Innovecs Appears on the Inc. 5000, Ranking For the 4th Time

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August 12, 2020 2 min read

Inc. magazine today has revealed that Innovecs is No. 1992 on its annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. 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.

It's an incredible honor to be recognized on the Inc. 5000 list for the fourth year in a row. For us, being among the fastest-growing companies in America is a validation of Innovecs employees' exceptional commitment and another milestone reflecting the excellent service delivered to our clients. We strive for sustained growth in the future, investing in our world-class engineering services and focusing on a corporate culture that leads to happier clients.
Alex Lutskiy,
Innovecs Co-Founder and CEO

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% and a median rate of 165%. 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. 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.
Scott Omelianuk,
Inc. editor-in-chief

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.

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We are excited to announce that the SoftwareWorld platform has added Innovecs to its ranking of the best Custom Software Development Companies in 2020. It is an honor for us to appear among the world’s top software developers in our industry. This significant achievement is remarkable in terms of recognition by international organizations, and simultaneously very significant in the development of our company.The SoftwareWorld itself identifies the best Custom Software Development Companies, which are demonstrating excellence in building, deploying, and implementing customized software to the customers. The software development industry is perennially changing, making it hard for newcomers. That’s where top-rated companies can come up with solutions that will help and boost other companies in the business — and it is great for us to be among them. Year after year we continue working on our professional expertise and the quality of our services, building trustful relations with our clients and partners. Innovecs is a reputable custom software development company, offering profound expertise in many fields and delivering top-notch outsourcing services to its clients. If you need to launch and maintain complex software projects, our experts are ready to help. We look forward to exploring new opportunities to work together! ABOUT SOFTWAREWORLD SoftwareWorld is a software review platform that showcases top software solutions suitable for various industries, providing a comprehensive review service by comparing the best software solutions available on the market. The platform creates unbiased lists of the top software solutions by category, helping businesses find the right solution for them.
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