BigMachines Featured in Inc. 5000 List of America's Fastest Growing Companies for Third Consecutive Year
Inc. recognizes BigMachines among 100 Fastest Growing Software Companies for Three-Year Sales Growth of 269 Percent
Chicago, IL, August 25, 2010 -- BigMachines, Inc., the leader in sales configurator, pricing and quoting, proposal generator and B2B eCommerce software-as-a-service (SaaS), announced today that the company has been named by Inc. magazine in its 2010 list of the 5000 fastest-growing private companies in America, coming in at number 1,115.
Inc. also ranked BigMachines number 39 in the Top 100 Businesses in the Chicago metro area, including Illinois, Indiana and Wisconsin, and number 75 in the Top 100 Software Companies in America. Since 2008, BigMachines has steadily risen in rank on several Inc. 5000 lists, including comparisons of growth to all private companies in the US, in Chicago and in the software industry. BigMachines' position in the Inc. 5000 list has steadily climbed from 1,425 in 2008, to 1,324 in 2009, to 1,115 in 2010.
"The leaders of the companies on this year's Inc. 5000 have figured out how to grow their businesses during the longest recession since the Great Depression," said Inc. president Bob LaPointe. "The 2010 Inc. 5000 showcases a particularly hardy group of entrepreneurs."
BigMachines recently announced that the company recognized GAAP revenue increase of 99 percent for the first half of 2010 compared to the same period in 2009 and committed monthly recurring revenue (CMRR) grew by 84 percent. BigMachines also added more than 30 new customers and 45 new full-time hires globally (more than 35 in the US) in the first half of 2010.
"Our continued growth in revenue and resources enables us to invest more to accelerate our innovation and provide unmatched support and service resources to our customers across the globe," said Godard Abel, CEO and co-founder of BigMachines. "BigMachines has been creating jobs year after year and the entire team takes pride in being recognized among the fastest-growing private companies for the third year in a row by Inc. magazine."
BigMachines will unveil its ongoing innovations and will showcase its newest product, BigMachines11, at BigIdeas 2010 at the Swissotel Chicago, October 24-26. At BigIdeas, customers and partners will collaborate and provide input on the next generation of BigMachines software. BigIdeas has become one of the largest SaaS innovation conferences where attendees discover best practices for deploying SaaS solutions to streamline their sales processes and enable B2B eCommerce. Information is available at www.bigmachines.com/bigideas.
About BigMachines
BigMachines is the global leader in enabling B2B sales, helping companies sell more and sell faster. BigMachines' award-winning on-demand configurator, pricing and quoting, proposal generator, and B2B eCommerce software 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, Microsoft 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 Acme Packet and Voltaire. For more information, visit www.bigmachines.com.
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