Orchestra Software Listed on Inc. 5000 Fastest Growing Companies in America
Orchestra Software Ranks No. 704 on the 2014 Inc. 5000 with Three-Year Sales Growth of 643%
PORTLAND, ORE (PRWEB) SEPTEMBER 10, 2014
A combination of cloud technology, industry-specific business software, and a strategy known as software “verticalization” has propelled Orchestra Software to number 704 on the Inc. 5000 list of fastest growing companies in America for 2014. The list represents the most comprehensive look at the most important segment of the economy—America’s independent entrepreneurs. Companies such as Yelp, Pandora, Timberland, Dell, Domino’s Pizza, LinkedIn, Zillow, and many other well-known names gained early exposure as members of the Inc. 500|5000.
“This recognition validates our strategy of industry vertical ERP software, and is a testament to the incredible performance of the team at Orchestra Software over the past five years,” said Orchestra Software President, Brad Windecker. “When we started out, the thought of $2 million in revenue and 100 customers seemed like a distant dream. But this team achieved those milestones, so we’re now confidently looking forward to larger more ambitious goals for the future.”
Founded in 2008, Orchestra Software and its 20 employees has fostered a rapidly-growing customer base of small and mid-size businesses seeking industry-specific, cloud-based ERP software packages to replace off-the-shelf bookkeeping and inventory management.
Orchestra Software generated $2.4 million in revenue in 2013 up from just over $300,000 in 2010 – a three-year-growth increase of 643%. Orchestra Software also added 12 new jobs during the same period. Orchestra Software’s revenue growth and job creation has made an impact in the local technology scene, earning the 12th spot on the list of fastest-growing companies in Oregon.
“A lot of our recent growth has been possible due to the technology advancements of the Cloud”, said Orchestra Software Vice President, Reshad Kazimee. “This allows us to take our SaaS Enterprise solutions into untapped markets at an affordable monthly subscription. The business complexities that reside in a smaller company are typically the same as a larger company. The smaller companies have just not been able to afford Enterprise software until now.”
Windecker attributes such growth trends to a combination of stellar talent and strategies that constantly drive Orchestra to the bleeding edge of innovation:
“Orchestra’s high performance culture based on continuous improvement is what makes us great. We’re constantly adapting to our customers’ needs and expectations, with the goal of wowing the customer at every point in the process,” added Windecker. “Being open to change leads to opportunities for innovation at all levels of the organization that we take advantage of whenever possible.”
The 2014 Inc. 5000 is the most competitive crop in the list’s history with listed companies averaging a three-year growth of 516%, aggregate revenue of $211 billion while generating 505,000 jobs over the past three years.
More about Orchestra Software
Located in Beaverton, Oregon, Orchestra Software is an enterprise software company that creates industry vertical solutions that are scalable for large companies, but affordable enough for small growing companies. Orchestra’s industry-specific software consolidates all company operations into one single application, providing an unparalleled insight into the business, and creating opportunity for cost savings and increased profitability.
Orchestra Software currently offers solutions to the downstream Oil & Gas industry and the beverage manufacturing industry with plans to expand into new markets in the near future.
More about Inc. and the Inc. 500|5000
The 2014 Inc. 5000 is ranked according to percentage revenue growth when comparing 2010 to 2013. To qualify, companies must have been founded and generating revenue by March 31, 2010. They had to be U.S.-based, privately held, for profit, and independent–not subsidiaries or divisions of other companies–as of December 31, 2013. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2010 is $100,000; the minimum for 2013 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/5000.