XOi advances on the fastest growing companies in North America on the 2024 Deloitte Technology Fast 500™

21 Nov 2024
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Key Takeaways

XOi advances on the 2024 Deloitte Technology Fast 500, moving up in the rankings as one of North America's fastest-growing technology companies — reflecting continued revenue acceleration driven by demand for field service intelligence.

Advancing on Deloitte Fast 500

XOi's improved ranking on the 2024 Deloitte Fast 500 reflects revenue growth that's accelerating — not plateauing — as the field service intelligence market expands.

Sustained growth, recognized again

Back-to-back Deloitte Fast 500 appearances confirm XOi's ability to sustain high growth rates over multiple years across an expanding contractor customer base.

Table of contents

XOi Named to the 2024 Deloitte Technology Fast 500

XOi ranked No. 464 on the 2024 Deloitte Technology Fast 500™, an annual ranking recognizing the fastest-growing technology companies in North America.

The company reported 225% revenue growth during the evaluation period.

Recognition for Growth and Innovation

The Deloitte Technology Fast 500 recognizes high-growth companies across industries including:

  • Technology
  • Media
  • Telecommunications
  • Life sciences
  • Fintech
  • Energy technology

Now in its 30th year, the program highlights organizations driving innovation and sustained growth across North America.

Growth Driven by Demand for Intelligent Field Service Solutions

Aaron Salow, founder and CEO of XOi, attributed the company’s growth to increasing demand within the field service industry for:

  • Deeper operational intelligence
  • AI-powered solutions
  • Data-driven workflows
  • Greater workforce efficiency amid labor shortages

Salow emphasized the company’s focus on delivering advanced solutions that help contractors operate more effectively and efficiently.

Focus on AI and Skilled Trades Technology

According to Salow, advancements in artificial intelligence are reshaping the skilled trades, and XOi aims to provide highly informative and intelligent solutions tailored to field service contractors.

The company’s platform is designed to help businesses:

  • Improve service efficiency
  • Capture and analyze field data
  • Support technicians in real time
  • Deliver more consistent customer outcomes

He also highlighted the broader role field service professionals play in maintaining essential systems and infrastructure.

Platform Capabilities and Contractor Benefits

XOi provides contractors and technicians with tools for managing data from both current service calls and historical projects.

Platform capabilities include:

  • Visual data collection and documentation
  • Virtual support and mentoring tools
  • AI-powered operational insights
  • Historical service data access
  • Workflow and equipment intelligence

These tools are intended to improve productivity, transparency, and service quality across field operations.

Commentary from Deloitte Leadership

Steve Fineberg, vice chair and U.S. technology sector leader at Deloitte, noted that the software industry continued to demonstrate strong growth and innovation in this year’s rankings.

He also highlighted the increasing presence of high-performing private companies within the program.

Christie Simons, partner at Deloitte, emphasized that this year’s winners demonstrated a continued commitment to innovation, transformation, and sustained growth.

About the 2024 Deloitte Technology Fast 500

The Deloitte Technology Fast 500 ranks the fastest-growing public and private companies in North America based on percentage fiscal-year revenue growth from 2020 through 2023.

To qualify, companies must:

  • Own proprietary intellectual property or technology
  • Generate the majority of revenue from technology products
  • Meet minimum revenue thresholds
  • Be headquartered in North America
  • Have operated for at least four years

Reported 2024 Fast 500 company growth ranged from 201% to 186,373%, with:

  • An average growth rate of 2,100%
  • A median growth rate of 460%

About XOi

XOi develops technician-first smart technology for commercial and residential field service organizations.

Its platform combines:

  • AI-powered analytics
  • Visual documentation
  • Remote support
  • Workflow automation
  • Equipment and operational intelligence

The company focuses on helping contractors modernize operations, improve technician productivity, and deliver stronger customer experiences.

Visit: XOi

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