Inc. magazine today revealed that 7Summits once again appeared on its annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. 7Summits’ appearance on the 2019 list marked its fourth time earning this achievement, a feat that only 1 in 13 companies accomplish.
“7Summits is thrilled to be recognized among the country’s fastest-growing companies for the fourth time in our 10-year history,” said 7Summits CEO Paul Stillmank. “Making this list as a services provider this many times is truly a testament to the strength of our people and sustainability of our solutions. As the leaders in community-driven digital transformations, we look forward to remaining on the cutting edge of our industry and maintaining our rapid ascent.”
In its fourth appearance on the Inc. 5000, 7Summits came in at #4,806. The company also appeared on the 2014, 2015 and 2016 lists, ranking 639, 1287 and 2875, respectively.
Not only have the companies on the 2019 Inc. 5000 been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists. The 2019 Inc. 5000 achieved an astounding three-year average growth of 454 percent, and a median rate of 157 percent. The Inc. 5000’s aggregate revenue was $237.7 billion in 2018, accounting for 1,216,308 jobs over the past three years.
“The companies on this year’s Inc. 5000 have followed so many different paths to success,” says Inc. editor in chief James Ledbetter. “There’s no single course you can follow or investment you can take that will guarantee this kind of spectacular growth. But what they have in common is persistence and seizing opportunities.”
7Summits is the leader in community-driven digital transformation solutions that empower customers, enable partners, and unleash employees. Our proven approach combines strategic consulting, user-centered experience design, and deep technical expertise to improve clients’ business processes through collaboration and automation. 7Summits is a Salesforce Platinum Consulting Partner, a two-time recipient of Salesforce Venture funding, and is recognized by industry analysts and observers as a standout digital solutions provider.
The 2019 Inc. 5000 is ranked according to percentage revenue growth when comparing 2015 and 2018. To qualify, companies must have been founded and generating revenue by March 31, 2015. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2018. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2015 is $100,000; the minimum for 2018 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.
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