IpX – Institute for Process Excellence Ranks No. 3207 on the 2020 Inc. 5000 With Three-Year Revenue Growth of 119% Percent
08/12/2020
NEW YORK, August 12, 2020 – Inc. magazine today revealed that IpX – Institute for Process
Excellence is No. 3207 on its 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. Intuit, Zappos, Under Armour, Microsoft, Patagonia, and many other well-known names
gained their first national exposure as honorees on the Inc. 5000.
“We are honored to be ranked on the Inc. 5000 list for 2020. Our success these past three years is
directly attributed to our commitment as an organization to fostering meaningful relationships with
our global clients, in addition to the continual focus on our true north operational mindset coupled
with our expansion goals. This recognition is a true testament to our sustained growth, our dynamic
culture, and our greatest strength of all – our IpX family,” said Joseph Anderson, President of IpX.
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, including company profiles and an interactive database that can
be sorted by industry, region, and other criteria, can be found at
www.inc.com/inc5000. The top
500 companies are also being featured in the September issue of Inc., available on newsstands
August 12.
“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.”
The annual Inc. 5000 event honoring the companies on the list will be held virtually from October
23 to 27, 2020. As always, speakers will include some of the greatest innovators and business
leaders of our generation.
About IpX
IpX’s education sector is the premier worldwide industrial resource for configuration management,
systems engineering, operational excellence, digital transformation and high-performance culture
training with courses offered in seven languages. Today, IpX is the global industry standard for the
model-based enterprise. IpX’s RISE (Respect through Inclusion, Service, and Equity) is an
evolutionary diversity and inclusion platform.
IpX’s global services sector ensures their clients achieve enterprise excellence through the
revolutionary True North Enterprise Calibration™ model and services. Our business engagement
experts provide needed enthusiasm for change by infusing the mission throughout the enterprise
and connecting leadership with its staff. IpX is the leader in organizational strategies that effectively
integrate the people, processes, systems, and data of the organization. Visit us at
www.ipxhq.com
and follow IpX on
LinkedIn and
Twitter.
Contact: Deanna Hensley, VP of Customer Success, deanna@ipxhq.com, Tel: +1-317-364-1119
More about Inc. and the Inc. 5000
Methodology
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. For more information on the Inc. 5000 Conference, visit
http://conference.inc.com/.
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