Inc. Magazine Unveils Its Annual List of
America’s Fastest-Growing Private Companies—the Inc. 5000
For the 2nd Time, Opex Technologies Appears on the Inc. 5000, Ranking No. 1880 With Three-Year Revenue Growth of 215 Percent
NEW YORK, August 14, 2019 – Inc. magazine today revealed that Opex Technologies is No. 1880 on its annual Inc. 5000 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. Microsoft, Dell, Domino’s Pizza, Pandora, Timberland, LinkedIn, Yelp, Zillow, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
“We are honored to be on the list for a second year in a row, up from No. 3180 last year to No. 1880 this year. I also love seeing us at No. 14 for top Raleigh, NC companies because we live in an area with so many prominent technology companies. Opex is seeing tremendous growth and it is because of our successful clients and the amazing team of experienced professionals who passionately serve those clients. We aim to be the most trusted advisor for our clients as we guide them through their technology disruption journey and this Inc. 5000 accomplishment proves the value we offer is helping our clients and our providers be successful. Success is contagious and we are excited to see the value and momentum we have built continue to grow!”
– Courtney Humphrey, CEO, Opex Technologies
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.
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 www.inc.com/inc5000.
“The companies on this year’s Inc. 5000 have followed so many different paths to success, 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.”
– James Ledbetter, Inc. Editor in Chief
In 2018, Opex Technologies made the Inc. 5000 list for the very first time and ranked No. 3180. The jump up to 1880 in just one year speaks volumes to the tremendous growth of the company. Opex Technologies is a trusted advisor for all things cloud, data center, security, network and voice solutions. We don’t sell technology, but we do help our clients discover, research, negotiate, implement, and support operating expense technology solutions every day. We take what is a very complex, time consuming process and simplify it. We do the research daily. We analyze the providers. We know how to lower your costs. We have researched over 10,000 technology solutions and have helped over 800 clients implement these solutions.
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More about Inc. and the Inc. 5000
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.
About Inc. Media
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders. Inc. took home the National Magazine Award for General Excellence in both 2014 and 2012. The total monthly audience reach for the brand has been growing significantly, from 2,000,000 in 2010 to more than 20,000,000 today. For more information, visit www.inc.com.
The Inc. 5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list has become the hallmark of entrepreneurial success. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates the remarkable achievements of these companies. The event also offers informative workshops, celebrated keynote speakers, and evening functions.
For more information on Inc. and the Inc. 5000 Conference, visit http://conference.inc.com/.