AUSTIN, Texas, Aug. 28 /PRNewswire/ -- PeopleAdmin, a leading provider of on-demand human resources software and solutions for higher education, public sector, and non-profit organizations, today announced that they have been named to the 2010 Inc. 5000 list of fastest-growing companies, with 146% growth.
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"We are very proud to be recognized by Inc. Magazine for the fourth consecutive year. The demand for talent management solutions continues to grow in our core markets of higher education and government as our customers strive to deliver compliant, efficient workforce management processes," said Susanne Bowen, CEO of PeopleAdmin. "As a customer-focused organization, with a deep understanding of Public Sector needs, PeopleAdmin is well-positioned to deliver the innovative solutions they require."
"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."
The 2010 Inc. 5000, unveiled today on Inc.com, serves as a unique illustration of the profound changes taking place in the U.S. economy. The Government Services sector showed the biggest gain in terms of the number of companies on the list, up 33 percent from last year to 335 companies. Government Services was also the second-fastest-growing sector in terms of median revenue growth, posting a 202 percent gain over the 2006-2009 measuring period.
The 2010 Inc. 500|5000 is ranked according to percentage revenue growth when comparing 2006 to 2009. To qualify, companies must have been founded and generating revenue by June 30, 2006. Additionally, they had to be based in the United States, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2009. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2006 is $80,000; the minimum for 2009 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. The top 10 percent of companies on the list constitute the Inc. 500, now in its 29th year.
About PeopleAdmin
Founded in 2000, PeopleAdmin provides web-based Talent Management solutions uniquely designed for Higher Education, Government, and Non-profit organizations; including modules for applicant tracking, position management, and performance management. PeopleAdmin's solutions enable clients to automate and simplify their hiring workflow, improve candidate communication and selection, drive compliance through their process, and improve reporting methods. Delivered through a SaaS (Software-as-a-Service) model, PeopleAdmin solutions are rapidly deployed, easy-to-use and supported through a world-class customer service organization.
More than 600 leading Higher Education, Government, and Non-profit organizations throughout North America use PeopleAdmin solutions. PeopleAdmin has a diverse customer base that spans more than 45 states as well as Canada and includes city, county and state governments, colleges and universities, and research focused non-profit organizations. Some of PeopleAdmin's prominent customers include the City of Austin, the Commonwealth of Virginia, Dartmouth College, Princeton University, The Scripps Research Institute, University of Chicago, University of Oklahoma, and University of Virginia.
PeopleAdmin has been recognized by Inc. Magazine as one of the top 5000 fastest growing private companies in the US for four consecutive years, in addition to receiving the Stevie Award for outstanding customer service in 2009. In 2010 PeopleAdmin 7 was selected as a Stevie Award finalist for best new SaaS product.
For more information visit www.peopleadmin.com
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. Visit us online at www.inc.com.
SOURCE PeopleAdmin
For further information: Ellen Madonia, ellen.madonia@peopleadmin.com, +1-512-977-5824