"We depend on Inc. 500|5000 companies to spur innovation, provide jobs, and drive the economy forward."
New York, NY (PRWEB) August 27, 2012
Inc. magazine has ranked Pedigree Technologies of Fargo, ND, 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.
“We are humbled and honored to have been included in this year’s Inc 500|5000,” said Alex Warner, Founder & CEO of Pedigree Technologies. “I started this company with the vision of creating technology that would provide businesses complete visibility into their operations. This focus, along with our tremendous team of employees, has led to our success and I am proud to share this recognition with them.”
The Fargo-based technology company operates in the fast growing sector of machine-to-machine (M2M) technology. Pedigree Technologies OneView® uses connected technologies to track, monitor, and diagnose remote assets from a single software platform. The suite of web- and tablet-based applications provides real-time insight into operations, with actionable data for better decision making. Users can manage essential vehicles, equipment, inventories, and workers from anywhere, at any time, on any device with an Internet connection.
“Being included in this prestigious list is an exceptional reward for our hard work,” Warner added.
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.
"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.
Pedigree Technologies is headquartered in Fargo, North Dakota and operates satellite locations in Boston, MA; Denver, CO; Dickinson, ND; Houston, TX; New Orleans, LA; San Francisco, CA; and Sioux Falls, SD.
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.
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. 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 http://www.inc.com/500.
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.