Moving forward, our goal is to spur growth by both exploring and expanding the definition of our industry.
Austin, TX (PRWEB) August 24, 2012
Acumen has been ranked number 434 on Inc. magazine’s 31st Inc. 500|5000 with a three-year sales growth of 861%. Inc. 500|5000 is an exclusive ranking of the nation's fastest-growing private companies. The list represents the most comprehensive look at America’s independent entrepreneurs.
“The Acumen team is very proud to be honored on this year’s list. We like to think that this tremendous growth was accomplished by our focus on consistent innovation and the drive to support our users and their needs,” said Acumen CEO, Dr. Dan Patterson.
A trailblazing project management software company, Acumen has been changing the way project managers look at Critical Path Method (CPM) scheduling since the launch of its first product, Acumen Fuse. Close to four years after being founded, Acumen already ranks 35th in the computer software industry and has navigated a three-fold increase in employees.
"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.
The 2012 Inc. 500, unveiled in the September issue of Inc., is the most competitive crop in the list’s history. To make the cut, companies had to have achieved a staggering minimum of 770% in sales growth. Companies such as Microsoft, Intuit, Vizio, Oracle, and many other well-known names gained early exposure as members of the Inc. 500|5000.
“Moving forward, our goal is to spur growth by both exploring and expanding the definition of our industry. We’ve proven the rule: innovation only moves you forward,” said Dr. Patterson.
Based in Austin, Texas, Acumen was born from an acknowledged need for improved project performance, insight, and vision through analytics with respect to both timeline and bottom line. As a project management solutions company, Acumen is the indisputable best at providing insight into project challenges and using analytics to effectively overcome them, as well as aligning successful performance with corporate vision.
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.