Inc. Magazine Unveils Its Annual List of America’s Fastest-Growing Private Companies—the Inc. 5000
Rochester, NY, August 15, 2019 —
Inc. magazine today revealed that CloudSmartz is No. 2022 on its annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. This is the fourth time CloudSmartz has placed on the Inc. 5000 list with three-year revenue growth of 199 percent and jumping up 1707 spots since last year. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses. Microsoft, Dell, Domino’s Pizza, Pandora, Timberland, LinkedIn, Yelp, Zillow, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
“This prestigious recognition is a testament to our mission in helping transform forward-thinking CSPs into next-generation, on-demand, customer-centric service providers,” said Dan Wagner, CEO and co-founder of CloudSmartz. “This accomplishment could not have happened without the amazing teams at CloudSmartz who put in 100% every day to make us the best at what we do for our customers around the world. I look forward to the next year and all that we will accomplish as a team.”
Not only have the companies on the 2019 Inc. 5000 (which are listed online at Inc.com, with the top 500 companies featured in the September issue of Inc., available on newsstands August 20) been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists. The 2019 Inc. 5000 achieved an astounding three-year average growth of 454 percent, and a median rate of 157 percent. The Inc. 5000’s aggregate revenue was $237.7 billion in 2018, accounting for 1,216,308 jobs over the past three years.
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at http://www.inc.com/inc5000.
“The companies on this year’s Inc. 5000 have followed so many different paths to success,” says Inc. editor in chief James Ledbetter. “There’s no single course you can follow or investment you can take that will guarantee this kind of spectacular growth. But what they have in common is persistence and seizing opportunities.”
The annual Inc. 5000 event honoring the companies on the list will be held October 10 to 12, 2019, at the JW Marriott Desert Ridge Resort and Spa in Phoenix, Arizona. As always, speakers include some of the greatest innovators and business leaders of our generation.
CloudSmartz is a challenger in the industry for Lifecycle Service and Customer Orchestration, enabling digital transformation for Communications Service Providers (CSPs) around the world. CloudSmartz is an orchestrator-of-orchestrators with a mission to help transform forward-thinking CSPs into next generation, on-demand, customer centric service providers. Gartner has recently named CloudSmartz as a 2018 Cool Vendor in Communications Service Provider Business Operations, have been recently awarded, “Most Innovative Technology Provider” & “Innovations in Aggregation” by Pipeline Magazine – and as of 2019, Inc. 5000 named CloudSmartz one of America’s Fastest Growing Privately-Held Companies for Four Consecutive Years in a row (2016, 2017, 2018, 2019). For more information go to http://www.cloudsmartz.com.
More about Inc. and the Inc. 5000
The 2019 Inc. 5000 is ranked according to percentage revenue growth when comparing 2015 and 2018. To qualify, companies must have been founded and generating revenue by March 31, 2015. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2018. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2015 is $100,000; the minimum for 2018 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/inc5000.
About Inc. Media
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders. Inc. took home the National Magazine Award for General Excellence in both 2014 and 2012. The total monthly audience reach for the brand has been growing significantly, from 2,000,000 in 2010 to more than 20,000,000 today. For more information, visit http://www.inc.com.
The Inc. 5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list has become the hallmark of entrepreneurial success. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates the remarkable achievements of these companies. The event also offers informative workshops, celebrated keynote speakers, and evening functions.
For more information on Inc. and the Inc. 5000 Conference, visit http://conference.inc.com/.