ALBUQUERQUE, N.M., Sept. 2, 2020 /PRNewswire-PRWeb/ -- Data science, artificial intelligence and visualization company RS21 is No. 485 on Inc. magazine's annual Inc. 500 list, the most prestigious ranking of the nation's fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy's most dynamic segment—its independent small businesses.
RS21 grew 947 percent from 2016 to 2019 and ranks No. 8 in its industry category, IT System Development. The company has created more than 100 big data platforms for clients in government, healthcare, non-profit, and private businesses to improve health, community safety, security and cybersecurity, infrastructure resilience and disaster preparedness.
"To make the Inc. 500 list—to place in the top 10 percent of America's fastest-growing companies—is a huge honor," said Charles Rath, RS21 President and CEO. "We are just getting started, and I can't wait to see our team's continued innovations and growth as we help even more people use data for good."
RS21 was also recognized as a Fast Company 2020 Best Workplace for Innovators for its commitment to encouraging innovation at all levels and for the creation of the Urban Health Vulnerability Index, a data analytics tool that identifies urban neighborhoods at higher risk for COVID-19.
RS21's recent work also includes developing a microgrid siting tool to encourage the adoption of sustainable energy systems and visualizing the potential flood impact on communities to keep citizens and businesses safe from flood events.
"The companies on this year's Inc. 5000 come from nearly every realm of business," says Inc. editor-in-chief Scott Omelianuk. "From health and software to media and hospitality, the 2020 list proves that no matter the sector, incredible growth is based on the foundations of tenacity and opportunism."
Not only have the companies on the 2020 Inc. 500/5000 list been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists as well. The 2020 list of companies achieved an incredible three-year average growth of over 500 percent, and a median rate of 165 percent. The Inc. 5000's aggregate revenue was $209 billion in 2019, accounting for over 1 million jobs over the past three years.
The Inc. 500 companies are featured in the September issue of Inc., available on newsstands now. 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/inc5000.
METHODOLOGY
The 2020 Inc. 5000 is ranked according to percentage revenue growth when comparing 2016 and 2019. To qualify, companies must have been founded and generating revenue by March 31, 2016. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2019. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2016 is $100,000; the minimum for 2019 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/inc5000.
ABOUT INC. MEDIA
The world's most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit http://www.inc.com.
For more information on the Inc. 5000 Conference, visit http://conference.inc.com/.
ABOUT RS21
RS21 is a rapidly growing, global data science and visualization company with offices in Albuquerque, NM and Washington, DC. We empower organizations to make data-driven decisions that positively impact the world through innovative solutions that are insightful, intuitive, inspiring, and intellectually honest. Using MOTHR, our human-centered, artificial intelligence-driven platform that allows users to seamlessly integrate data and reveal insights at hyper speed, we help clients achieve programmatic goals, improve efficiencies, reduce costs, and maximize productivity. We navigate complex data issues in the fields of healthcare, population health, infrastructure resilience, disaster preparedness, supply chain management, community safety, and security and cybersecurity. For more information, visit http://www.rs21.io.
SOURCE RS21
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