Telovations (News - Alert) was recently ranked No. 1820 on the Inc. magazine’s annual Inc. 500|5000 list, which features the nation's fastest-growing private companies. The list serves to provide a detailed look at America's independent entrepreneurs.
Telovations is one of the specialist providers of innovative cloud-based telecommunications services.
Telovations also announced that within the Tampa market, it was ranked #20 and considered the 49th fastest growing company in the telecommunications category. The company's services provide organizations with cost-effective alternatives to traditional telecommunication services.
"We are honored to be among the fastest growing companies for the third year in a row,” said Mark Swanson, Telovations CEO. “It is a testament to the hard work we put in to providing innovative services and superior customer support to our customers."
Detailed results of the Inc. 5000 list, along with detailed company profiles and a highly interactive database which allows categorization by industry and region, has been made available at www.inc.com/5000.
The 2012 Inc. 500|5000 provides rankings based on the percentage revenue growth of each of the entries in 2008, compared to the year 2011. Qualification for each company is subject to it having been founded as well as its ability to generate revenue by March 31, 2008.
Companies also have to be U.S.-based, privately held, for profit, and independent (not subsidiaries or divisions of other companies) – as of December 31, 2011. A number of companies on the list have already gone public and/or have been acquired since then.
The minimum revenue that each company should have generated in 2008 is $100,000 while the minimum revenue for 2011 is $2 million.
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Edited by Braden Becker