- Press Release
- Press Release
Concept Technology, Inc. Honored by Inc. 500|5000
Ranked 2884 on the prestigious annual list
NASHVILLE, Tenn. Aug. 21, 2012 – For the second time, IT service provider Concept Technology, Inc. has once again made the Inc. 500|5000 list of the fastest-growing private companies in America. Ranked 2884 overall, the company cited a three-year growth rate of 79 percent.
Concept Technology ranked 24th out of the 49 Middle Tennessee area companies that made the 2012 list. The company also ranked 406th nationally within the IT services industry.
Founded in 2003, this is the second year in a row that Concept Technology has made the Inc. list. Last year, Concept Technology ranked 22nd out of Nashville businesses and 2516 nationally. The company provides IT outsourcing and consulting, network maintenance and security and help desk services to small and mid-sized businesses throughout Middle Tennessee.
“When Inc. tells you that you’ve made the list, they also tell you that there are nearly seven million private U.S. companies who are eligible for inclusion in the Inc. 500|5000. That stat really put the honor into perspective for us. It’s humbling to be among the top few thousand companies in the country,” said James Fields, president and founder of Concept Technology. “This being our second year on the list makes the accomplishment just that much more meaningful for our team members.”
Previous Inc. 500|5000 lists have included such tech powerhouses as Microsoft, Vizio, Intuit and Oracle. According to the magazine, companies are chosen for the list by comparing revenue growth from 2008 to 2011. Companies must be U.S.-based, privately held, independent, for-profit and not a subsidiary or division of another company. Revenues in 2008 must have been at least $100,000 and at least $2 million for 2011.
The 31st Annual Inc. 500|5000 Conference and Awards Ceremony will be held October 3-5, 2012 in Phoenix. The full list can be accessed at Inc.com/inc5000.
About Concept Technology, Inc.
Concept Technology provides IT services to small and mid-sized businesses throughout Nashville. James Fields founded the company in 2003 with just himself and one engineer. Now with a staff of 25+ and growing, Concept Technology is one of the top IT companies in the region, serving over 200 area businesses. Concept Technology was named one of the Best Places to Work by the Nashville Business Journal in 2012, 2011 and 2009. The company was also named to Inc.’s 500|5000 in 2012 and 2011, Fortune’s Inner City 100 list of the fastest growing inner city businesses in America in 2012 and 2011, and has received numerous Nashville Chamber of Commerce awards. You can learn more at ConceptTechnologyInc.com, or find us on Facebook at Facebook.com/ConceptTechnologyInc.