Deloitte’s Technology Fast 500™ __title__ ], a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America. GumGum grew 319 percent during this period.

GumGum’s chief executive officer and founder, Ophir Tanz, credits the company’s revenue growth to the power of computer vision. “It’s an honor to be among the fastest growing companies in North America for the third year in a row,” Tanz said. “GumGum continues to make innovations in machine learning and computer vision that are solving problems across a range of industries. We are excited for what the future holds as more and more businesses embrace the transformative power of applied artificial intelligence.”

“Congratulations to the Deloitte 2018 Technology Fast 500 winners on this impressive achievement,” said Sandra Shirai, vice chairman, Deloitte LLP, and U.S. technology, media and telecommunications leader. “These companies are innovators who have converted their disruptive ideas into products, services and experiences that can captivate new customers and drive remarkable growth.”

“Software, which accounts for nearly two of every three companies on the list, continues to produce some of the most exciting technologies of the 21st century, including innovations in artificial intelligence, predictive analytics and robotics,” said Mohana Dissanayake, partner, Deloitte & Touche LLP, and Industry Leader for technology, media and telecommunications, within Deloitte’s audit and assurance practice. “This year’s ranking demonstrates what is likely a national phenomenon, where many companies from all parts of America are transforming the way we do business by combining breakthrough research and development, entrepreneurship and rapid growth.”

GumGum previously ranked 214 as a Technology Fast 500™ award winner for 2017.

About Deloitte’s 2018 Technology Fast 500™
Deloitte’s Technology Fast 500 provides a ranking of the fastest growing technology, media, telecommunications, life sciences and energy tech companies — both public and private — in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2014 to 2017.

In order 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 a majority of the company’s operating revenues. Companies must have base-year operating revenues of at least $50,000 USD, and current-year operating revenues of at least $5 million USD. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.

About GumGum
GumGum is an artificial intelligence company with a focus in computer vision. The company’s mission is to unlock the value of visual content produced daily across diverse data sets. GumGum uses machine learning to understand a world that is producing more images and videos than ever before. Since 2008, the company has applied its patented capabilities to serve a variety of industries from advertising to professional sports, with more to come. For more information please visit:
https://gumgum.com/

About Deloitte
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 USmember 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 http://www.deloitte.com/about to learn more about our global network of member firms.

SOURCE GumGum