Business News
Servigistics Named One of America’s 5000 Fastest-Growing Private Companies Second Year in a Row
2008-08-25 07:50:00
Servigistics Ranks No. 1,242 on the 2008 Inc. 5000 With Three-Year Sales
Growth over 300 Percent
ATLANTA, Aug. 25 // -- Inc. Magazine ranked Servigistics
1,242 on its second annual ranking of the 5,000 fastest-growing private
companies in the country. In addition, Servigistics earned a place among
the Top 100 private software companies in the U.S. The list is the most
comprehensive look at the most important segment of the economy --
America's independent-minded entrepreneurs. Taken as a whole, these
companies represent the backbone of the U.S. economy.
"Our second annual Inc. 5000 continues the most ambitious project in
business journalism," said Inc. 5000 Project Manager Jim Melloan. "The Inc.
5000 gives an unrivalled portrait of young, underreported companies across
all industries doing fascinating things with cutting-edge business models,
as well as older companies that are still showing impressive growth."
"Our rapid growth at Servigistics is a result of the increasingly
strategic investments leading companies are making to better serve their
customers," said Eric Hinkle, Chief Executive Officer, Servigistics. "We
are excited to make the Inc. 5000, and within that, the Top 100 private
software companies."
The 5000 companies that made the list reported aggregate revenue of
$185 billion and median three-year growth of 147 percent. Most important,
the 2008 Inc. 5000 companies were engines of job growth, having created
more than 826,033 jobs since those companies were founded. Complete results
of the Inc. 5000, including company profiles and a list of the
fastest-growing companies that can be sorted by industry and region can be
found at http://www.inc5000.com .
Hottest Regions for Fastest-Growing Companies
The New York metro area tops the Inc. 5000 list with the most companies
of any city with 355. Washington, D.C. comes in a close second with 300
companies on the list; Los Angeles comes in third with 244 companies, and
Atlanta (194 companies) and Chicago (189 companies) round out the top five.
Interestingly, only 62 companies on the Inc. 5000 are not based in
metropolitan areas.
Methodology
The 2008 Inc. 5000 list measures revenue growth from 2004 through 2007.
To qualify, companies must be U.S.-based and privately held, independent --
not subsidiaries or divisions of other companies -- as of December 31,
2007, and have had at least $200,000 in revenue in 2004, and $2 million in
2007.
About Inc.com
Inc.com, the daily resource for entrepreneurs, delivers how-to guides,
advice, tools, breaking news, and rich multi-media to help business owners
and CEOs start, run, and grow their businesses. Inc.com offers dynamic
marketing solutions to help advertisers effectively reach Inc.com's
audience of business leaders. Visit http://www.inc.com .
About Inc. 500|Inc. 5000 Conference
Each year, Inc. magazine and Inc.com celebrate the remarkable
achievements of today's entrepreneurial superstars -- the privately held
small businesses that drive our economy. The Inc. 500|Inc. 5000 Conference
brings together members of the Inc. 5000 community -- both a new class of
Inc. 5000 honorees and the list's alumni -- for three days of powerful
networking, inspired learning, and momentous celebration. For the first
time ever, this powerful networking event is open to all. Please join us
September 18-20, 2008 at the Gaylord National Resort and Convention Center
in Washington, D.C. For more information or to register, visit
http://www.Inc500Conference.com or call us at 877-211-0489.
About Servigistics
Servigistics is the leading strategic service management solution
provider, offering service parts management, workforce management, pricing
solutions and knowledge management that operate together on a single data
model to enable companies to transform their global service operations by
dramatically increasing profitability, cash flow, and customer loyalty.
Servigistics solutions have been deployed and proven globally by a highly
referenceable client base of market-leading companies across industries in
high technology, aerospace, motor vehicles, telecommunications, medical
equipment, consumer durables, and heavy industrial. Servigistics is a
privately-held company headquartered in Atlanta, with regional headquarters
in the UK, Japan, and India, and sales and service professionals around the
world. Please contact Servigistics at 1.888.942.8623 or +1.770.565.2340,
via e-mail at [email protected], or via the Web at
http://www.servigistics.com/ .
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