eTRANSERVICES is One of America’s Fastest-Growing Private Companies—the Inc. 5000
FREDERICKSBURG, Va., August 17, 2020 (Newswire.com) – Inc. magazine revealed on August 12, 2020, that eTRANSERVICES is No. 1319 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. Intuit, Zappos, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
“Our company’s accomplishment is a direct reflection of our employees and their hard work supporting our customers and partners. I’m proud that eTRANSERVICES is one of the prestigious companies on this list. We understand that most people work for us because they believe in “an idea worth working for” along with the rewards and benefits provided. Thank you, team eTRANSERVICES, for all your hard work.”
The 2020 Inc. 5000 achieved an incredible three-year average growth of over 500 percent and a median rate of 165 percent. The Inc. 5000’s aggregate revenue was $209 billion in 2019, accounting for over 1 million 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 top 500 companies are also being featured in the September issue of Inc., available on newsstands August 12.
“The companies on this year’s Inc. 5000 come from nearly every realm of business,” says Inc. editor-in-chief Scott Omelianuk. “From health and software to media and hospitality, the 2020 list proves that no matter the sector, incredible growth is based on the foundations of tenacity and opportunism.”
eTRANSERVICES is a premier global provider of Systems Engineering & Integration, Information Technology, Information Assurance & Cybersecurity, Cloud, and Business Services. Our Universal Design Platform as a Service (UDPaaS) product is a cloud-based Intelligent Business Automation Platform that brings together agencies’ digital transformation strategy, end-to-end business processes, workforce experiences, and user experiences using any device with a web browser. eTRANSERVICES anticipates and adapts to a changing world by transforming advanced technologies into value for our customers through our professional solutions, services, and process-driven workforce.
Methodology – The 2020 Inc. 5000 is ranked according to percentage revenue growth when comparing 2016 and 2019. To qualify, companies must have been founded and generating revenue by March 31, 2016. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2019. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2016 is $100,000; the minimum for 2019 is $2 million. Companies on the Inc. 500 represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/inc5000.