Inc. magazine has once again named WGroup to its annual Inc. 5000 list, the publication’s prestigious ranking of the nation’s fastest-growing private companies. This is the second time WGroup appears on the Inc. 5000, having recorded a three-year sales growth of 67%. The list celebrates innovation and entrepreneurial success and is the place where many well-known names gained their first national exposure, which includes companies such as LinkedIn, Dell, Microsoft, and Yelp.
“Five years ago, we set an ambitious goal to be the premier IT advisory firm in the US. Having made the Inc. 5000 list of the fastest-growing companies in the nation for the second consecutive year indicates that we are well on our way. The journey has been an exciting one, and we owe it to our team of seasoned advisors who have delivered incredible impact for clients by saving them billions in IT spend and improving performance dramatically,” says WGroup CEO Jeff Vail.
Not only have the companies on the 2019 Inc. 5000 (which are listed online at Inc.com) been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists. The 2019 Inc. 5000 achieved an astounding three-year average growth of 454 percent, and a median rate of 157 percent. The Inc. 5000’s aggregate revenue was $237.7 billion in 2018, accounting for 1,216,308 jobs over the past three years.
“The companies on this year’s Inc. 5000 have followed so many different paths to success,” says Inc. editor in chief James Ledbetter. “There’s no single course you can follow or investment you can take that will guarantee this kind of spectacular growth. But what they have in common is persistence and seizing opportunities.”
2019 has been a pivotal year for WGroup. Not only is the firm celebrating its 15th anniversary, its listing on the 2019 Inc. 5000 comes on the heels of the merger between WGroup and Paris-based global IT and management firm Wavestone. From being among the top 10 fastest-growing IT management firms in Pennsylvania to becoming an integral cog in a global operation with the ability to serve client needs in major hubs around the world. The portfolio of expertise has expanded to include financial services expertise, emerging technology strategy, cybersecurity, and data architecture strategies, as well as a growing list of functional expertise which includes innovation management, supply chain, and customer experience.
“Our primary focus remains on digital transformation. Our next phase of growth will see us introduce new service lines, and new practices to continue helping our customers cross the digital transformation chasm, the gap between legacy IT and the digital enterprise they envision for their company. This takes energy, and unwavering commitment, which WGroup and Wavestone have in abundance,” says CEO Jeff Vail.
As of January 28, 2020, WGroup is known as Wavestone US, the North American arm of Paris-based global business and technology consulting firm Wavestone.
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