Market Overview

Flux7 Ranks in Top 20 Percent of Fastest-Growing Private Companies on Inc. 5000

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AUSTIN, Texas, Aug. 15, 2018 (GLOBE NEWSWIRE) -- Flux7, a services and technology company that specializes in extreme automation on top of cloud, today announced it is No. 906 on the 37th annual Inc. 5000, the most prestigious ranking of the nation's fastest-growing private companies. Flux7 was also honored in the top 21 fastest-growing IT Systems Development companies and ranked 13 among all private companies in Austin. 

The list represents a unique look at the most successful companies within the American economy's most dynamic segment—its independent small businesses. Microsoft, Dell, Domino's Pizza, Pandora, Timberland, LinkedIn, Yelp, Zillow, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.

"Our rapid growth reflects the strong market need for services that help enterprises learn new skills and build a Center of Excellence that enables our customers to gain business agility and achieve breakthrough performance," said Aater Suleman, co-founder and CEO of Flux7. "We are extremely honored to earn a place among the top twenty percent of the Inc. 5000 list and couldn't be more grateful and proud of our employees, customers and partners, as they are integral to Flux7's growth over the last five years and into the future."

Not only have the companies on the 2018 Inc. 5000 been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists. The 2018 Inc. 5000 achieved an astounding three-year average growth of 538.2 percent, and a median rate of 171.8 percent. The Inc. 5000's aggregate revenue was $206.1 billion in 2017, accounting for 664,095 jobs over the past three years.

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 www.inc.com/inc5000. The top 500 companies will be featured in the September issue of Inc., available on newsstands August 15.

"If your company is on the Inc. 5000, it's unparalleled recognition of your years of hard work and sacrifice," says Inc. editor in chief James Ledbetter. "The lines of business may come and go, or come and stay. What doesn't change is the way entrepreneurs create and accelerate the forces that shape our lives."

"With cloud architecture and skills in high demand, we're excited to join a number of other IT consulting companies on the Inc. 5000 list that aim to meet that demand.  We're committed to helping  our customers learn, build and rapidly adopt advanced cloud technologies, DevOps and agile processes to gain the knowledge and infrastructure to accelerate and simplify IT modernization," adds Ali Hussain, Flux7 CTO and co-founder.

About Flux7

Enterprises bring solutions to market faster and provide better customer experiences with Flux7 services and technologies for extreme automation. Working with Flux7, enterprises gain access to knowledge experts in cloud, containers, CI/D and configuration management to adopt approaches including DevOps and Agile, in order to improve the security and efficiency with which IT services are delivered. Flux7 customers accelerate DevOps adoption and IT modernization projects through our modular service structure and Enterprise DevOps Adoption Framework and platform which provides guidelines and principles to consistently meet business and technical requirements.  Learn more at visit www.flux7.com, get real-world information about IT modernization and DevOps at https://blog.flux7.com/ or follow us on Twitter @Flux7Labs.

More about Inc. and the Inc. 5000

Methodology
The 2018 Inc. 5000 is ranked according to percentage revenue growth when comparing 2014 and 2018. To qualify, companies must have been founded and generating revenue by March 31, 2014. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2017. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2014 is $100,000; the minimum for 2017 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
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today's innovative company builders. Inc. took home the National Magazine Award for General Excellence in both 2014 and 2012. The total monthly audience reach for the brand has been growing significantly, from 2,000,000 in 2010 to more than 18,000,000 today.  For more information, visit www.inc.com.

For Media Inquiries contact:
Heather Racicot, PR Manager
Flux7
360-632-5616
heather@flux7.com

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