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CHICAGO, IL -- (Marketwired) -- 08/21/14 -- Inc. magazine today ranked Fruition Partners on its 33rd annual Inc. 500|5000, an exclusive ranking of the nation's fastest-growing private companies. The list represents the most comprehensive look at America's independent entrepreneurs, one of the most important segments of the economy. Fruition Partners, a leading provider of technology-enabled services for the Service Management sector, is honored for the second year in a row on the list. Ranking at #617, Fruition Partners joins other well-known companies such as Microsoft, Zappos, Intuit, Jamba Juice and Oracle to gain early exposure as members of the Inc. 500|5000.
"Our growth is impressive, especially given it has been entirely organic through 2013, a testament to our people, technology-enabled methodologies and our unparalleled expertise with cloud service management," said Marc Talluto, CEO and Founder of Fruition Partners. "Fruition Partners will continue to take advantage of the significant market opportunity in the IT cloud services market by continuing to innovate and bring our clients results through applying service management principles across the enterprise. Our inclusion in the Inc. 5000 is a testament to the years of effort our team has invested in achieving our vision of a technology enabled services firm. We certainly plan to be back next year."
The 2014 Inc. 5000, unveiled online at Inc.com and with the top 500 companies featured in the September issue of Inc. (available on newsstands Aug. 20 to Nov. 30), is the most competitive crop in the list's history. The average company on the list achieved a mind-boggling three-year growth of 516%. Fruition Partners achieved an impressive growth rate of 759% for the three-year evaluation period, placing it in the top 15% on the list at #617. 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.
"What surprises me, even though I know it's coming, is the sheer variety of the paths our entrepreneurs take to success, thematically reflecting how our economy has evolved," says Inc. President and Editor-In-Chief Eric Schurenberg. "This year there are far more social media and far fewer computer hardware businesses than there were, say, six years ago. But what doesn't change is the fearsome creativity unleashed by American entrepreneurship."
The annual Inc. 5000 event honoring all the companies on the list will be held from Oct. 15-17, 2014 in Phoenix. Speakers include some of the greatest entrepreneurs of this and past generations, such as Michael Dell, Martha Stewart, host of the CNBC show "The Profit" Marcus Lemonis, Container Store Founder and CEO Kip Tindell, and Chobani Founder and CEO Hamdi Ulukaya.
About Fruition Partners
Fruition Partners is a global technology-enabled services firm focused on elevating Service Management to the cloud. The company combines practical experience with technology-enabled tools and services to help organizations attain success throughout the entire Service Management process. With more than 1,500 ServiceNow projects to its credit, Fruition Partners is a Master Solutions Partner of the leading enterprise IT cloud company. Fruition Partners team of over 300 cloud-integration experts accelerate service management and ensure clients experiences the cost and performance benefits quickly and easily. The company is a trusted partner to some of the world's most respected organizations including Target, General Electric (GE), Delphi, Tulane University and Virteva. For more information on Fruition Partners visit http://www.fruitionpartners.com, follow the company on Twitter @FruitionPartner, or call toll free 1-888-604-0055.
More about Inc. and the Inc. 500|5000
Methodology
The 2014 Inc. 5000 is ranked according to percentage revenue growth when comparing 2010 to 2013. To qualify, companies must have been founded and generating revenue by March 31, 2010. They had to be U.S.-based, privately held, for profit, and independent--not subsidiaries or divisions of other companies--as of December 31, 2013. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2010 is $100,000; the minimum for 2013 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/5000.
About Inc. and the Inc. 5000
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/.
The Inc. 500|5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list of the nation's most successful private companies has become the hallmark of entrepreneurial success. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates their remarkable achievements. The event also offers informative workshops, celebrated keynote speakers, and evening functions. For more information on Inc. and the Inc. 5000 Conference, visit http://www.inc.com/.
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