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Inc. magazine recently ranked Nexgen Wireless, an engineering and software firm in Chicago area, on its fifth 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.
The company was ranked 2,384 of 5000, with a three-year growth of 100 percent and $5.5 million in revenue. “We are very proud to be listed among some of the top companies in our state and our country,” said Nexgen President John Thakkar. “Our company’s growth is directly attributable to our talented staff and our outstanding clients who continue to trust in our products and services and vision to elevate their brands and reputations. Nexgen has made a dedicated commitment to maintaining our aggressive growth trajectory in spite of the relatively difficult economy in recent years, and we’ve enjoyed a 100% growth rate over the period Inc. measured.”
In a stagnant economic environment, median growth rate of 2011 Inc. 500|5000 companies remains an impressive 94 percent. The companies on this year’s list report having created 350,000 jobs in the past three years, and aggregate revenue among the honorees reached $366 billion, up 14 percent from last year.
Nexgen Wireless, founded by John Thakkar, CEO, in 2000, has quickly become one of the fastest-growing wireless services and software firms in the region, with offices in Schaumburg, IL. Posting double-digit annual growth from more than 10 to 100 percent each year since its inception.
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/5000. |
