Inc. 5000—Inc. Magazine Unveils 37th Annual List of America’s Fastest-Growing Private Companies

August 16th 2018 19:58:13 PM

For the 2nd Year in a row, Scanco Software Appears on the Inc. 5000 list.

Aug 16, 2018 — Sarasota, FL, — Inc. magazine today ranked Scanco Software on its 37th annual Inc. 5000, the most prestigious ranking of the nation’s fastest-growing private companies. It’s Scanco’s second straight year on the list, driven by several years of strong revenue growth.

The list represents a unique look at the most successful companies within the American economy’s most dynamic segment–its independent small businesses. Microsoft, Dell, Domino’s Pizza, Pandora, Timberland, LinkedIn, Yelp, Zillow, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.

“It is such a great honor to continue experiencing the kind of growth necessary to be on the Inc. 5000 list for two years in a row,” said Tess Boros, Partner of Scanco. 

“Thank you to our dedicated team and great partners and customers. 2018 continues to be a fantastic year as we grow our staff and footprint in the Sage ERP and Acumatica ERP ecosystem. We look forward to this kind of sustained growth and prosperity for years to come as we continue our commitment to excellence,” adds Shaun Boros, Partner of Scanco.

Not only have the companies on the 2018 Inc. 5000 (which are listed online at Inc.com, with the top 500 companies featured in the September issue of Inc., available on newsstands August 15) been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists. The 2018 Inc. 5000 achieved an astounding three-year average growth of 538.2 percent, and a median rate of 171.8 percent. The Inc. 5000’s aggregate revenue was $206.1 billion in 2017, accounting for 664,095 jobs over the past three years.

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/inc5000.

“If your company is on the Inc. 5000, it’s unparalleled recognition of your years of hard work and sacrifice,” says Inc. editor in chief James Ledbetter. “The lines of business may come and go or come and stay. What doesn’t change is the way entrepreneurs create and accelerate the forces that shape our lives.”

Scanco has been providing warehouse and manufacturing automation solutions for Sage and Acumatica ERP systems, via mobile devices for over 25 years. Scanco built an entire mobility platform using the best mobile solutions on the market, helping companies automate manual tasks quickly and benefit immediately.

About Scanco

Since 1989, Scanco has been a leading provider of supply chain automation software and services. Since our inception, we have focused on innovative warehouse management solutions with a unique technology-driven approach. Our solutions deliver unequaled efficiency and visibility for distribution and manufacturing companies around the globe. 

From basic barcoding to the most complex distribution and manufacturing operations, Scanco software is positioned to grow with our customers ever-changing business needs. We are focused on providing top-tier, fully integrated automation solutions built specifically for your ERP solution. Today, thousands of world-class distribution and manufacturing companies have automated their facilities with cutting-edge Scanco technology.

For additional information e-mail us at sales(at)Scanco.com, call 330.645.9959, or visit us on the web at http://www.Scanco.com.

Methodology

The 2018 Inc. 5000 is ranked according to percentage revenue growth when comparing 2014 and 2018. To qualify, companies must have been founded and be generating revenue by March 31, 2014. They had to be U.S.-based, privately held, for profit, and independent–not subsidiaries or divisions of other companies–as of December 31, 2017. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2014 is $100,000; the minimum for 2017 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/inc5000 

About Inc. Media

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. Inc. took home the National Magazine Award for General Excellence in both 2014 and 2012. The total monthly audience reach for the brand has been growing significantly, from 2,000,000 in 2010 to more than 18,000,000 today. For more information, visit http://www.inc.com.

The Inc. 5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list has become the hallmark of entrepreneurial success. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates the remarkable achievements of these companies. The event also offers informative workshops, celebrated keynote speakers, and evening functions.

For more information on Inc. and the Inc. 5000 Conference, visit http://conference.inc.com/.