San Francisco, CA (PRWEB) August 22, 2013
AnswerLab, the nation’s leading firm with an exclusive focus on user experience research services, today announced its ranking of 1950 on Inc. magazine's seventh annual Inc. 500|5000 list 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. Fuhu tops this year’s list. AnswerLab joins LivingSocial, Edible Arrangements, CDW and Lifelock, among other prominent brands featured on this year’s list.
"The proliferation of digital interactions has served to increase the need for user experience research on websites, smart phones, tablets, ATMs, cars, and appliances. That explosion has driven the demand for AnswerLab's consulting services and fuels our five- time ranking on the Inc. list of the country’s most vibrant and successful private organizations," says Amy Buckner Chowdhry, AnswerLab CEO.
In a stagnant economic environment, median growth rate of 2013 Inc. 500|5000 companies remains an impressive 142 percent. The companies on this year’s list report having created over 520,000 jobs in the past three years, and aggregate revenue among the honorees reached $299 billion.
"Not all the companies in the Inc. 500 | 5000 are in glamorous industries, but in their fields they are as famous as household name companies simply by virtue of being great at what they do. They are the hidden champions of job growth and innovation, the real muscle of the American economy," says Inc. Editor Eric Schurenberg.
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.
In related news of recognitions for entrepreneurship, AnswerLab's CEO Amy Buckner Chowdhry was nominated as a founding member of Ernst & Young's Global Women in Business Advisory Council. The Council is designed to harness the insights and experiences of top women entrepreneurs, considering the challenges faced by women in business today, in order to boost opportunities for all women. The Council intends to provide women with the right information, networks and guidance so they can access mentors, networks and capital.
"Entrepreneurs are more important than ever to the global economy – especially in the emerging markets. Women own a third of all businesses in the world, nearly half of which are in the developing countries. If women started businesses with the same capital as men, the US alone would have 6 million more jobs," says Global Vice Chair Maria Pinelli, who spearheads the new initiative. Pinelli has been a leader in the EY Entrepreneur Of The Year (EOY) award program for the past decade, and understands firsthand what it takes for a startup enterprise to win the world’s most prestigious, highly competitive and independently judged global business honor.
"I am eager to help promote women entrepreneurs through the EY Global Women in Business Advisory Council. It’s an honor to be serving with an inspirational group of female leaders and to be contributing to Ernst & Young's commitment to the success of women in business, " says Amy Buckner Chowdhry.
About AnswerLab:
AnswerLab delivers trusted customer insights that help the world’s leading brands build outstanding digital products and services. The company focuses exclusively on user experience research to understand what people see, do, think and feel when using web sites, mobile applications, and other digital products. AnswerLab’s clients depend on their recommendations about product concepts, features, design and messaging to create more engaging customer experiences that drive results. Global market leaders select AnswerLab as their user experience research partner, including Amazon.com, Citibank, Conde Nast, PayPal, Walmart, Honda, ESPN, FedEx, Genentech, eBay, Salesforce.com, Amgen, Intuit and Harley Davidson.
More about Inc. and the Inc. 500|5000
Methodology
The 2013 Inc. 500|5000 is ranked according to percentage revenue growth when comparing 2009 to 2012. To qualify, companies must have been founded and generating revenue by March 31, 2009. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2012. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2009 is $100,000; the minimum for 2012 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.
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 on the Global Women in Business Advisory Council, contact Tracy Thorius on +44 207 980 0076.