Inc. Magazine Unveils Its 37th Annual List of America’s Fastest-Growing Private Companies—the Inc. 5000
August 16, 2018
ROCHESTER, N.Y. August 16, 2018 | Inc. magazine today revealed that CloudSmartz is No. 3729 on its 37th annual Inc. 5000, the most prestigious ranking of the nation’s fastest-growing private companies. 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.
“For the third year in a row, CloudSmartz is honored to be named to the Inc. 5000 list of America’s fastest-growing private companies,” said Dan Wagner, CloudSmartz CEO, and co-founder. “This achievement is a true testament to the dedication of our people, as only one in every four companies makes the prestigious list three times.”
“This recognition helps to validate our vision to bring innovative and futureproof solutions to our Communications Service Provider customers,” said Manjeet Dhariwal, CloudSmartz CTO, and co-founder. “Our growing product suite, called Acumen360™, enables an omnichannel digital experience and on-demand product availability through a single-pane-of-glass. This end-to-end solution bridges the gap in the CSP Digital Transformation journey with a single source of truth and new revenue opportunities while at the same time minimizing cross-functional disruptions and operational expenses.”
Not only have the companies on the 2018 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 15) been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists. The 2018 Inc. 5000 achieved an astounding three-year average growth of 538.2 percent, and a median rate of 171.8 percent. The Inc. 5000’s aggregate revenue was $206.1 billion in 2017, accounting for 664,095 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 www.inc.com/inc5000.
“If your company is on the Inc. 5000, it’s unparalleled recognition of your years of hard work and sacrifice,” says Inc. editor in chief James Ledbetter. “The lines of business may come and go, or come and stay. What doesn’t change is the way entrepreneurs create and accelerate the forces that shape our lives.”
The annual Inc. 5000 event honoring the companies on the list will be held October 17 to 19, 2018, at the JW Marriott San Antonio Hill Country Resort, in San Antonio, Texas. As always, speakers include some of the greatest innovators and business leaders of our generation.
CloudSmartz is a leader in digital customer experience management providing digital transformation and virtualized network and software solutions for Communications Service Providers (CSPs) around the world. Their innovative and future-proof product suite, called Acumen360™, enables omni-channel digital experience and on-demand product availability through a single-pane-of-glass. The global disciplined agile delivery model provides their customers complete end-to-end delivery capability and support with 200+ telecom software professionals with offices in the United States, Asia Pacific and Europe, Middle East & Africa. For more information please visit our website www.cloudsmartz.com or email info(at)cloudsmartz.com.
More about Inc. and the Inc. 5000
The 2018 Inc. 5000 is ranked according to percentage revenue growth when comparing 2014 and 2018. To qualify, companies must have been founded and generating revenue by March 31, 2014. They had to be U.S.- based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2017. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2014 is $100,000; the minimum for 2017 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 18,000,000 today. For more information, visit 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/.