Leader in business process automation shows 81% growth over three-year period.
King of Prussia, PA (PRWEB) August 28th, 2014
DataBank, a national leader in business process automation solutions, today announced it has been ranked number 3,822 on Inc. Magazine’s Inc. 5000 list, which ranks the country’s top 5000 fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy—America’s independent entrepreneurs. Companies such as Yelp, Pandora, Timberland, Dell, Domino’s Pizza, LinkedIn, Zillow, and many other well-known names gained early exposure as members of the Inc. 500|5000.
“We are delighted to be named to the Inc. list and recognized for our growth,” said Chuck Bauer, DataBank’s CEO. “This reflects the high performance business process automation solutions designed and delivered by our teams across the country, the satisfaction experienced by our clients and the dedication of our team to our core values of customer satisfaction, committed people and profitable growth.”
The 2014 Inc. 5000, unveiled online at Inc.com and with the top 500 companies featured in the September issue of Inc. (available on newsstands August 20 to November 30), is the most competitive crop in the list’s history. The average company on the list achieved a mind-boggling three-year growth of 516%. The Inc. 5000’ s aggregate revenue is $211 billion, generating 505,000 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 http://www.inc.com/inc5000.
“What surprises me, even though I know it’s coming, is the sheer variety of the paths our entrepreneurs take to success, thematically reflecting how our economy has evolved,” says Inc. President and Editor-In-Chief Eric Schurenberg. “This year there are far more social media and far fewer computer hardware businesses than there were, say, six years ago. But what doesn’t change is the fearsome creativity unleashed by American entrepreneurship.”
DataBank has rapidly become an industry leader in Business Process Automation, providing Workflow & Enterprise Content Software solutions, document management and document conversion services with eleven state-of-the-art production centers nationwide. DataBank is a national full service provider of document management solutions and document/data capture services. They provide a comprehensive range of imaging services, document management software, web-based document hosting, end-to-end vertical industry Enterprise Content Management (ECM) and department-level solutions for companies and organizations that want to improve their business processes. As an Industry leader, DataBank understands its customers’ business environments and is delivering value-added application solutions and services to thousands of clients throughout the United States.
DataBank enjoys industry partnerships with document management and technology organizations from around the world, and has regularly received national recognitions for its performance and quality by Hyland, Kodak, Digitech Systems and Kofax. DataBank also understands the importance of protecting vital information belonging to its clients with SOC2 Type II. The company assists their clients in complying with HIPAA, FERPA, SOX and other government and internal regulations and compliance requirements.
More about Inc. and the Inc. 500|5000
The 2014 Inc. 5000 is ranked according to percentage revenue growth when comparing 2010 to 2013. To qualify, companies must have been founded and generating revenue by March 31, 2010. They had to be U.S.-based, privately held, for profit, and independent–not subsidiaries or divisions of other companies–as of December 31, 2013. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2010 is $100,000; the minimum for 2013 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/5000.
About Inc. and the Inc. 5000
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. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 6,000,000 today.
The Inc. 500|5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list of the nation’s most successful private companies has become the hallmark of entrepreneurial success. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates their remarkable achievements. The event also offers informative workshops, celebrated keynote speakers, and evening functions.