Science Arts, Inc., the provider of Buddycom, won the 2021 Japan Technology Fast 50 (hereinafter “Fast 50”) award from Deloitte Touche Tohmatsu Limited. Science Arts ranked 28th out of the top 50 with a growth rate of 104.3% based on sales for the past three fiscal years.
For the third consecutive year, Buddycom’s growth rate for the current fiscal year was 104.3%, improving the ranking from 39th last year to 28th.
In addition, there was a significant increase in the growth rate of license subscription revenue during the same period, and this growth rate is still steadily increasing.
The service is also an essential communication platform that can be used in the field for a long time once deployed, with a low monthly churn rate*1 of 0.49% per month on average for the fiscal year ending August 2021.
※1: ID Churn Rate: For the fiscal year ending August 31, 2021, the monthly average of “the number of cancelled IDs in the month divided by the total number of contract IDs in the previous month.
Encouraged by this award, Buddycom will continue to explore AI, robotics, combined with new technologies like VA/VR, and will continue to develop and bring innovation in all fields and industries. Providing this service to the global marketplace will enable us to fulfil our mission to “connect people around the world gracefully”.
Japan Technology Fast 50 is the Japanese version of the ranking program conducted by Deloitte Touche Tohmatsu Limited (DTTL) in approximately 40 countries and three regions of North America, Europe and Asia-Pacific, and serves as a benchmark for growth and success in the TMT industry. The top 50 companies in terms of revenue growth over the last three financial years are ranked based on applications from companies in the TMT industry, both listed and unlisted.