Aureus Tech Systems, a Denver Based Technology Company Appears On the Inc 5000 for the Third Year in a Row
DENVER, August 15, 2019 /PRNewswire-PRWeb/ -- Inc. magazine today revealed that Aureus Tech Systems is No. 2143 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 included in the rankings alongside such impressive companies for the third time in a row. Aureus's vision and strategy has always been to create cutting-edge solutions that put our customers one step ahead. Aureus's sustained annual growth is a testament to not only the increasing prevalence and validity of cloud and edge technology, but our solutions and products putting companies at the forefront of digital transformation," said Sujata Bhattarai, CEO, Aureus.
One of the key drivers for Aureus Tech Systems' growth is continuous investments in R&D to help with clients' mobility and cloud transformation.
In 2014, Aureus was at a crossroads. They were doing well as a technology consulting business, but needed to decide whether to continue down the same path of traditional technology consulting or transform to meet the growing demand of cloud-based software.
"Our instinct to switch gears, heavily invest in R&D, and transform into a cloud-based solution and product company turned out to be the best decision we could have made. The biggest challenge for an entrepreneur is to create a robust and scalable organization that aligns with a high-growth strategy. To accomplish this, we focused on a combination of people, process, tools and domain expertise. And Microsoft Azure and our growing partnership with Microsoft has been a great enabler. We are grateful to Microsoft for their continued investments in our research and development initiatives" stated Abhishek Pakhira, COO, Aureus.
Not only have the companies on the 2019 Inc. 5000 (which are listed online at Inc.com, with the top 500 companies featured in the September issue of Inc., available on newsstands August 20) 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 http://www.inc.com/inc5000.
"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."
More about Aureus Tech Systems
Aureus offers Cloud-enabled Application Modernization, Digital Workplace, Predictive Analytics & Data Visualizations, and IoT solutions, and e-Discovery using Microsoft365/Azure as an integrated one-platform experience.
Aureus' upcoming release of its cloud based e-Discovery software, Anvesa is focused on conversational AI, artificial intelligence and making the application even more simply and intuitive.
More about Inc. and the Inc. 5000
Methodology
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 http://www.inc.com.
SOURCE Aureus Tech Systems
