Inc. Magazine Unveils Its 39th Annual List of
America’s Fastest-Growing Private Companies
IntellecTechs Appears on the Inc. 5000
Virginia Beach, VA- August 20, 2020 – Inc. magazine announced that IntellecTechs has been ranked again in its 39th annual Inc. 5000. This list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses. Intuit, Zappos, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
“IntellecTechs is excited to be recognized on the Forbes Inc. 5000 list again in 2020. We feel truly honored to be recognized again with this prestigious award, but more importantly we know that it would not have been possible without our many great clients and employees. I am so proud of our achievements and the future is very bright! Customers first… people always,” said Jeri Prophet, Founder and CEO of IntellecTechs.
Not only have the companies on the 2020 Inc. 5000 been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists as well. The 2020 Inc. 5000 achieved an incredible three-year average growth of over 500 percent, and a median rate of 165 percent. The Inc. 5000’s aggregate revenue was $209 billion in 2019, accounting for over 1 million jobs over the past three years.
“This honor again recognizes the many wonderful contributions of our entire team. At IntellecTechs, our customers and employees are the focus of everything we do and this honor lets us know we’re focused on what’s important. We are indeed honored and humbled by the recognition,” said Mike Harris, President of IntellecTechs.
The annual Inc. 5000 event honoring the companies on the list will be held virtually from October 23 to 27, 2020. As always, speakers will include some of the greatest innovators and business leaders of our generation.
ABOUT IntellecTechs, Inc.
IntellecTechs, is an 8(a) Certified by the Small Business Administration, Service-Disabled Veteran-Owned Small Business, Veteran-Owned Small Business, Economically Disadvantaged Women Owned Small Business, a Small Disadvantaged Business, and premier provider of professional services to federal and commercial customers. Founded in 2008, the company currently employs over 200 employees across 30 states and 5 countries. IntellecTechs provides 24/7 computer support, networking, website design, software development and application hosting services, certification training and testing for businesses in Virginia Beach and surrounding cities. IntellecTechs’ core competencies include Information Technology (IT) governance encompassing portfolio management, managed services, cybersecurity, enterprise architecture, engineering, IT process management and staff augmentation. For more information, visit www.lntellecTechs.com and connect with IntellecTechs on LinkedIn. Facebook and Twitter.
CONTACT: To learn more information contact Michael Harris, 757-962-2487 or m.harris@intellectechs.com
More about Inc. and the Inc. 5000
Methodology
The 2020 Inc. 5000 is ranked according to percentage revenue growth when comparing 2016 and 2019. To qualify, companies must have been founded and generating revenue by March 31, 2016. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2019. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2016 is $100,000; the minimum for 2019 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:
The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.
For more information on the Inc. 5000 Conference, visit http://conference.inc.com/.
