Today InnoPath announced that we have been named the 17th fastest growing private company in Silicon Valley by the Silicon Valley / San Jose Business Journal. While considerable pain is being felt in many places, it is testament to the technology and people we have, and our ability to execute, that we were able to earn this award. The company’s strong financials provide differentiation vs. some of our competitors in the MDM space, and the ability to take a long-term view is critical in times of constrained capital spending.

The full press release is available here, and as follows:

The Silicon Valley / San Jose Business Journal has ranked InnoPath Software as the 17th fastest growing private company in Silicon Valley, and honored the company at its annual Fast 50 awards dinner. This ranking reflects the company’s leadership in Mobile Device Management (MDM) as well as the company’s financial controls and its ability to convert customer engagements into actual revenue.

“With a global customer base of Tier-1 wireless operators and device manufacturers, InnoPath has consistently demonstrated leadership in MDM over the past five years,” said John Fazio, President and CEO of InnoPath. “We have the right solution at the right time, offering operators in an tough economic environment the controls that will drive costs out of their customer care organizations while enabling superior customer service.”

InnoPath’s solution enables mobile operators’ care organizations to provide better service with reduced expenses in the face of increasing device and service complexity. InnoPath is unique in delivering a standards-based pre-integrated solution that is extensible based on the business requirements of the operator. The ROI for MDM-enabled customer care has been proven in a recent study by the analyst firm Stratecast which places the annual global operator exposure at over $25 billion, much of which may be saved through MDM.