Washington Technology, the online authority for government contractors and partners, released the annual ranking of the fastest-growing small businesses in the government market.
Spotlighting an incredible year in the small business community, Simple Technology Solutions (STS) took the #13 spot with an annual growth rate of 114.3%.
To be considered for the Fast 50, STS submitted revenue data for years 2013 through 2018. Washington Technology then calculated the compound annual growth rates for that five-year period. Companies are ranked according to their compound annual growth rate, not total revenue.
“STS is exceptionally honored to achieve this recognition. We have been grinding from our standing start in 2014 to the brisk pace of today’s growth,” says STS Managing Principal, Adrian Rich. “We view every dollar of revenue as confirmation of value delivered to our customers and team members! STS looks forward to exceeding this year’s growth pace through our continued value creation for our present and future customers.”
Companies on the 2019 edition of the Fast 50 represent the full spectrum of capabilities, technologies and customers that make up the GovCon market.
Rounding out 2019, STS ranks #427 on the 2019 Inc. 5000 list and received the 2019 “Best Places to Work” accolade from the Washington Business Journal.
About Simple Technology Solutions
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. In addition to being experienced government contractors, we are experienced coaches and thought-leaders guiding government IT leaders through the Agile/DevOps/Cloud mental, skill and organizational shifts.