Columbus, Ohio – For the sixth time, Inc. magazine has named ARCOS® LLC to the Inc. 5000. This year, ARCOS ranked No. 3,319 on the list. ARCOS delivers SaaS solutions that continually report on the location and status of equipment and crews via mobile technology for utilities and other critical infrastructure industries like airlines and manufacturers. According to Inc. staff, “In the history of the Inc. 5000, only two percent of companies have made the list six times.”
“We’re on this year’s Inc. 5000 list, in part, because we’ve worked as a team to continually improve the way managers of utilities, manufacturing facilities and airlines keep their operations running,” said ARCOS CEO Bruce Duff. “The software solutions we’ve developed automate many of the manual, behind-the-scenes processes that: restore electric, water or gas service; staff manufacturing lines; and get planes and their crews back in the sky.”
“The 2020 Inc. 5000 achieved an incredible three-year average growth of over 500 percent, and a median rate of 165 percent,” wrote Inc. magazine in a press release. Inc. Editor-in-Chief Scott Omelianuk said, “From health and software to media and hospitality, the 2020 list proves that no matter the sector, incredible growth is based on the foundations of tenacity and opportunism.”
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. The minimum revenue required for 2019 is $2 million.