Inc. magazine has yet again ranked Pedigree Technologies on its seventh annual Inc. 500|5000, an exclusive ranking of the nation’s fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy – America’s independent entrepreneurs.
“To make it on the Inc 500|5000 list for the second year in a row is an outstanding achievement for Pedigree,” said Alex Warner, Founder & CEO of Pedigree Technologies. “This award reflects the hard work and dedication of our employees who directly contributed to Pedigree’s success. Our rapid growth speaks not only to demand for this technology, but to the quality and innovation of our web-based software and services which streamline a companies’ operations.”
The Fargo-based technology company operates in the fast growing sector of machine-to-machine (M2M) technology. Pedigree Technologies OneView® is a centralized operations command center for tacking and managing trucks, tanks, heavy equipment, and many other assets. Pedigree’s tablet and Smartphone applications connect remote workers to the home office allowing companies to gather and respond to workforce data. Built on a unique and scalable platform, these solutions bring together disparate information to help companies increase operational efficiency, improve workflow, manage logistics, and maintain equipment-all in one simple system.
“We are truly honored by this recognition, which is directly attributable to our incredible employees, outstanding product and loyal customers,” Warner added.
This year, the median company on the list saw a 142 percent increase since 2010, with the average business growing by 468 percent. Over 520,000 jobs were created by the companies in the past three years, and aggregate revenue among the honorees reached $241 billion. Results like these were only dreamed about in past years.
“The Inc. 5000 was harder to get into this year than ever in its history. To rank among the 2013 Inc. 5000, your company had to thrive through three of the toughest years this economy has seen in living memory. Your success in such times is eloquent testimony to your team’s creativity, resilience, and tenacity. You should be proud of all Pedigree has achieved to date,” says Inc. Editor Eric Schurenberg.
Pedigree Technologies is headquartered in Fargo, North Dakota and operates satellite locations in Boston, MA; Denver, CO; Dickinson, ND; Houston, TX; New Orleans, LA; San Francisco, CA; and Sioux Falls, SD.
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/5000.
More about Inc and the Inc 500|5000
Methodology
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 at http://www.inc.com/500.
About Inc.
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. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 6,000,000 today. For more information, visit http://www.inc.com.