Ignify, a global ERP, CRM consulting firm, eCommerce software provider and Microsoft Gold Certified Partner announced that they have been named to the prestigious Inc. 500 list. The company ranked 19th in the IT Services category and 194th overall for fastest growing business in North America. This marks the third straight year that Ignify has ranked in various North American â€œFastest 500â€ lists honoring strong company growth. In addition to the recent Inc. 500 accomplishment, Ignify in 2007 ranked 177th in the Entrepreneur Magazineâ€™s HOT 500 and in 2008 ranked 107th nationwide and 5th in Southern California in the Deloitte FAST 500. Ignify will be officially honored at the 28th Annual Inc. 500|5000 Conference & Award which will be held on September 23-25, 2009 at the Gaylord National Resort and Convention Center in Washington D.C.
The Inc. 500|500 list recognizes the fastest growing private companies in the United States who have demonstrated steady revenue growth year over year. The 2009 Inc. 500|500 list measured revenue growth from 2006 through 2008. To qualify, companies have to be U.S.-based, privately held independent â€“ not subsidiaries or divisions of other companies â€“ as of December 31, 2006, and have at least $600,000 in net sales in the base year.
For the year ending March 31st, 2009 – Ignify has seen year on year growth in revenues of over 30 percent; and a five year overall growth rate of 1500 percent and a 50 percent increase in its year on year operating cash flow.
â€œWe are extremely pleased to be recognized by a world-class organization such as Inc. Magazine,â€ said Sandeep Walia, president of Ignify. â€œOur inclusion on this yearâ€™s list marking a three year consecutive run is a tremendous validation of the consistent level of hard work and commitment to customer service the Ignify team demonstrates each and every day. I couldnâ€™t be more proud – even in this current unsteady economic climate we have still maintained strong year on year growth.â€