Boston, MA, August 24, 2012 --(PR.com
)-- Performance Architects, Inc. (www.performancearchitects.com), a business and technology consulting company that helps organizations initiate and sustain major improvements in enterprise performance, announced today that the company ranked number 1241 on Inc. magazine’s Inc. 500|5000 ranking of the nation's fastest-growing private companies. Performance Architects also achieved number 81 in the U.S. Inc. 500|5000 “Business Products and Services” category and number 40 in the greater Boston area (their headquarters location) out of all companies and categories.
The Inc. 500|5000 list represents the most comprehensive look at the most important segment of the economy - America’s independent entrepreneurs. Unified Payments tops this year’s list. Performance Architects joins Yelp, yogurt maker Chobani, Giftcards.com, KIND and famed hatmaker Tilly’s, among other prominent brands featured on this year’s list.
"We are excited to be included on the Inc. 500|5000 list as one of the most rapidly growing companies in the U.S.,” said Ken Chen, co-founder and Principal at Performance Architects. "Our success is a reflection of the Performance Architects’ team’s efforts to provide exceptional service to our customers and partners. We thank the Performance Architects community for their trust and continued support in helping us earn this award for the second year in a row,” said Mark Solimini, co-founder and Principal at Performance Architects.
In a stagnant economic environment, the median growth rate of 2012 Inc. 500|5000 companies remains an impressive 97 percent. The companies on this year’s list report having created over 400,000 jobs in the past three years, and aggregate revenue among the honorees reached $299 billion.
Complete results of the Inc. 500|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/5000. "Now, more than ever, we depend on Inc. 500/5000 companies to spur innovation, provide jobs, and drive the economy forward. Growth companies, not large corporations, are where the action is,” said Inc. Editor Eric Schurenberg.
The 2012 Inc. 500|5000 is ranked according to percentage revenue growth when comparing 2008 to 2011. To qualify, companies must have been founded and generating revenue by March 31, 2008. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies - as of December 31, 2011. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2008 is $100,000; the minimum for 2011 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 www.inc.com/500.
Ms. Kirby Lunger
SVP, Sales, Marketing & Alliances
About Performance Architects:
Performance Architects, Inc. is a business and technology consulting company that partners with our clients to initiate and sustain significant improvements in enterprise performance. We offer business consulting to help establish and enhance performance management processes either across your organization or within specific functions; technology consulting to make sure that the appropriate data and information are available to make the best decisions to improve performance; and industry expertise to provide the context for what your organization should do to lead within your segment.
Performance Architects is an Oracle PartnerNetwork Platinum Partner. Our team has worked with Oracle Hyperion products since these products were launched, and maintains deep experience with the entire Oracle Business Intelligence Enterprise Edition (OBIEE) suite. Performance Architects' services in this arena include implementing or augmenting financial applications, reporting and analysis solutions, and underlying technologies both organization-wide or within specific functional areas such as Finance, IT, HR, Sales & Marketing, and Operations. More information about Performance Architects is available at www.performancearchitects.com.
About Inc. Magazine:
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. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 6,000,000 today. For more information, visit www.inc.com.