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ADC Ranks 116th Software Company on the 2010 Inc. 5000 List
Dec 03, 2010 (09:12 AM EST)
TAMPA, Fla., Dec. 3, 2010 /PRNewswire/ -- Applied Data Corporation (ADC) (www.ad-c.com), a leading provider of fresh item, recipe management, and scales management software to the grocery retail and food service industries, has placed as the 116th Software Company in Inc. Magazine's Fourth Annual Inc. 5000 List of America's Fastest-Growing Private Companies. ADC is cited as having a three-year growth of 168 percent, which places ADC at No. 1,697 of all U.S. privately owned companies and No. 26 in the Tampa Bay area.
The Inc. 5000 list is the most comprehensive look at the most important segment of the economy—America's independent-minded entrepreneurs. Private companies are ranked according to revenue growth when comparing 2006 to 2009. "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."
As a 20-year tenured supplier to the grocery chain and food service sectors, ADC has grown to author and supply software to more than 90 chains, providing clients with competitive solutions in the growing Fresh Item Management space. "By developing focused applications to help the grocery chain and food service industries optimize their profitability in producing, ordering, labeling and managing fresh foods, we have, by design, positioned ourselves on an upward curve of growth in the fairly recession-proof niche of grocery food retail," said Steve Loveridge, President, CEO and founding entrepreneur of ADC.
ADC's InterStore.NET suite of software services the meat, seafood, deli, bakery and produce areas of the grocery store to help them properly produce, order and maintain fresh foods, as well as correctly label fresh foods for the consumer, ensuring the products are the freshest and safest available. ADC's software helps clients add efficiencies in their everyday fresh categories to help lower their costs and increase their ability to innovate in fresh. Grocers are looking for new ways to capture more market share while they continue to streamline their fresh operations to help the shopper's budget. By increasing efficiency within stores, ADC's software helps remove barriers associated with making changes and allows for grocers to more quickly and easily react to shopper trends and needs.
"ADC's software allows grocers to recognize where they can make more money. It helps grocers to hone their fresh mix, reduce waste and ensure the right amount of fresh product is on their shelves," said Jan Dragotta, ADC's Vice President of Sales and Marketing. "Those are objectives that ADC has been positioning to achieve through research and development, and it is nice to see the rewards in business growth."
For a complete list of the 2010 Inc. 5000, visit: http://www.inc.com/inc5000/list.
For additional information, including pictures of the award ceremony, please contact:
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SOURCE Applied Data Corporation