TAMPA, Fla., Sept. 3, 2013 (GLOBE NEWSWIRE) -- ConnectWise, developer of the leading service management software designed exclusively for IT service providers, VARS, ISVs and MSPs, today announced it has been named to the 2013 Inc. 500|5000, an exclusive ranking of the nation's fastest-growing private companies. ConnectWise was honored for providing innovative business software, enabling partners to increase efficiency, profitability and customer satisfaction. The company was ranked #39 in the Tampa Metro area and named to the Inc. 500|5000 Honor Roll for winning five or more times.
"We are honored to be included on the prestigious Inc. 500|5000 list for six years in a row," said Arnie Bellini, ConnectWise CEO. "We are committed to fostering innovation and delivering even more capabilities to MSPs and IT professionals, and this commitment in turn continues to fuel our own growth. We created ConnectWise with a mission to continuously expand, enhance and improve our offerings based on our partners' changing needs, and this continued recognition from Inc. reflects success of that mission."
Between 2009 and 2012, ConnectWise grew by 100 percent, doubling its revenues from $23.5 million to $47 million in just three years. Today, more than 80,000 IT professionals rely on ConnectWise, a number that grew from 60,000 in just one year. Using its "right-size formula," ConnectWise grew its employee base by 35 percent between 2011 and 2012.
ConnectWise's substantial growth over the past few years has been fueled by a series of strategic innovations, integrations and acquisitions, including the ModernOffice Suite, announced earlier this year. ModernOffice is a powerful platform that sets the stage for unparalleled, industry-changing innovations enabled by the convergence and integration of the ConnectWise platform, LabTech Software (Remote Monitoring & Management) and Quosal (Quote & Proposal Automation). The company is continuing to expand ModernOffice, filling gaps where necessary, to create the industry's most complete, end-to-end business solution. This commitment to innovation, along with encouraging integration through open APIs, will continue to drive the company's growth.
The 2013 Inc. 500|5000 is ranked according to percentage revenue growth when comparing 2009 to 2012. To qualify, companies must have been founded and generating revenue by March 31, 2009, and have revenue no less than $2 million in 2012. Additionally, companies have to be U.S.-based, privately held, for profit, and independent.
2013 Inc. 500|5000 winners will be honored at the 32nd Annual Inc. 500|5000 Conference and Awards Ceremony on October 10-12 in Washington, D.C. To see the full list of winners, please visit http://www.inc.com/inc5000/list.
Designed exclusively for the IT Channel, ConnectWise is the leading business management solution for service providers, MSPs, technology consultants, integrators, and developers. Today more than 80,000 IT professionals rely on ConnectWise to achieve greater accountability, operational efficiency and profitability. ConnectWise fully integrates CRM, sales, help desk ticket and tracking, project tracking, IT service management, SLAs, dispatch scheduling, mobile IT services, time and expenses into a singular IT management software to dramatically streamline IT companies. For the last 31 years, ConnectWise has become the premier business operating system for IT solution providers. ConnectWise APIs are accessed by over 300 organizations, including ConnectWise partners and industry leaders of the IT Nation. For more information visit www.ConnectWise.com or call 800-671-6898.
CONTACT: Jessica Boardman Greenough for ConnectWise, LabTech Software and Quosal firstname.lastname@example.org 617.275.6514