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Inc. Magazine Unveils its Fourth Annual Exclusive List of America's Fastest-Growing Private Companies—the Inc. 5000
Sep 08, 2010 (07:09 PM EDT)
GROUP Z, INC. Ranks No. 702 on the 2010 Inc. 5000 with Three-Year Sales Growth of 437%
NEW YORK, Sept. 8 /PRNewswire/ -- Inc. magazine ranked Group Z, Inc. No. 702 on its fourth annual Inc. 5000, an exclusive ranking of the nation's fastest-growing private companies. The list represents a comprehensive look at the most important segment of the economy—America's independent-minded entrepreneurs. Music website Pandora, 7-Eleven, Dice, and Radio Flyer, maker of the iconic children's red wagon, are among the prominent brands featured on this year's list.
"The leaders of the companies on this year's Inc. 5000 have figured out how to grow their businesses during the longest recession since the Great Depression," said Inc. president Bob LaPointe. "The 2010 Inc. 5000 showcases a particularly hardy group of entrepreneurs."
Group Z, Inc. is a respected Information Technology services provider serving the Baltimore/Washington metropolitan area. Strategically located in Howard County, Group Z's central Maryland location affords accessibility to both federal and State of Maryland locations.
Group Z provides Project Management and full System Development Life Cycle (SDLC) services, with a core focus in Web Application Development Other services provided include Network Administration and Database Management. Through these services, Group Z helps its customers achieve their goals by improving productivity, streamlining processes and reducing costs. In order to attract and maintain the top-level employees necessary to produce high-quality results, Group Z maintains a business culture that promotes continuing education and professional development, offers a competitive benefits package and a fair and ethical work environment.
Group Z is an SBA-certified 8(a), an MDOT-certified MBE/DBE, 100% woman-owned and a resident member of the NeoTech Incubator in Howard County's Center for Business and Technology Development.
Despite most of this year's measuring period taking place during the latest recession, aggregate revenue among the companies on the list increased to $321.6 billion, up more than 50% from last year. The effects of the recession are seen, however, in the median three-year growth rate, which dropped to 96 percent from last year's 126 percent. This year's Inc. 5000 employ a record 1.4 million people, up from one million on last year's list. With unemployment remaining stubbornly high, policymakers and business leaders will do well to look to the Inc. 5000 companies for fresh ideas on achieving growth and creating jobs.
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 on www.inc.com/5000.
About Inc. Magazine
Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc. (www.inc.com) is the only major business magazine dedicated exclusively to owners and managers of growing private companies that delivers real solutions for today's innovative company builders. With a total paid circulation of 712,647, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology.
SOURCE Group Z, Inc.