Chicago, IL – Intetics is named one of America’s fastest-growing private companies by a leading business magazine as part of its 34th annual list. This is Intetics’ 8th consecutive time on the list – only a small fraction of companies have achieved the same recognition.
Intetics achieved a 3-year growth of 51% with revenue of $14.4 million and final rank of 4739, adding 111 jobs. IT services as a whole grew by 112%, while the state of Illinois ranked as the 6th fastest growing state in the US, and the location of Intetics headquarters, Chicago, ranked 4th fastest growing entrepreneurial city.
“It’s a great honor to be on this list, especially when we’ve been included for eight consecutive years,” comments Intetics president and CEO, Boris Kontsevoi. “For a global company with roots in Eastern Europe this recognition is all the more meaningful. It demonstrates our commitment to providing outstanding software development services.”
The list represents the most comprehensive look at the most important segment of the economy—America’s independent entrepreneurs. Companies such as Yelp, Pandora, Timberland, Dell, Domino’s Pizza, LinkedIn, Zillow, and many other well-known names gained early exposure as members of a leading business magazine community.
Being on the List of Fastest-Growing Companies in the U.S. is a great achievement, especially if a company is featured for more than one year in a row. It means the company has shown spectacular growth consistently, which takes vision, leadership, and producing great work.
About Intetics
Intetics creates and operates effective distributed technology teams focused on software product development, IT support, quality assurance and data processing. The company enables IT rich, innovative organizations to capitalize on available global talent, based on a proprietary business model of Remote In-Sourcing®, advanced Quality Management Platform, measurable SLAs, and Intetics’ in-depth engineering expertise. Their core know-how lays in design of software products in conditions of incomplete specifications. For more information, please visit www.intetics.com.
Methodology
The 2015 Fastest-Growing Companies List is ranked according to percentage revenue growth when comparing 2011 to 2014. Companies must have been founded and generating revenue by March 31, 2011 to qualify. They had to be U.S.-based, privately held, for-profit, and independent–not subsidiaries or divisions of other companies–as of December 31, 2014. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2011 is $100,000; the minimum for 2014 is $2 million.
