Turbonomic Named to the Inc. 5000 List of America’s Fast-Growing Private Companies for the Fifth Time
Assuring Application Performance Through AIOps Drives Growth of Customers and Strategic Partners in the Application Era
BOSTON – AUGUST 19, 2020 – Turbonomic, the leader in Application Resource Management (ARM), today announced it has earned a place on the Inc. 5000 for the fifth time, ranking among the fastest growing private companies in the nation. The exclusive list represents the most successful companies within the American economy – organizations like Microsoft, Intuit, LinkedIn, Zappos, Patagonia, and many other industry leaders gained their first national exposure as honorees on the Inc. 5000.
“Turbonomic is honored, once again, to be on the Inc. 5000 and would like to credit our customers and strategic partners, including Cisco, IBM, Microsoft and Amazon,” said Tom Murphy, Chief Marketing Officer at Turbonomic. “Today, to remain competitive, companies are bolstering their digital experience by deploying modern applications and leveraging Turbonomic to assure the performance of their business applications across hybrid and multicloud environments.”
“A single platform that manages the full application stack is critical,” said a leading sales and marketing services organization. “Turbonomic is the gold standard – it scales without complexity and continuously delivers the performance we need for our hybrid cloud environment.”
Companies on the 2020 Inc. 5000 list achieved an incredible three-year average growth of over 500 percent, with a median of 165 percent. The Inc. 5000’s aggregate revenue was $209 billion in 2019, accounting for over 1 million jobs over the past three years.
“The companies on this year’s Inc. 5000 come from nearly every realm of business,” said Inc. editor-in-chief Scott Omelianuk. “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.”
Turbonomic also received this honor in 2019, 2018, 2016, and 2015. Inc.’s recognition adds to Turbonomic’s recent awards and announcements, including:
- Fast Company Best Workplaces for Innovators
- EMA Vendor to Watch
- Turbonomic and IBM Announce OEM Partnership
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.
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Turbonomic created Application Resource Management (ARM) to assure customers’ application performance by eliminating resource congestion across hybrid and multicloud environments. Today, applications are the business and ARM actively manages the full application stack of logical and physical resources to continually deliver the best end user experience despite changes in application demand. Together with its strategic partners, including Cisco, IBM, Microsoft, and AWS, Turbonomic serves more than 2,500 customers – including twenty-seven percent of the Fortune 500. Leveraging AIOps, we believe every application should always get the resources it needs, and users should never have to wait for an application to respond. To learn more, visit turbonomic.com.
More about Inc. and the Inc. 5000
The 2020 Inc. 5000 is ranked according to percentage revenue growth when comparing 2016 and 2019. To qualify, companies must have been founded and generating revenue by March 31, 2016. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2019. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2016 is $100,000; the minimum for 2019 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/inc5000.
About Inc. Media
The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.