Inc. Magazine Unveils Its First-Ever List of Texas's Fastest-Growing Private Companies — The Inc. 5000 Series: Texas

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Softeq Development Ranks No. 146 on the inaugural 2020 Inc. 5000 Series: Texas With Two-Year Revenue Growth of 276 Percent

Softeq Development Ranks No. 146 on the inaugural 2020 Inc. 5000 Series: Texas

Softeq

Today Softeq is a full-stack, full-cycle software and hardware development team of more than 300 capable of engineering end-to-end solutions from scratch, transforming analog businesses to digital, and designing technology systems that scale for growth globally.

Inc. magazine today revealed that SOFTEQ DEVELOPMENT CORPORATION is No. 146 on its inaugural Inc. 5000 Series: Texas list, the most prestigious ranking of the fastest-growing Texas-based private companies. Born of the annual Inc. 5000 franchise, this regional list represents a unique look at the most successful companies within the Texas economy's most dynamic segment—its independent small businesses.

"In 1997, Softeq was established as a one-person business in Houston, Texas. Today we are a full-stack, full-cycle software and hardware development team of more than 300 capable of engineering end-to-end solutions from scratch, transforming analog businesses to digital, and designing technology systems that scale for growth globally. We have always anticipated IT trends, and now focus on the highest growth segments in hardware and software: the Internet of Things, immersive technologies, Machine Learning, blockchain, robotics, and industrial automation. This — alongside the ability to solve business-specific problems faced by our customers — defines us as a company. We feel proud and grateful to be part of the first 2020 Inc. 5000 Series: Texas list, and admire the magazine’s mission to provide an objective overview of the dynamics in the Texas entrepreneurial landscape," says Christopher A. Howard, Softeq Development Corporation Founder and CEO.

The companies on this list show stunning rates of growth across all industries in Texas. Between 2016 and 2018, these 250 private companies had an average growth rate of 294 percent and, in 2018 alone, they employed 36,000 people and added $11 billion to the Texas economy. Companies based in the largest metro areas—Dallas, Houston, Austin, and San Antonio—brought in the highest revenue overall.

Complete results of the Inc. 5000 Series: Texas, including company profiles and an interactive database that can be sorted by industry, metro area, and other criteria, can be found at inc.com/inc5000-series-texas-2020 starting March 13, 2020.

"The companies on this list demonstrate just how much the small-business sector impacts Texas's economy," says Inc. editor in chief Scott Omelianuk. "Across every single industry, these businesses have posted revenue and growth rates that are beyond impressive, further proving the tenacity of their founders and CEOs."

The winning companies on the Inc. 5000 Series: Texas list will be announced at the Inc. Founders House event at SXSW on March 13, 2020.

About Softeq Development Corporation

Founded in 1997 and headquartered in Houston, Texas, Softeq Development operates offices in Munich, Germany and Minsk, Belarus. Softeq is a preferred technology development partner to Fortune 500 Enterprise clients and innovative startups operating primarily in the Consumer Electronics, Oil & Gas, and Automotive industries. The company provides full-stack end-to-end implementation of advanced IoT solutions and next-gen wearable tech – from hardware design to complex embedded solutions to tightly connected device-to-application cloud ecosystems. Building upon years of hands-on software development across low-level, mobile, desktop, and web solutions, Softeq has earned a spot in the Inc. 5000 for the past two years consecutively. The Softeq customer roster includes Verizon, Lenovo, Epson, AMD, Intel, Disney, and a number of well-funded startups. Learn more at http://www.softeq.com

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