subject: BigMachines Named in Top 26 Percent of America's Fastest-Growing Companies by Inc. Magazine for Second Consecutive Year [print this page] BigMachines Named in Top 26 Percent of America's Fastest-Growing Companies by Inc. Magazine for Second Consecutive Year
Inc. Recognizes SaaS Leader BigMachines for Impressive Growth of More than 240 Percent in Three Years
Chicago, IL - August 13, 2009 - BigMachines, Inc., the global leader in on-demand sales configuration and proposal software, announced today that the company has been named by Inc. magazine in its 2009 list of the 5000 fastest-growing private companies in America, coming in at number 1,324.
Inc. also ranked BigMachines number 53 in the Top 100 Businesses in the Chicago metro area, including Illinois, Indiana and Wisconsin, and number 84 in the Top 100 Software Companies in America. In addition to recognizing BigMachines' exceptional 240 percent revenue growth from 2005 through 2008, Inc. found it noteworthy that BigMachines has maintained a 95 percent employee retention rate during this same period.
"Savvy trend spotters and those who invest in private companies know that the Inc. 5000 is the best place to find out about young companies that are achieving success through a wide variety of unprecedented business models, as well as older private companies that are still expanding at an impressive rate," said Inc. 5000 project manager Jim Melloan. "That's why our list is so eagerly anticipated every year."
BigMachines recently announced its best quarter in the company's history for Q2 2009, with 54 percent growth in recurring revenues year-over-year. In addition, BigMachines added 30 new customers and expanded its employee base by ten percent.
"On the heels of the tremendous growth we've seen so far in 2009, the entire BigMachines team takes pride in being recognized for the second year in a row by Inc. magazine," said Godard Abel, CEO and co-founder of BigMachines. "We have always worked hard as a company to listen to our customers and drive innovation with our SaaS-based software which ultimately contributes to the success we have experienced year after year."
BigMachines further demonstrates its customer focus at BigIdeas 2009, the company's annual customer and industry forum that will be held October 4-6, 2009 in Chicago, Illinois. Industry experts, BigMachines customers, and business partners gather at BigIdeas to discuss innovative business strategies and best practices in guided selling and product configuration to increase revenues, improve sales efficiency, and reduce costs. More information is available at www.bigmachines.com/bigideas.
About BigMachines, Inc.
BigMachines is the global leader in on-demand sales configuration, quoting and proposal software, helping companies sell more and sell faster in the cloud. BigMachines SaaS solutions empower sales across customers' channels by streamlining their sales processes from opportunity to order. Using BigMachines software, sales teams and channels can quickly configure products, generate quotes and proposals, manage complex pricing, generate legal contracts, and manage orders. BigMachines offers extensive reporting capabilities and easily integrates to leading CRM and ERP systems, including those from salesforce.com, Oracle, and SAP. BigMachines' rapidly growing customer base includes global leaders such as Kodak's GCG, Siemens, Ingersoll Rand, and NTT Communications, as well as innovative growth companies such as ShoreTel and Voltaire Ltd. For more information, visit www.bigmachines.de/english.php.
