Recognized for a second consecutive year, CoreStack attributes its 643% revenue growth to the transformative power of its NextGen multi-cloud governance platform

CoreStack, a global multi-cloud governance provider, today announced today announced it ranked 219 on the Deloitte Technology Fast 500™, a ranking of the fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America, now in its 29th year. CoreStack grew 643% during this period.

CoreStack attributes the skyrocketing demand for multi-cloud management and governance to the accelerated shift towards the cloud and the resulting urgency for proactive cloud management. Enterprises need to optimize costs while also ensuring cybersecurity, streamlining operations, and complying with regulations.

"We're thrilled to be recognized by Deloitte's Technology Fast 500 for the second consecutive year, validating our sustained growth," said CoreStack CEO Ez Natarajan. "We're grateful to our customers and partners for their trust and support. As businesses increasingly prioritize cloud into their operations, CoreStack is committed to providing them with innovative cloud governance solutions to help them attain cloud efficiencies with unwavering confidence."

The company’s NextGen offerings, CoreStack Assessments and CoreStack NextGen Cloud Governance are a powerful suite of solutions that leverage AI to provide continuous and autonomous governance for FinOps, SecOps, and CloudOps through one unified dashboard. CoreStack NextGen Cloud Governance is designed to help customers leverage best-of-breed cloud platforms with the least friction possible, boosting top-line revenues and bottom-line efficiencies whether they’re running AWS, Microsoft Azure, GCP, OCI, or a combination of cloud providers.

“Each year we look forward to reviewing the progress and innovations of our Technology Fast 500 winners. This year is especially celebratory as we expand the number of winners to better represent just how many companies are developing new ideas to progress our society and the world, especially during a slow economy,” said Paul Silverglate, vice chair, Deloitte LLP and U.S. technology sector leader. “While software and services and life sciences continue to dominate the top 10, we are encouraged to see other categories making their mark. Congratulations to all the winners who show us how creativity, hard work and perseverance can lead to success.”

“As for growing companies, it’s always rewarding to be recognized for the ongoing commitment it takes to navigate obstacles, transform when necessary and ultimately create a thriving business,” said Christie Simons, partner, Deloitte & Touche LLP and industry leader for technology, media and telecommunications within Deloitte’s audit and assurance practice. “Over the nearly 30 years we’ve been compiling the Technology Fast 500, we’ve seen new categories emerge, growth rates explode, and certain regional markets shine from the bright talent they attract. We are proud of all the winners for achieving this well-deserved honor.”

About the 2023 Deloitte Technology Fast 500

Now in its 29th year, the Deloitte Technology Fast 500 provides a ranking of the fastest-growing technology, media, telecommunications, life sciences, fintech, 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 2019 to 2022.

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 US$50,000, and current-year operating revenues of at least US$5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.

About CoreStack

CoreStack is an AI-powered NextGen Cloud Governance platform that enables enterprises to embrace cloud with confidence, rapidly achieving intelligent, continuous, and autonomous cloud governance at scale. The company’s portfolio includes two sets of multi-cloud solutions — CoreStack Governance, a set of governance modules for FinOps, SecOps, and CloudOps, and CoreStack Assessments, a powerful solution that streamlines and scales the cloud assessment process, allowing partners to run assessments against multiple cloud-native frameworks as well as custom frameworks. CoreStack helps 750+ global enterprises govern more than $2B in annual cloud consumption. Frost & Sullivan, Forrester, Gartner, S&P Global, and IDC have recognized CoreStack as an innovator and leader in cloud management. The company is a Microsoft Azure (Legacy) Gold Partner, Amazon AWS Technology Partner with Cloud Operations Competency, Oracle Cloud Build Partner, and Google Cloud Build Partner. To learn more, visit www.corestack.io.

About Deloitte

Deloitte provides industry-leading audit, consulting, tax and advisory services to many of the world’s most admired brands, including nearly 90% of the Fortune 500® and more than 8,500 U.S.-based private companies. At Deloitte, we strive to live our purpose of making an impact that matters by creating trust and confidence in a more equitable society. We leverage our unique blend of business acumen, command of technology, and strategic technology alliances to advise our clients across industries as they build their future. Deloitte is proud to be part of the largest global professional services network serving our clients in the markets that are most important to them. Bringing more than 175 years of service, our network of member firms spans more than 150 countries and territories. Learn how Deloitte’s approximately 457,000 people worldwide connect for impact at www.deloitte.com.

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 US member 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 www.deloitte.com/about to learn more about our global network of member firms.

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"We're grateful to our customers and partners for their trust and support. CoreStack is committed to providing them with innovative cloud governance solutions to help them attain cloud efficiencies with unwavering confidence." Ez Natarajan, CEO, CoreStack