Network Automation, Inc. Ranks in Inc. 500|5000 for 3rd Consecutive Year
Founder's Return to CEO Drives Record Profits in Company's 10th Year
LOS ANGELES, Aug. 20, 2013 /PRNewswire/ -- Inc. Magazine today ranked Network Automation, Inc. NO. 4491 on its seventh annual Inc. 500|5000, an exclusive ranking of the nation's fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy—America's independent entrepreneurs. Unified Payments tops this year's list.
"We are reinvigorated about the growth of our company and honored to be named amongst other leaders in the technology industry," said Dustin Snell, CEO and Founder of Network Automation, Inc. "After eight consecutive years of growth and three years on the Inc. 500|5000, we continue to make strides and lead the industry."
Since 2004, Network Automation, Inc. has pioneered the business process automation industry with its AutoMate products. In January, 2013 the company announced its best quarter on record, with year-over-year revenue growth of 47 percent in Q4. With a three-year growth rate of 51 percent, the company's growth is poised to continue in its 10th year in business.
The start of Q4 2012 also marked the return of company founder Dustin Snell as CEO. In January 2011, Snell moved to the role of Chief Software Architect and CTO to be more actively engaged in product strategy and technical concept for the AutoMate products. With a product roadmap now re-energized, Snell is resuming as CEO to expand Network Automation's growth in the automation market, which is seeing rapid integration of virtual and cloud environments alongside traditional on-premise systems.
For more information, please visit www.networkautomation.com.
Methodology
The 2013 Inc. 500|5000 is ranked according to percentage revenue growth when comparing 2009 to 2012. To qualify, companies must have been founded and generating revenue by March 31, 2009. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2012. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2009 is $100,000; the minimum for 2012 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 www.inc.com/500.
About Inc.
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. For more information, visit www.inc.com.
About the Inc. 500|5000 Conference
Each year, Inc. and Inc.com celebrate the remarkable achievements of today's entrepreneurial superstars—the privately held small businesses that drive our economy. The Inc. 500|5000 Conference & Awards Ceremony brings together members of the Inc. community, both a new class of Inc. 500|5000 honorees and the list's alumni, for three days of powerful networking, inspired learning, and momentous celebration. Please join us October 10-12, 2013, at the Gaylord National Resort and Convention Center in Washington, D.C. For more information about the 2013 Inc. 500|5000 Conference & Awards Ceremony and to register, visit www.inc500conference.com or call 866-901-3205.
About Network Automation
Network Automation, Inc. is the mid-market leader in automation software that streamlines and integrates business processes without time-consuming and expensive programming. Founded in 2004 and based in Los Angeles, the company provides business process automation solutions to more than 10,000 small, mid-market and Global Fortune 1000 clients across 60 countries. The firm's AutoMate and AutoMate BPA Server platform span automation development, deployment and management with a drag-and-drop environment that substantially reduces the time and total cost of the automation lifecycle. Common uses include job scheduling, automated FTP, batch processing, automated backups, scripting, automated testing, event log monitoring, automated reporting and more. Network Automation's customers include NASA, IBM, Kaiser Permanente, Verizon, FedEx and many regional, state and federal government offices. For more information, visit www.networkautomation.com.
SOURCE Network Automation, Inc.
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