NEW YORK, August 12, 2020 – Inc. magazine today revealed that Greenville’s Palmetto Technology Group (PTG) is No. 3755 on its annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies.
For the 4th Time, PTG Appears on the Inc. 5000, with Three-Year Revenue Growth of 65 Percent.
The list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses. Intuit, Zappos, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
“While ranking is determined by revenue figures and growth, we know these achievements wouldn't be reached without our team continuing to deliver a phenomenal customer experience.” – Jenny Long, CFO for PTG.
Not only have the companies on the 2020 Inc. 5000 been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists as well. The 2020 Inc. 5000 achieved an incredible three-year average growth of over 500 percent, and a median rate of 165 percent. The Inc. 5000’s aggregate revenue was $209 billion in 2019, accounting for over 1 million 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 are also being featured in the September issue of Inc., available on newsstands August 12.
“The companies on this year’s Inc. 5000 come from nearly every realm of business,” says Inc. editor-in-chief Scott Omelianuk. “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 annual Inc. 5000 event honoring the companies on the list will be held virtually from October 23 to 27, 2020. As always, speakers will include some of the greatest innovators and business leaders of our generation.
PTG is proud to represent the strength of small businesses in the Upstate and Greenville specifically. As a company focused on helping SMBs in the 864-area code to work better, honors like this are a testament to the local talent they’ve been able to hire and retain. PTG specializes in providing Microsoft Office and 24/7 help desk support to companies and nonprofits across industries.
Any small to mid-size company in the Upstate that is wanting to know the best ways to leverage technology to increase their business value, should visit GoPTG.com to learn more.