The Bureau of Labor Statistics recently announced that the unemployment rate declined by 0.2% to rest on 5.2% in August 2021. According to the Bureau the number of unemployed persons “edged down to 8.4 million, following a large decrease in July.” In August, notable job gains occurred in professional and business services, transportation and warehousing as well as other services. Every year Inc. generates a list of the top 5000 most successful private companies in the USA. Unlike other lists, the Inc. 5000 strives to be an elite showcase of the most noteworthy cases of company growth and development.
Companies on the 2021 Inc. 5000 have been very competitive within their markets, with this year’s list being a testament to the resilience and flexibility these companies showcased in the face of many challenges. Among the 5000 the average median three-year growth rate soared to 5435, with median revenue reaching $11.1. All together these companies added around 610,000 jobs over the past three years.
This year, Inc. magazine revealed that IIIMPACT, a boutique digital UX agency, is ranking at #1043 on the annual Inc. 5000 list. Big names such as Microsoft, Zappos, Under Armour and others, have gained their first exposure as honorees on this prestigious list. Makoto Kern, founder at IIIMPACT, said of this achievement: “Now more than ever, it’s important for companies to properly implement digital transformation processes within their organization efficiently or get left behind by their competition. We are honored to have been recognized on the Inc. 5000 list. This placement is a testament to our team’s digital experience, dedication and the ability to adapt to an ever changing technological environment. We have helped bridge the gap between the best tech and the people that use them…The credit for this honor goes to our clients, partners and team.”
The complete results of the Inc. 5000 includes company profiles and an interactive database with filters for industry, region, women leaders and other criteria. The top 500 companies are featured in the September issue of Inc, which has been available on newsstands since late August.
Spotlight On: IIIMPACT
Headquartered in Austin, Texas, IIIMPACT is a leading digital product consulting agency who has been helping companies since 2004. The company’s product design process is targeted towards companies who are looking to quickly launch or redesign a more innovative product. The company has helped to launch numerous successful digital products in industries such as energy, e-commerce, government, fintech, robotics, education, human resources and health. IIIMPACT’s product development life-cycle allows companies to closely collaborate with their digital leaders. This close collaboration has the power to transform the organization, creating an environment for internal teams to follow and create repeatable processes in order to successfully launch innovative digital products into their markets.
The team at IIIMPACT helps with strategy and provides the tactical horsepower needed to execute strategy and produce UX Designs assets, research and DevOps support for organizations that need it. Mr. Kern explains: “We have, what I call our ‘UX SWAT’ team, which consists of multi-talented experts in Visual Design, User Experience and Front End Development. We help companies continuously improve the UX of their Enterprise applications and integrate User-centered design processes/strategy for agile software development teams. This includes everything from Lean Usability testing (remote and in-person), wireframes and responsive prototyping, visual design, to front-end and back-end coding.”
A Closer Look at INC. 5000
In 1982, Inc. introduced the Inc. 500 list of fastest growing privately held companies in the United States. Since then the prestigious list of the nation’s most successful private companies has become the hallmark of entrepreneurial success. In 2007, the Inc. 500 list expanded to the Inc. 5000, giving readers a richer understanding of the entrepreneurial landscape and capturing a broader picture of success.
Today, the list is a distinguished editorial award and celebration of innovation. The Inc. 5000 ranks companies by overall revenue growth over a three year period. All honoree companies are individually profiled, and the top 500 are featured in the September issue of Inc. Magazine. Inc. also ranks the fastest-growing companies by industry, revenue, metro area and number of employees as well as highlighting women and minority-run companies.
A Few Final Words
As a trusted business-media brand, Inc. offers entrepreneurs an in-depth look at what is needed to build great companies. The award-winning multi platform content reaches an estimated 50 million people on a monthly basis through various channels, helping companies, like IIIMPACT who has been featured on the list, continue to make connections and grow.