LumenData Named by Inc. Magazine as One the Fastest Growing IT Services Companies

SANTA CLARA, Calif. - Sept. 5, 2013 - PRLog -- LumenData is pleased to announce that it has been named one of the fastest growing IT Services companies by Inc. Magazine in its exclusive Inc. 500|5000 list. . The list represents the most comprehensive look at the most important segment of the economy—America’s independent entrepreneurs. LumenData was ranked #190 out of 733 companies in the IT services industry, #20 in San Jose metro area, and #1482 overall on the 2013 Inc. 500/5000 list.  LumenData joins prominent brands, including LivingSocial, Edible Arrangements, and SurveyMonkey, as one of the nation’s 2013 fastest growing private companies.

LumenData’s growth has been driven in an age of “big data” explosion, where businesses are grappling with the need to continuosly provide clean and consistent data — an essential pre-requisite to creating accurate insights for rapid product innovation, targeting customers with the right offers and operational excellence.

“We are honored to have been selected in the Inc. 500|5000 list along with many other prestigious companies,” said Nimish Mehta, CEO & Co-founder of LumenData.  “Our growth of 270% over last three years is the result of having assembled a team of talented professionals with deep expertise in data management solutions and our relentless focus on delivering business value to our clients.”

To view LumenData’s profile on the 2013 Inc. 5000 list, please visit http://www.inc.com/profile/lumendata.

Methodology

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. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2012. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2009 is $100,000; the minimum for 2012 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 www.inc.com/5000.

About LumenData

LumenData is a leading provider of Enterprise Information Management solutions with deep expertise in Master Data Management, Data Strategy, Data Quality, Data Governance and Big Data.  Through a combination of highly trained consultants, strong partnerships, relentless focus on quality and executive oversight, LumenData has successfully delivered planning, implementation, integration, maintenance and training services to over 50 blue chip clients.  For more information about LumenData, visit www.lumendata.com or email info@lumendata.com.

About Inc.

Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders.  Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 6,000,000 today.  For more information, visit www.inc.com.

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