Inc. Magazine Unveils Its First-Ever List of D.C. Metro’s Fastest-Growing Private Companies—The Inc. 5000 Series: D.C. Metro
Simple Technology Solutions Ranks No. 19 on the inaugural 2020 Inc. 5000 Series: D.C. Metro With Two-Year Revenue Growth of 475%!
NEW YORK, February 26, 2020 – Inc. magazine today revealed that Simple Technology Solutions (STS) is No. 19 on its inaugural Inc. 5000 Series: D.C. Metro list, the most prestigious ranking of the fastest-growing private companies in D.C., Maryland, Virginia, and Delaware. Born of the annual Inc. 5000 franchise, this regional list represents a unique look at the most successful companies within the D.C. Metro economy’s most dynamic segment—its independent small businesses.
“STS is exceptionally honored to achieve this regional recognition. DC has emerged as one of the prominent tech hubs in the U.S. and we’re proud to be a part of that growth,” says STS Principal Adrian Rich. “STS views every dollar of revenue as confirmation of value delivered to our customers and team members! Our team is looking forward to exceeding this year’s pace through our continued value creation for our present and future customers.”
The companies on this list show stunning rates of growth across all industries in the D.C. metropolitan area. Between 2016 and 2018, these 250 private companies had an average growth rate of 196 percent and, in 2018 alone, they employed over 88,000 people and added $6.5 billion in revenue to the greater D.C. area’s economy. Companies based in the Washington, D.C., Baltimore, and Richmond, Virginia, metro areas brought in the highest revenue overall.
Complete results of the Inc. 5000 Series: D.C. Metro, including an interactive database that can be sorted by industry, metro area, and other criteria, can be found at inc.com/inc5000-series-dc-2020 starting February 26, 2020.
“The companies on this list demonstrate just how much the small-business sector impacts the economies of D.C., Maryland, Virginia, and Delaware” 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.”
Simple Technology Solutions (STS) is an 8(a) & HUBZone small Federal Business featuring advanced partnerships with Amazon Web Services, Microsoft Azure and Google Cloud Platform. STS has in-depth experience helping Federal and State government agencies in their Agile/DevOps/Cloud adoption and transformation. We’re experienced government contractors, coaches and thought leaders guiding government IT leaders through the Agile/DevOps/Cloud mental, skill and organizational shifts.
CONTACT: Adrian Rich, firstname.lastname@example.org
More about Inc. and the Inc. 5000 Regional Series
The 2020 Inc. 5000 Regional Series is ranked according to percentage revenue growth when comparing 2016 and 2018. 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, 2018. (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 2018 is $1 million. As always, Inc. reserves the right to decline applicants for subjective reasons.
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 www.inc.com.