Winshuttle Named to Inc. 500 List of Fastest Growing Companies
Winshuttle joins ranks of fastest growing reputable companies.
Bothell, WA – September 24, 2007 –Winshuttle LLC, a provider of data quality, data synchronization, and data incorporation products for SAP® Business Suite applications, announced today that Inc. magazine ranked Winshuttle No. 124 on its 26th annual Inc. 500 list of the fastest-growing private companies in the U.S. with a three-year sales growth of 1418 percent. “If you want to find out which companies are going to change the world, look at the Inc. 500,” said Inc. Editor Jane Berentson. “These are the most innovative, dynamic, fast-growth companies in the nation, the ones coming up with solutions to some of our most intractable ills, creating systems that let us conduct business faster and easier, and manufacturing products we soon discover we can’t live without.”
The Inc. 500 list is Inc. magazine’s tribute to American business ingenuity and ambition. “We’re extremely honored to be named as the Inc. 500 124th fastest growing company and believe this recognition is due to the hard work of our Winshuttle team, our customers and our user enabled SAP data shuttling applications,” said Vikram Chalana, president of Winshuttle. “We have experienced tremendous growth because of the strong market demand for our data quality and integration products for SAP solutions. Companies today need a simple to use application that will allow them to seamlessly transfer data to and from their SAP solutions. As a measure of this demand, our customer base has grown from 50 customers in 2004 to over 250 customers in more than 25 countries worldwide in 2006.”
The 2007 Inc. 500, as revealed in the September issue of Inc. magazine (on newsstands August 28 – October 2), reported aggregate revenue of $16 billion and median three-year growth of 939 percent. Most important, the 2007 Inc. 500 companies were engines of job growth, having created more than 64,064 jobs since those companies were founded. The 2007 Inc. 500 list measures revenue growth from 2003 through 2006. To qualify, companies had to be U.S.–based and privately held, independent – not subsidiaries or divisions of other companies – as of December 31, 2006, and have had at least $200,000 in revenue in 2003, and $2 million in 2006.