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Electroneek Among Top 10% Of Companies On 2023 Inc. 5000 List
ElectroNeek, a leading intelligent automation platform serving Managed Service Providers (MSP) and Businesses, has proudly announced its inclusion in the esteemed 2023 Inc. 5000 list of the fastest-growing private companies in the United States. The company secured the impressive rank of No. 404 on the overall list and achieved a remarkable No. 3 position in the Software category for the state of Texas.
The Inc. 5000 list, renowned as an annual benchmark, signifies a distinguished compilation of rapidly expanding private enterprises across the nation. These companies are evaluated based on their percentage growth in revenue over the period spanning 2019 to 2022, a metric that showcases their exceptional performance during this assessment window.
The current business landscape is fraught with complex global economic dynamics, encompassing challenges like inflationary pressures and recruitment difficulties. Despite these formidable conditions, the recognition awarded to the participants on the Inc. 5000 list attests to their exceptional growth and success.
Sergey Yudovskiy, Co-Founder & CEO of ElectroNeek, ...
... expressed his profound delight at the company's acknowledgment as one of the fastest-growing private entities in the U.S. He extended congratulations to all the participants on the 2023 Inc. 5000 list and credited this achievement to the diligent endeavors of the ElectroNeek team. Yudovskiy emphasized the company's mission of democratizing intelligent automation universally across businesses of varying sizes, underscoring its noteworthy impact on a global scale.
Yudovskiy also highlighted how ElectroNeek's offerings have positively impacted its customer base of IT services providers. He pointed out that the company's products empower these providers with the capability to enhance both their business and technical dimensions, thereby enabling them to provide valuable automation solutions to their own clients.
The methodology behind the Inc. 5000 ranking is centered on the assessment of companies based on their percentage revenue growth between the years 2019 and 2022. To qualify, these companies needed to be established and revenue-generating by March 31, 2019. Additionally, they must be privately held, U.S.-based, for-profit entities that are independent and not subsidiaries or divisions of larger corporations, as of December 31, 2022. Although some entities on the list might have undergone transitions such as going public or being acquired, the baseline revenue thresholds were set at $100,000 for 2019 and $2 million for 2022.
At its core, ElectroNeek functions as an Intelligent Automation platform primarily aimed at empowering Managed Service Providers and their clientele. The platform facilitates the seamless end-to-end automation of business processes through a suite of advanced technologies including Robotic Process Automation (RPA), Intelligent Document Processing (IDP), Artificial Intelligence (AI), and Generative Pre-trained Transformers (GPT) encompassing both Conversational and Generative capabilities. Notably, the platform presents a comprehensive range of low-code automation tools tailored to the MSP sector.
In essence, ElectroNeek's recognition within the 2023 Inc. 5000 list underscores its remarkable growth trajectory as a pioneering intelligent automation solution for both MSPs and businesses. This achievement in the face of challenging economic conditions reinforces the company's commitment to democratizing automation technology, while its comprehensive suite of technologies powers end-to-end process automation.
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