The company attributes 500% of its revenue growth to the surge in enterprise demand for self-service video content creation
Socialive announced today that it is ranked 258th in the Deloitte Technology High-Growth 500. (Illustration: Business Wire)
Socialive announced today that it is ranked 258th in the Deloitte Technology High-Growth 500. (Illustration: Business Wire)
LOS ANGELES--(BUSINESS WIRE)--Socialive, an enterprise self-service video content creation platform, today announced that it ranks 258th in the Deloitte Technology High-Growth 500. This is the fastest-growing 500 technology, Media, telecommunications, life sciences, financial technology and energy technology companies in North America. Socialive is recognized for the company's 500% revenue growth from 2017 to 2020.
David Moricca, founder and CEO of Socialive, said: "In the past few years, video has become the preferred way for companies to tell stories, engage and communicate with audiences, and achieve record adoption in 2021. -And there is no end in sight." "In order to meet the changing needs of modern enterprises in this paradigm shift, we have invested heavily in our self-service platform for creating video content. Therefore, Fortune 500 and high-growth companies have invested in us The demand for our solutions has increased significantly. Our inclusion in the Deloitte Technology High-Growth 500 is a testament to the commitment and dedication of our entire team to help companies drive value through better and more frequent video creation."
According to the study "The State of Enterprise Video in 2021: Creation, Broadcasting, Distribution", 88% of companies now expect their video content output to grow substantially next year to meet the growing demand within the company. However, it is challenging to produce high-quality videos on a large scale while maintaining brand standards, because companies often lack budget, team capabilities, and internal expertise. With its self-service video content creation platform, Socialive enables businesses to quickly and easily create, broadcast, and distribute unlimited live and on-demand videos in studio quality. Socialive enables anyone to become their own prolific video creator, regardless of their technical expertise.
"Every year, the high-tech and high-growth 500 will provide help to leading technology innovators, and this year is no exception," said Paul Silverglate, vice chairman of Deloitte & Touche and head of the US technology industry. "Faced with the countless challenges of the pandemic, the best and brightest people are able to turn, reshape, transform and grow. We celebrate winning organizations, especially the talented employees who drive their success."
To learn more about Socialive, please visit socialive.us.
About 2021 Deloitte Technology Fast 500™
The Deloitte Technology High-Growth 500 companies are now in their 27th year, ranking the fastest-growing technology, media, telecommunications, life sciences, financial technology, and energy technology companies (including public and private companies) in North America. The High Growth Technology 500 winners are selected based on the percentage of revenue growth from the 2017 to 2020 fiscal year. In order to be eligible to be recognized by the High-Growth Technology 500, a company must have proprietary intellectual property or technology sold to customers, and these products contribute to the company's operating income for most people. The company’s base year operating income must be at least US$50,000, and the current year’s operating income must be at least US$5 million. In addition, the company must be in operation for at least four years and be headquartered in North America.
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee ("DTTL"), its network of member companies, and related entities. DTTL and each of its member companies are legally independent entities. DTTL (also known as "Deloitte Global") does not provide services to customers. In the United States, Deloitte refers to one or more US member firms of DTTL, its associated entities operating under the name "Deloitte" in the United States, and their respective associated companies. According to the rules and regulations of public accounting, certain services may not be used to certify customers. Please visit www.deloitte.com/about to learn more about our global network of member firms.
Socialive provides companies with the power to create self-service video content. This is the fastest and easiest way to create, broadcast, and distribute unlimited live and on-demand videos with studio quality. The Socialive platform puts the intuitive professional video production workflow in the hands of content producers and daily business users, lowering the barriers to entry and increasing the video output created by employees. Video enables brands to connect with people in fresh and dynamic ways, but it is difficult to produce great videos on a large scale while maintaining brand standards-budgets, team capabilities, and internal expertise may be in short supply. Real-time production with Socialive unlocks video use cases, establishes interpersonal relationships through relevant content, and turns videos into a powerful engagement channel for the community of employees, customers, and partners to enhance brand loyalty and company culture. Socialive's Studio in the Cloud™ and the integrated Virtual Green Room retain the authenticity of real-time video, while simplifying the end-to-end process from creation to delivery, integrating the number of tools traditionally required for video production. Socialive is mobile-friendly and easy to use, helping to bring different people and perspectives together to amplify the sounds that are distributed between organizations and regions. The industry's first remote recording function of the platform can capture high-quality video anytime, anywhere from any device with full enterprise-level control. Leading companies and high-growth companies including Schwab, Deloitte, Nike, Oracle, TikTok, The New York Times, Walmart, and Zendesk use Socialive to drive business value through better and more frequent video creation. Greet wonderful moments with video. ™
Andrew Smith Bhava Social Communication socialive@bhavacom.com 1 (310) 941-7251
Socialive, an enterprise-oriented self-service video content creation platform, announced today that it is ranked 258th in the Deloitte Technology High-Growth 500.
Andrew Smith Bhava Social Communication socialive@bhavacom.com 1 (310) 941-7251