Northern Virginia-based Technology Company Named One of the Fastest-Growing Private Companies in America
ARLINGTON, Va.--(BUSINESS WIRE)--#Inc5000--Quantitative Scientific Solutions (“QS-2”), a leading provider of scientific and technical consulting and data analytics services, announced today that it has made Inc. magazine’s 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.
“It’s an honor and a testament to the team we have built to be recognized by the Inc. 5000,” said Dr. Thomas Armel, QS-2 Founding Partner. “QS-2 is able to continually grow because we have an incredibly strong and diverse group of people. Their dedication and talent are what makes QS-2 and our clients so successful, and we look forward to continuing to build upon that success.”
This year’s Inc. 5000 nomination comes after QS-2 recognized a 3-year growth of over 105%, and 2020 is already on pace to surpass this exceptional growth as the company continues to diversify and expand its clients and services.
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 percent, and a median rate 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. Complete results of the Inc. 5000 can be found at www.inc.com/inc5000.
“The companies on this year’s Inc. 5000 come from nearly every realm of business,” says 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.”
About Quantitative Scientific Solutions
QS-2 is a scientific and technical consulting and analytics company that provides creative solutions to help today’s organizations solve tomorrow’s most important problems. Founded in 2013 by leading technologists, QS-2 leverages deep subject matter expertise to translate cutting-edge research into real-world solutions for our partners. Our team is passionate about identifying the most promising directions for investment and innovation, and works side-by-side with our clients to achieve their vision. For additional information about the company, please visit www.QS-2.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.
Dr. Thomas Armel