John W. Combs, ShoreTel's president and CEO, credits the company’s unique product architecture, ease-of-use, low total cost of ownership and superior customer service for driving the company’s impressive growth. “This honour from Deloitte is a tremendous tribute to ShoreTel’s personnel, partners and products,” said Mr. Combs. “Our customers are choosing ShoreTel over VoIP offerings from every major player, including Cisco, Nortel, and Avaya. They find that the ShoreTel solution is more reliable and cost-effective, and much easier to install, manage and use.”
The Fast 50 award is the latest in a string of accolades and top rankings for ShoreTel. The company is expanding at twice the market rate, according to an independent study conducted by Infonetics. Similarly, Synergy Research reported ShoreTel leading the pack in growth from CY 2004 to CY 2005 with 90 percent growth. And in the latest enterprise VoIP user survey by Nemertes Research, ShoreTel bested every competitor in all nine categories: cost/value, technology, ease of implementation and troubleshooting, management tools, customer service, performance, solution experience, product features and channel partner expertise.
To qualify for the Technology Fast 50, companies must be public or private companies headquartered in North America and must own intellectual property or proprietary technology that contributes to a significant portion of their operating revenues.
“Deloitte’s Silicon Valley Technology Fast 50 companies have shown the strength, vision and tenacity to succeed in today’s very competitive technology environment,” said Mark Jensen, National Director for the Venture Capital Services Group for Deloitte & Touche LLP in San Jose. “We applaud the success of ShoreTel, Inc. and acknowledge it as one of the very few to accomplish such a fast growth rate over the past five years.”