Reston, VA (PRWEB) August 22, 2012
Inc. Magazine has recognized RFID Global Solution, Inc. as one of the nation’s fastest growing private companies. The Reston-based company ranks No. 1055 on the 2012 Inc. 500|5000 list, and 92nd in the software category. The list represents the most comprehensive look at a very important segment of the economy – America’s independent entrepreneurs. RFID Global Solution joins companies such as Microsoft, Oracle, Intuit, Pandora and Facebook, as well as many other well-known firms that gained early exposure as members of the Inc. 500|5000.
The seven-year old company develops and deploys real-time asset management solutions for the data center and enterprise asset tracking markets. RFID Global Solution’s software platform is designed to improve operations and logistics, and provides applications for IT asset tracking, inventory management and work-in-process tracking. The firm serves clients in the aerospace, communications, financial, healthcare and IT markets. RFID Global Solution achieved a three-year growth rate of 299 percent.
“We are honored to be included on the Inc. 5000 list of leading, high-growth private companies. This is a tribute to the commitment and hard work of our employees, customers and business partners, all of whom have contributed to our growth over the last three years,” said Diana Hage, President and CEO of RFID Global Solution.
The 2012 Inc. 500|5000, unveiled in the September issue of Inc., is the most competitive in the list’s history. In a challenging economic environment, the median growth rate of 2012 Inc. 5000 companies was an impressive 97 percent. The companies on this year’s list report aggregate revenue of $299 billion and having created over 400,000 jobs in the past three years. 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 http://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,” says Inc. magazine Editor Eric Schurenberg.
Methodology - More about Inc. and the Inc. 500|5000
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.
About RFID Global Solution
RFID Global Solution, Inc. provides real-time, asset management solutions for the enterprise. Our solutions focus on the data center, aerospace and healthcare markets. Visi-Trac™, our software platform, automates tracking and managing IT assets, aerospace parts, and medical equipment. RFID Global Solution is an elite partner of Motorola Solutions, and Cisco and IBM business partner. RFIDGS was recognized with a Boeing Silver Eagle award for supply chain innovation and is Cisco’s systems integrator for their data center RFID rollout, recognized as the ‘Best RFID Implementation of 2012’ by RFID Journal. RFIDGS received the Technology Innovator Award, small business category, from SmartCEO in May 2012. Learn more about us by visiting http://www.rfidgs.com.
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 http://www.inc.com.