BOCA RATON, Fla., Nov. 15, 2018 /CNW/ -- Gubagoo, a leading provider of conversational commerce solutions for Automotive Dealerships and OEMs, today announced it ranked 399 on Deloitte's Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America. Gubagoo grew 195 percent during this period.
Gubagoo's CEO, Brad Title, credits the company's impressive revenue growth on its innovative technology and best-in-class 24/7/365 live chat, text, and behavioral marketing product portfolio which has been developed in close collaboration with Automotive Dealers. Title said, "I am tremendously proud of the Gubagoo employees whose domain knowledge and technical expertise drive our innovation. This award is yet another affirmation of our role as the market leader in conversational commerce solutions for Automotive Dealerships and OEMs."
Gubagoo is one of the most innovative players in the nascent conversational commerce category, and recently announced the launch of Gubagoo Virtual Retailing, a new digital retailing solution that will enable consumers to buy cars online from Automotive Dealership websites and Facebook using live chat and video. It will deliver a hand held, white glove experience that will lower consumer defection and boost revenue growth for Automotive Dealers.
"Congratulations to the Deloitte 2018 Technology Fast 500 winners on this impressive achievement," said Sandra Shirai, vice chairman, Deloitte LLP, and U.S. technology, media and telecommunications leader. "These companies are innovators who have converted their disruptive ideas into products, services and experiences that can captivate new customers and drive remarkable growth."
"Software, which accounts for nearly two of every three companies on the list, continues to produce some of the most exciting technologies of the 21st century, including innovations in artificial intelligence, predictive analytics and robotics," said Mohana Dissanayake, partner, Deloitte & Touche LLP, and Industry Leader for technology, media and telecommunications, within Deloitte's audit and assurance practice. "This year's ranking demonstrates what is likely a national phenomenon, where many companies from all parts of America are transforming the way we do business by combining breakthrough research and development, entrepreneurship and rapid growth."
About Deloitte's 2018 Technology Fast 500™
Deloitte's Technology Fast 500 provides a ranking of the fastest growing technology, media, telecommunications, life sciences 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 2014 to 2017.
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 $50,000 USD, and current-year operating revenues of at least $5 million USD. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
Gubagoo is the leading provider of conversational commerce solutions for Automotive Dealerships and OEM's. They use our powerful messaging and digital retailing solutions to activate the online car buying experience from their website or Facebook. Our fully managed omni-channel live messaging service instantly connects consumers to Dealerships anytime and anywhere through live dealer chat, text, video and Messenger, converting high quality leads and appointments for Dealerships 24/7/365.
At the core of our solution is Gubagoo's patented behavioral and scoring algorithm which makes each human interaction more intelligent and highly personalized, and contributes to superior lead conversion.
More than 4,000 Dealerships, including some of the world's largest dealer groups and certified OEM programs, rely on Gubagoo to sell more cars and create more satisfied customers. For more information, visit www.Gubagoo.com, e-mail email@example.com or call 855.359.2573.
For further information: Karen Makedon, Gubagoo, 855-359-2573 and Karen.Makedon@gubagoo.com, http://www.gubagoo.com