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WASHINGTON D.C., September 16, 2008 – BroadPoint Technologies announced its ranking today as Number 2840 the Inc 5000 fastest-growing private companies in the country. 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.”
BroadPoint attributes its continued growth to an investment in the brightest technology solution consultants with a range of field experience including working with non-profits, associations, government agencies, and private industries including health care, manufacturing, distribution and various franchises.
“BroadPoint has worked hard to differentiate itself as an applications consulting firm that understands the needs of federal agencies as well as mid-market organizations, particularly those that are outgrowing their financial and customer management systems,” said Lee Raesly, CEO of BroadPoint Technologies. “As a multi-year Inc. 5000 honoree, it is always great for the BroadPoint team to be recognized for its continued leadership and innovation.”
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 www.inc5000.com.
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, including BroadPoint, 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.
BroadPoint’s growth of 26% contributed to making IT Services the largest category within the 5000 companies. IT Services, made up 579 Inc. 5000 companies. Business Services (532 companies), Construction (459), Manufacturing (405), and Advertising & Marketing (361) complete the top five industries ranked on the 2008 Inc. 5000. Industries reporting the highest median revenue are Travel ($38.8 million), Financial Services ($16.3 million), Logistics ($15.4 million) Government Services ($14.2 million), and Energy ($14.2 million).
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.
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.
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 www.Inc500Conference.com or call us at 877-211-0489.
BroadPoint Technologies is a business applications consulting firm that specializes in implementing and tailoring software solutions for mid-sized organizations. BroadPoint solutions help organizations run more efficiently and make better decisions—so that ultimately they can better manage their growth. With headquarters based in the Washington, D.C. Metro Area, BroadPoint partners with Microsoft, Oracle, and ASI (iMIS) to deliver ERP, CRM, and membership management solutions to clients.
