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Tango News

September 4, 2014

Award Based on Three-Year Revenue Growth

Irving, TX – Tango Analytics, the leader in customer and location predictive analytics and store lifecycle management solutions, has just been named one of the top five fastest growing technology companies in North Texas by the Metroplex Technology Business Council.

In its 14th year, the Fast Tech Award honors the fastest growing technology, media, telecommunications, life sciences and clean technology companies in the Dallas-Fort Worth Metroplex, based on revenue growth from 2011 to 2013. The ranking is compiled from nominations submitted directly to the Metroplex Technology Business Council (MTBC), and through independent research using publicly available information conducted by the MTBC, TravisWolff LLP and Comerica Bank.

“Being honored as a top five Fast Tech company validates our vision and approach to the marketplace,” said Jack Thompson, Chairman and Founding Partner, Tango Analytics. “By combining predictive analytics, GIS and store lifecycle management capabilities into a single integrated solution we have fulfilled a core customer need and have grown rapidly as a result.”

Tango Analytics has achieved significant growth milestones during the three-year evaluation period:  The company’s platform is now being used by over 35 global retail and restaurant brands across six continents and more than 50 countries.

  • Year-over-year triple digit revenue growth, with over 435% growth from 2011 to 2013.
  • Over 50,000 locations managed.
  • New product modules introduced including market and capital planning, portfolio analysis, pipeline tracking, franchising, customer analytics and program management.

“Our predictive models and cloud-based product have evolved rapidly to meet the needs of our growing and diverse customer base,” said Pranav Tyagi, President and CEO Tango Analytics. “The stronger our offering becomes, the more new customers we attract, so it has been a win / win situation. We’ve been able to carry this momentum quarter over quarter which is counter to what our competition is experiencing.”

“At the MTBC, we keep our finger on the pulse of what is happening in the tech industry in North Texas,” said Bill Sproull, president and CEO of the MTBC. “These fast growing companies are what makes our technology industry so vibrant…keep your eyes on them!”

Tango Analytics will be showcasing its industry leading technology and predictive models at two upcoming industry and technology shows, Oracle Open World in San Francisco (September 28 – October 2) and the 25th Annual Restaurant Finance & Development Conference in Las Vegas (November 10 – 12).

 

About Metroplex Technology Business Council

The MTBC strengthens the North Texas’ technology community and its reputation by acting as the innovation hub for entrepreneurs, universities and corporations. The MTBC continues to prove that ‘Technology lives here’ by growing future tech leaders with its talent and workforce development initiative, advocating technology’s advancement in governmental arenas and connecting people and inspiring innovative ideas through its programs and special interest groups. The MTBC is the largest technology trade association in Texas, representing a quarter million employees through its 300 member companies. More information about MTBC and its annual Tech Titans awards gala can be found online by visiting www.metroplextbc.org.

 

About TravisWolff

Founded in 1991, TravisWolff is a growing, independent accounting and advisory firm that offers a full range of assurance, tax and advisory services to emerging companies, established companies, and successful individuals and families. Additionally, TravisWolff provides specialized services in the areas of transaction advisory, compensation and benefits planning, IT auditing, collaborative divorce consulting, employee benefit plan audits, estate planning, exit planning, litigation services and forensic accounting. As an independently owned and operated member firm of both the Moore Stephens North America (MSNA) association of member firms and the Moore Stephens International Limited (MSIL) network of member firms, TravisWolff serves clients in Texas, throughout the country and offshore.   TravisWolff participates in the American Institute of Certified Public Accountants (AICPA) Peer Review Program and is registered with the Public Company Accounting Oversight Board (PCAOB).

 

About Comerica Bank’s Technology and Life Sciences Division

With 160 years of experience and more than $50 billion in assets, Comerica is among the top 25 bank holding companies in the United States. And through our corresponding bank network in Europe, China and India, we also maintain a strong international presence.  Founded more than 20 years ago, the Comerica Technology and Life Sciences Division was developed in order to meet the banking needs of these innovative industries. Our dedication and experience in the field has translated into the success of over 3,000 technology, life sciences and cleantech companies to date. From creating a wide array of financial products and services to building strong relationships with top-tier investors, we have taken the extra steps to help you succeed. When you work with the Comerica Technology and Life Sciences Division you have a partner committed to innovation. For more information, visit www.comerica.com.