SANTA CLARA, Calif., Aug. 26 /PRNewswire/ -- Inc. magazine this week ranked BITadvisors, Inc., now part of Kogent Corporation (http://www.Kogent360.com), No. 1179 on its fourth annual Inc. 5000 list, an exclusive ranking of the nation's fastest-growing private companies. BITadvisors demonstrated growth of 252% between 2006 and 2009 and ranked No. 120 in the IT services industry and No. 31 in the Boston metro area.
"Kogent acquired BITadvisors because we knew the firm was on the fast track as a dominant player in the Business Intelligence and Data Warehousing market," said Kogent's Chief Executive Officer Sudhir Saxena. "By assembling a team of leading BI strategists and consultants like those at BITadvisors, Kogent's North American presence will continue to experience explosive growth."
Kogent Corporation is the first North American firm dedicated exclusively to providing prebuilt, industry-specific Business Intelligence, Data Warehousing and Analytics solutions that help companies make smarter business decisions. Brian Jordan, Kogent's Executive Vice President and former Chief Executive Officer of BITadvisors, will spearhead Kogent's continued growth in the eastern United States and Canada.
"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."
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 http://www.inc.com/5000.
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.
About Inc. Magazine
Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc. (http://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.
About Kogent Corporation
Kogent Corporation is the first North American firm dedicated exclusively to providing prebuilt, industry-specific Business Intelligence, Data Warehousing, and Analytics solutions. By leveraging strategic acquisitions, Kogent is well positioned as a dominant player in the multi-billion dollar BI applications market. Kogent provides industry-specific BI solutions for a number of industries including Healthcare and Life Sciences, Retail, Manufacturing, Finance, Consumer Products, High Tech, and Government verticals.
SOURCE Kogent Corporation
For further information: Ken Dixon, Executive Vice President, Marketing of Kogent Corporation, +1-860-242-7704, ext. 105, ken.dixon@Kogent360.com