Today, Inc. magazine announced that Government Services Technology Company, Ignite IT, has been ranked No. 298 overall on the annual Inc. 5000 list, as well as being ranked as the 7th fastest-growing business in the Government Services sector, and the 10th fastest-growing business in the state of Virginia.
The list represents a one-of-a-kind look at the most successful companies within the economy's most dynamic segment—its independent businesses. Some of the largest businesses today in their respective sectors gained their first national exposure on the Inc. 5000 list.
The companies on the 2022 Inc. 5000 not only have been successful, but also demonstrated resilience amid supply chain woes, labor shortages, and the ongoing impact of Covid-19. Among the top 500, the average median three-year revenue growth rate soared to 2,144%. Together, those companies added more than 68,394 jobs over the past three years.
Ignite IT is a digital startup born from a group of expert IT architects and engineers obsessed with delivering world-class Cybersecurity, Agile Development, DevOps Security and Risk Management, IT Modernization, and Automation solutions. Ignite IT has found marked success in the government sector as a key member of one of the largest agile software factories in the world, as well as with its groundbreaking innovation lab. Ignite's teams operate across the country as they and their customers focus on winning the future together.
"Ignite's placement on the Inc. 5000 list confirms what its staff, partners, and customers already know—that Ignite IT has been successful because we've built a company focused entirely on delivering for our customers," said Steven Pichney, Ignite's CEO. "Ignite has focused on bringing to bear the best talent in the sector to go above and beyond for our customers, and that has clearly been recognized in the results we deliver."
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.
"The accomplishment of building one of the fastest-growing companies in the U.S., in light of recent economic roadblocks, cannot be overstated," says Scott Omelianuk, editor-in-chief of Inc. "We're thrilled to honor the companies that have established themselves through innovation, hard work, and rising to the challenges of today."
Inc. 5000 Methodology
Companies on the 2022 Inc. 5000 are ranked according to percentage revenue growth from 2018 to 2021. To qualify, companies must have been founded and generating revenue by March 31, 2018. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of Dec. 31, 2021. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2018 is $100,000; the minimum for 2021 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to four decimal places. The top 500 companies on the Inc. 5000 are featured in Inc. magazine's September issue. The entire Inc. 5000 can be found at http://www.inc.com/inc5000.
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Original Source: Ignite IT Announces Inc. 5000 Placement