STACK Construction Technologies Honored on the First Annual Inc. 5000 Series: Midwest List of Fastest Growing Companies in the Midwest
With a 113% 2-year growth rate, STACK continues to positively impact the construction technology market and help users to drive business growth
CINCINNATI, March 31, 2020 /PRNewswire-PRWeb/ -- Inc. Magazine has recently revealed that STACK Construction Technologies [STACK], provider of the industry's leading cloud-based preconstruction software platform, ranks #195 on its new list, the Inc. 5000 Series: Midwest. The series ranks the 250 fastest-growing companies in Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota, and Wisconsin. STACK has also been included on the annual Inc. 5000 list for three consecutive years.
"Historically, much of the preconstruction process involved old-fashioned, PC-based, desktop software that was completely disconnected from the rest of the business. We built STACK to thrive in the cloud. That foundation, paired with new and innovative functionality that unlocks more of the project data from plans and specs than ever before is empowering teams to work together smarter and in real-time," said Phillip Ogilby, Founder and CEO at STACK. "The positive impact on our customers' business has been significant and our growth continues as a result."
Because of explosive industry growth and fierce competition, it's more important than ever for contractors to streamline their takeoff and estimation process to focus on the right projects and reduce time spent on bids. STACK software introduces efficiency and accuracy to a previously risk-prone preconstruction process and allows teams to collaborate effectively and in real-time – resulting not only in increased bid submissions but also in projects that are more strategically aligned with contractors' goals and strengths.
"Our team is energized by the fact that our solution is helping construction firms to estimate more work, in less time, with much greater accuracy than ever before," Ogilby concluded.
Companies on the Midwest list had an average growth rate of 360%. In 2018, they employed 27,000 people and had a $13 billion impact on the Midwest economy. The highest overall revenue is from Chicago, Detroit, and Cincinnati companies.
Complete results for STACK and all members of the 2020 Inc. 5000 Series: Midwest can be found at https://www.inc.com/inc5000-series-midwest-2020.html.
About Stack Construction Technologies
STACK Construction Technologies is the industry's leading cloud-based software solution for preconstruction professionals. It provides a centralized hub where plans, specs and other construction documents can be stored, evaluated, measured and shared. Founded and headquartered in Cincinnati, OH, STACK delivers intuitive and innovative software for thousands of subcontractors, general contractors, suppliers and manufacturers to ultimately improve the project's outcome and profitability. STACK powers seamless plan and document management, real-time team collaboration and a more efficient digital takeoff and estimating process. For more information or to see how STACK software is helping preconstruction teams to bid and win more profitable work, visit http://www.stackct.com.
SOURCE STACK Construction Technologies
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