Clearwater, Fla., August 13, 2024 – Inc. revealed today that Source 1 Solutions has earned a spot on the 2024 Inc. 5000, its annual list of the fastest-growing private companies in America. The prestigious ranking provides a data-driven look at the most successful companies within the economy’s most dynamic segment—its independent, entrepreneurial businesses. Microsoft, Meta, Chobani, Under Armour, Timberland, Oracle, Patagonia, and many other household name brands gained their first national exposure as honorees on the Inc. 5000.
“We are deeply honored to be recognized for the seventh consecutive year by Inc. 5000,” said Robert Hessel, CEO of Source 1 Solutions. “This achievement is a result of the unwavering work ethic of our elite team of technology engineers and the continued confidence of our clients and partners, for which we are immensely grateful.”
Source 1 Solutions (S1S) is a global Managed IT service provider headquartered in Clearwater, Florida. Since 2011, S1S has expanded to a footprint in 118 countries, specializing in delivering mission-critical managed IT services to enterprise-level clients and Fortune 500 companies. With past appearances in the Channel Futures MSP 501, Inc. Best Workplaces in America, and Silicone Review 10 Best IT Services Companies, they have an established track record for being a trusted, innovative partner for the companies they serve. With a focus on keeping people and cities safe, S1S is dedicated to helping companies expand their technological capabilities and expand their geographic reach.
The Inc. 5000 class of 2024 represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital, and intractable hiring challenges. Among this year’s top 500 companies, the average median three-year revenue growth rate is 1,637 percent. In all, this year’s Inc. 5000 companies have added 874,458 jobs to the economy over the past three years.
“One of the greatest joys of my job is going through the Inc. 5000 list,” says Mike Hofman, who recently joined Inc. as editor in chief. “To see all the intriguing and surprising ways that companies are transforming sectors, from health care and AI to apparel and pet food, is fascinating for me as a journalist and storyteller. Congratulations to this year’s honorees, as well, for growing their businesses fast despite the economic disruption we all faced over the past three years, from supply chain woes to inflation to changes in the workforce.”
For complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, location, and other criteria, go to www.inc.com/inc5000. All 5000companies are featured on Inc.com starting Tuesday, August 13, and the top 500 appear in the new issue of Inc. magazine, available on newsstands beginning Tuesday, August 20.
For more information on the world-class managed IT services provided by Source 1 Solutions, visit www.source1solutions.com.
About Source 1 Solutions
About Source 1 Solutions: Source 1 Solutions is a global managed service provider that monitors, manages, and maintains everything that touches enterprise technology. Through leveraging relationships across the world, they partner with truly great companies to expand their technological capabilities and extend their geographic reach. They specialize in solutions that help create a culture of safety and reliability within any organization, and guarantee 24/7/365 live support from their team of expertly qualified engineers.
More about Inc. and the Inc. 5000
Methodology
Companies on the 2024 Inc. 5000 are ranked according to percentage revenue growth from 2020to 2023. To qualify, companies must have been founded and generating revenue by March 31, 2020. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2023. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2020 is $100,000; the minimum for 2023 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to four decimal places.
About Inc.
Inc. Business Media is the leading multimedia brand for entrepreneurs. Through its journalism, Inc. aims to inform, educate, and elevate the profile of our community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating our future. Inc.’s award-winning work achieves a monthly brand footprint of more than 40 million across a variety of channels, including events, print, digital, video, podcasts, newsletters, and social media. Its proprietary Inc. 5000 list, produced every year since its launch as the Inc. 100 in 1982, analyzes company data to rank the fastest-growing privately held businesses in the United States. The recognition that comes with inclusion on this and other prestigious Inc. lists, such as Female Founders and Power Partners, gives the founders of top businesses the opportunity to engage with an exclusive community of their peers, and credibility that helps them drive sales and recruit talent. For more information, visit www.inc.com.
For more information on the Inc. 5000 Conference & Gala, to be held from October 16 to 18 in Palm Desert, California, please visit http://conference.inc.com/.
