Inc. Magazine Unveils Its Fourth Annual Exclusive List of America’s Fastest-Growing Private Companies—the Inc. 5000Burlington, MassachusettsOctober 28, 2010
Acronis Ranks No. 2137 on the 2010 Inc. 5000, No. 73 in Boston
NEW YORK, Oct. 28, 2010 – Inc. magazine recently ranked Acronis, Inc., a leading provider of easy-to-use backup, recovery and security solutions for physical, virtual and cloud environments, at 2137, on its fourth annual Inc. 5000, an exclusive ranking of the nation's fastest-growing private companies. This is Acronis' third consecutive year on the Inc. 5000. The company ranked 73 in Boston, the fifth-hottest metro area for fast-growing companies with 189 companies in the list. Acronis ranked 144 in the software industry out of 273 companies.
The list represents the most comprehensive look at the most important segment of the economy—America’s independent-minded entrepreneurs. Music website Pandora, convenience store chain 7-Eleven, Brooklyn Brewery, and Radio Flyer, maker of the iconic children’s red wagon, are among the prominent brands featured on this year’s list.
Acronis’ family of advanced, scalable backup, recovery and security solutions for physical, virtual and cloud environments helps enterprises safeguard their information and assures the availability, security, integrity and recoverability of their infrastructure. Its recently launched Acronis Backup & Recovery® 10 Online, based on the company’s award-winning, patented disk imaging and bare metal restore technology, meets the needs of small, medium and larger organizations, by providing increased scalability, backup efficiency, and enhanced operations manageability – and offers the advantages of a secondary redundant data store without a substantial upfront investment. Acronis products, including Acronis® True Image™ Home 2011, are designed to make backing up and recovering files, folders, email, Windows® 7 libraries, or even a user’s complete system easier than ever – so that users can quickly restore their full operating state prior to any failure – including the entire hard disk including operating system, or individual applications, updates, settings, and data.
“Despite the struggling recovery, customers continue to value our products, making this Acronis' third year on the Inc. 5000,” said Dana Prestigiacomo, vice president, marketing, at Acronis. “Our technology can help businesses that are trying to keep their PCs and servers in operation for longer than ever as well as those who want to protect their capital investments as they've upgraded to Windows 7. For the home market, PCs are seen as a necessity, not a luxury, which is why more home users look to Acronis to protect their digital assets – files, music, video, photos and data – and want to quickly recover their settings from a system crash, hard drive failure or virus. They're finding the protection Acronis offers more important than ever.”
The 2010 Inc. 5000, unveiled recently on Inc.com, serves as a unique illustration of the profound changes taking place in the U.S. economy. The Government Services sector showed the biggest gain in terms of the number of companies on the list, up 33 percent from last year to 335 companies. Government Services was also the second-fastest-growing sector in terms of median revenue growth, posting a 202 percent gain over the 2006-2009 measuring period. More than half of these companies are based in Maryland, Virginia, and Washington, D.C.
Despite the fact that most of this year’s measuring period of 2006-2009 took place during the latest recession, aggregate revenue among the companies on the list actually increased to $321.6 billion, up more than 50 percent from last year. The effects of the recession are seen, however, in the median three-year growth rate, which dropped to 96 percent from last year’s 126 percent. This year’s Inc. 5000 employ a record 1.4 million people, up from one million on last year’s list. With unemployment remaining stubbornly high, policymakers and business leaders will do well to look to the Inc. 5000 companies for fresh ideas on achieving growth and creating jobs.
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 on www.inc.com/5000.
The Hottest Regions for Fast-Growing Companies
Once again, California tops the Inc. 5000 with the most companies of any state with 684. The Golden State is followed by Texas (404), New York (353), Virginia (293), and Florida (262). All 50 states, plus Washington, D.C., and Puerto Rico, are represented on this year's list.
New York boasts 410 Inc. 5000 companies, making it the top metro area, followed by Washington, D.C. (363), Los Angeles (262), Chicago (203), and Boston (189).
The Inc. 5000 posted an aggregate revenue of $321.6 billion in 2009, up more than 50 percent from the previous year. The top five industries by total revenue are Business Products & Services ($84.7 billion), Health ($48.3 billion), Consumer Products & Services ($26.4 billion), Retail ($22.3 billion), and Government Services ($15.1 billion).
The 2010 Inc. 500|5000 is ranked according to percentage revenue growth when comparing 2006 to 2009. To qualify, companies must have been founded and generating revenue by June 30, 2006. Additionally, they had to be based in the United States, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2009 (Since then, a number of companies on the list have gone public or been acquired). The minimum revenue required for 2006 is $80,000; the minimum for 2009 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. The top 10 percent of companies on the list constitute the Inc. 500, now in its 29th year.
About Inc. Magazine
Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc. (www.inc.com) is the only major business magazine dedicated exclusively to owners and managers of growing private companies that delivers real solutions for today’s innovative company builders. With a total paid circulation of 712,647, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. Visit us online at www.inc.com.
Acronis sets the standard for hybrid cloud data protection through its backup, disaster recovery, and secure file sync and share solutions. Powered by the Acronis AnyData Engine and set apart by its image technology, Acronis delivers easy, complete and affordable data protection of all files, applications and operating systems across any environment—virtual, physical, cloud and mobile. Founded in 2003, Acronis protects the data of over 5 million consumers and 500,000 businesses in over 145 countries. With more than 100 patents, Acronis products have been named best product of the year, and cover a range of features, including migration, cloning and replication. Today, Acronis solutions are available worldwide through a global network of service providers, distributors and cloud resellers.
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