Network Automation, Inc. Ranks on Inc. 500|5000
Aug 23, 2013 (Close-Up Media via COMTEX) --
Inc. Magazine on August 20 ranked Network Automation, Inc. No. 449 on its seventh annual Inc. 500|5000, a ranking of the nation's fastest-growing private companies.
According to a release, the list represents a look at an important segment of the economy -- America's independent entrepreneurs. Unified Payments tops this year's list.
"We are reinvigorated about the growth of our company and honored to be named amongst other leaders in the technology industry," said Dustin Snell, CEO and Founder of Network Automation, Inc. "After eight consecutive years of growth and three years on the Inc. 500|5000, we continue to make strides and lead the industry."
Network Automation, Inc. said that in January, the company announced its best quarter on record, with year-over-year revenue growth of 47 percent in Q4. With a three-year growth rate of 51 percent, the company's growth is poised to continue in its 10th year in business.
Additionally, the start of Q4 2012 also marked the return of company founder Dustin Snell as CEO. In January 2011, Snell moved to the role of Chief Software Architect and CTO to be more actively engaged in product strategy and technical concept for the AutoMate products. With a product roadmap now re-energized, Snell is resuming as CEO to expand Network Automation's growth in the automation market, which is seeing rapid integration of virtual and cloud environments alongside traditional on-premise systems.
The 2013 Inc. 500|5000 is ranked according to percentage revenue growth when comparing 2009 to 2012. To qualify, companies must have been founded and generating revenue by March 31, 2009. They had to be U.S.-based, privately held, for profit, and independent -- not subsidiaries or divisions of other companies -- as of December 31, 2012. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2009 is $100,000; the minimum for 2012 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 on Inc. Magazine's website.
Each year, Inc. and Inc.com celebrate the remarkable achievements of today's entrepreneurial superstars - the privately held small businesses that drive the economy. The Inc. 500|5000 Conference & Awards Ceremony brings together members of the Inc. community, both a new class of Inc. 500|5000 honorees and the list's alumni, for three days of networking, inspired learning, and momentous celebration. Please join us October 10-12, at the Gaylord National Resort and Convention Center in Washington, D.C.
Inc. is a brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for company builders.
Network Automation, Inc. is a provider of automation software that streamlines and integrates business processes.
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