IQMS Earns Position on Inc. 5000 List for Eighth Consecutive Year
Strong growth at IQMS is driven by growing demand for its manufacturing ERP software among both new customers and current users expanding their operations
PASO ROBLES, CALIF. – August 21, 2018 – IQMS, a leading manufacturing ERP software and manufacturing execution system (MES) authority, today announced that it has been featured on the 2018 Inc. 5000 list of fastest growing private companies in America. This is the eighth year in a row that IQMS has appeared on the list. Over the last 37 years, just 2% of businesses have earned a position on the Inc. 5000 Honor Roll eight times. In 2018, IQMS joins this elite group.
The Inc. 5000 list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent businesses. IQMS qualified for the list based on its organic growth over the past three years. The publication gathered its 2018 list of companies by measuring revenue growth from 2014 to 2017.
The 2018 Inc. 5000 achieved an astounding three-year average growth of 538.2%, 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.
“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.”
Manufacturing Customers Drive Growth
IQMS’s strong, long-term growth has been fueled by customers’ demand for the manufacturing-centric approach of the IQMS system. It uniquely combines robust ERP and MES functionality into one comprehensive system designed to help manufacturers optimize their operations, while providing the flexibility to deploy on-premises or in the cloud. Additionally, because all data is managed by the same database, customers have an unparalleled unified view across their manufacturing operations, business processes, and supply chain that empowers them to compete more effectively in today’s global market.
“From the start, we have focused on empowering manufacturers to maximize their operational efficiency and effectiveness using our IQMS software. That commitment is reflected by the rapid rise in companies choosing IQMS to run their manufacturing operations, from new customers to existing users expanding their businesses,” said Gary Nemmers, president and CEO of IQMS. “We are honored to be included on the Inc. 5000 list for 2018, which marks our eighth time on the list and recognizes the strong, continuous growth we have achieved by focusing on our customers’ success.”
About the Inc. 5000 and Inc. Media
The Inc. 5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list has become the hallmark of entrepreneurial success. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates the remarkable achievements of these companies. The event also offers informative workshops, celebrated keynote speakers, and evening functions. For more information on Inc. and the Inc. 5000 Conference, visit http://conference.inc.com.
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.
IQMS is a manufacturing software provider that uniquely combines ERP and MES functionality to give manufacturers a comprehensive end-to-end suite for running the business, backed by the real-time performance and scalability that companies demand. Developed specifically for mid-market repetitive, discrete and batch process manufacturers, IQMS provides robust capabilities for addressing strict customer and regulatory certification and compliance. IQMS achieves this by delivering traditional ERP functionality for accounting, sales orders, material requirements, inventory, and purchasing, plus extended native features for CRM, human resources, production scheduling, shop floor control, warehouse and quality modules. With offices across North America, Europe, and Asia, IQMS serves manufacturers around the world. For more information, please visit https://www.iqms.com.