Inc. Magazine Unveils Its Annual Exclusive List of America’s Fastest-Growing Private Companies—the Inc.500|5000

Kitware Ranks No. 1245 on the 2012 Inc. 500|5000 with Three-Year Sales Growth of 248%

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It’s evident that the world is becoming increasingly open source friendly, and that more industries and government agencies are realizing the cost and agility benefits that the Way of the Source offers.

Clifton Park, NY (PRWEB) August 24, 2012

Inc. magazine today ranked Kitware #1245 on its sixth annual Inc. 500|5000, an exclusive ranking of the nation's fastest-growing private companies. The 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. Kitware joins Yelp, yogurt maker Chobani, Giftcards.com, KIND and famed hatmaker Tilly’s, among other prominent brands featured on this year’s list.

This is the fifth year that Kitware has been featured on the Inc 5000 list. With an industry ranking of #104, Kitware attributes its success to their open-source business model and support of talented employees who are energized about the company’s research initiatives, which span the areas of computer vision, data management, informatics, medical computing, scientific computing and visualization, and quality software process.

“We honored to be named to the list for the fifth consecutive year,” said Will Schroeder, President and CEO of Kitware. “It’s evident that the world is becoming increasingly open source friendly, and that more industries and government agencies are realizing the cost and agility benefits that the Way of the Source offers.”

In a stagnant economic environment, 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. 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. Editor Eric Schurenberg.

CONTACT:
Katie Sharkey
Communications Specialist
Office: 518-881-4407
Email: katie(dot)sharkey(at)kitware(dot)com

About Kitware
Kitware is an open-source solutions provider for research facilities, government institutions, and corporations worldwide. Founded in 1998, Kitware specializes in research and development in the areas of visualization, medical imaging, computer vision, quality software process, data management, and informatics. Kitware is headquartered in Clifton Park, NY, with offices in Carrboro, NC and Lyon, France. More information can be found at http://www.kitware.com.
About Inc.
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.


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