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Allari Solutions Makes Inc. 5000 List for Second Year in a Row.

John Mathieu January 30, 2010

The creators of the prestigious Inc. 500 company list, has announced their annual rankings for the top 5,000 fastest-growing private companies in the country for 2009. Inc. ranked Allari Solutions, an IT company who provides CNC Managed Solutions and Remote CNC/System Administration Services for companies that use JD Edwards EnterpiseOne & World, No. 3,257 of the 5,000 companies. This is the second year in a row that Allari Solutions has been named to the Inc. Magazine’s annual list, while posting an impressive sales growth of 79.6% over the past 3 years.

“Allari is excited to be included again in the prestigious Inc. 5000 list” stated Allari’s Managing Partner, Ravi Madhavan. “Despite the worsening economic conditions, Allari managed to maintain its high growth in 2008 and improve its positioning on the list – an accomplishment we attribute to our loyal customers, dedicated staff and commitment to delivering a proven and innovative JD Edwards Solution for CNC.”

The 2009 Inc. 5000 serves as a unique report card on the U.S. economy. Despite the ongoing recession, aggregate revenue among the companies on the list actually increased to $214 billion, up $29 billion from last year, with a median three-year growth rate of 126 percent. The Inc. 5000 are responsible for creating more than 1 million jobs since their founding; making the list perhaps the best example of the impact private, fast-growing companies can have on the economy.

"Savvy trend spotters and those who invest in private companies know that the Inc. 5000 is the best place to find out about young companies that are achieving success through a wide variety of unprecedented business models, as well as older private companies that are still expanding at an impressive rate," said Inc. 5000 project manager Jim Melloan.