Hometown Glory
Cutting-edge city: Houston tech companies showing growth power
Deloitte Touche Tohmatsu, an international accounting and consulting firm, has released its annual list of the 500 fastest-growing technological companies, and nine Houston companies made the global cut.
The Deloitte Technology Fast 500 names Psychological Software Solution Inc., ERF Wireless Inc., Alert Logic, BBS Technologies Inc., RigNet Inc., Additech Inc., PreCash Inc., US Dataworks Inc. and Merrick Systems Inc., with Psychological Software Solutions placing highest among the locals at No. 43 in the world.
Psychological Software Solutions focuses on behavioral improvement solutions for schools with a Review360 program that analyzes data and recommends behavioral approaches for teachers to take. The company, which CultureMap wrote about in August when it was ranked in Inc. magazine's list of the world's 500 fastest-growing companies, made $6.13 million last year — a 3,089-percent increase from 2005.
(Nine H-Town companies also made Inc.'s list, although Psychological Software Solutions was the only overlap.)
Software companies are the most prevalent on Deloitte's new list, followed by biotechnology/pharmaceuticals.