RFID Global Solution named to Inc 5000 for second consecutive year; at 150% three-year growth rate, ranked in Top 10 fastest growing software companies in Virginia
Reston, VA (PRWEB) September 30, 2013
Inc. Magazine has recognized RFID Global Solution, Inc. for the second consecutive year as one of the nation’s fastest growing private companies. The Reston-based technology company ranks among the top 10 high-growth software companies in Virginia, achieving a three-year growth rate of 150%, and is No. 2411 on the 2013 Inc. 500|5000 list. The Inc. 5000 list represents the most comprehensive look at an important segment of the economy – America’s independent entrepreneurs. RFID Global Solution (RFIDGS) joins companies such as Oracle, Microsoft and Facebook, as well as many other well-known firms that gained exposure as members of the Inc. 500|5000.
RFID Global Solution operates in the high growth sectors of radio frequency identification and M2M ‘machine-to-machine’ technology. The firm provides real-time asset management software for the data center and enterprise markets. Visi-Trac™, the company’s application software, automates tracking and managing IT assets, production parts and warehouse assets, providing unprecedented visibility and business insights. The firm serves a wide range of clients in the communications, financial services, industrial and healthcare markets.
“We are excited to be recognized as an Inc. 5000 company for the second year in a row. Our rapid growth attests to demand for this technology, as well as the innovation and quality of our software and services,” said Diana Hage, chief executive officer, RFID Global Solution.
The 2013 Inc. 500|5000, unveiled in the September issue of Inc., is a highly competitive award. The median growth rate of 2013 Inc. 5000 companies is an impressive 142%. The companies on this year’s list have created over 520,000 jobs in the past three years, and earned $241 billion in total revenue. 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.
“The Inc. 5000 was harder to get into this year than ever in its history. To rank among the 2013 Inc. 5000, companies had to thrive through three of the toughest years this economy has seen. Success in such times is eloquent testimony to a team’s creativity, resilience and tenacity. These firms are the hidden champions of job growth and innovation, the real muscle of the American economy,” says Inc. Editor Eric Schurenberg.
Methodology - More about Inc. and the Inc. 500|5000
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. Companies 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.
About RFID Global Solution
RFID Global Solution, Inc. is the leading provider of real-time asset management solutions for the enterprise. Visi-Trac™, the company’s inventory management application, simplifies and automates tracking and managing IT assets, warehouse parts, and medical equipment. Visi-Trac integrates mobile devices and input from ERP and procurement applications into an easy-to-use, intuitive system, improving quality of service and financial results. RFID Global Solution serves a wide range of clients in the data center, healthcare and industrial markets. See http://www.rfidgs.com for more information.
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, aiming to deliver real solutions for today’s innovative company builders. Total monthly audience reach for the brand has grown significantly from 2 million in 2010 to over 6 million today. For more information visit http://www.inc.com.