CHICAGO, IL--(Marketwire - Aug 27, 2012) - Mu Sigma (http://www.mu-sigma.com), the largest pure-play provider of decision sciences and analytics solutions for global enterprise customers, announced today that it has been named to sixth annual Inc. 500|5000, an exclusive ranking of the nation's fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy -- America's independent entrepreneurs. Companies such as Microsoft, Zappos, Intuit, Oracle and many other well-known names gained early exposure as members of the Inc. 5000.
"For more than 30 years, Inc. has celebrated the fastest-growing private companies in America. To be honored this year is a particularly notable achievement," said Eric Schurenberg, Editor-in-Chief, Inc. magazine. "To rank among the 2012 Inc. 5000, a company had to thrive through three of the toughest years this economy has seen in living memory."
Mu Sigma was named #907 on the list based on its 365 percent three-year revenue growth. The company's total revenue in 2011 was $63.2 million -- representing 53 percent growth over 2010. Mu Sigma was also named the 47th fastest-growing company in the Business Products and Services Sector, and the 33rd fastest-growing company in the Chicago area. The company created nearly 1000 jobs from 2009-2011.
In the era of Big Data, Mu Sigma has become known as the go-to source for Fortune 500 and other high-growth firms that need help analyzing data sets and extracting key nuggets of information that will help solve real business problems. Some of Mu Sigma's clients include Dell, ideeli and Microsoft. The company now employs more than 2000 analytics professionals, and its global delivery model provides clients with a team of on-site project managers and data scientists supported by a much larger staff working out of India.
Mu Sigma Founder and CEO Dhiraj Rajaram attributes the company's triple-digit growth to its unique business model and the value it provides. "Clients tell us that Mu Sigma's solution quickly pays for itself," said Rajaram. "In this economy, companies cannot afford to make investments without a measurable return. Analytics and decision sciences work can unlock value hidden away in data they already own, and it's easy to measure the impact. We're pleased that so many companies in a variety of industries are continuing to choose Mu Sigma as their analytics partner, and very proud to have made the Inc. 5000 for the third consecutive year."
Mu Sigma has seen strong growth and achieved several significant milestones over the past 12 months, including:
The 2012 Inc. 500|5000 is ranked according to percentage revenue growth when comparing 2008 to 2011. To qualify, companies must have been founded and generating revenue by March 31, 2008. They had to be U.S.-based, privately held, for profit, and independent -- not subsidiaries or divisions of other companies -- as of December 31, 2011. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2008 is $100,000; the minimum for 2011 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/500.
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.
About Mu Sigma
Mu Sigma is a leading provider of decision sciences and analytics solutions, helping companies institutionalize data-driven decision making. Mu Sigma works with market-leading companies across multiple verticals, solving high-impact business problems in the areas of Marketing, Supply Chain and Risk Analytics. With over 75 Fortune 500 clients and over 2000 analytics professionals, Mu Sigma has disrupted the analytics industry by integrating the disciplines of business, math, and technology in a sustainable global delivery model. Further, analytical assets developed by Mu Sigma's innovation and development team ensure a competitive edge to clients. Mu Sigma is headquartered in Chicago with its main delivery center in Bangalore, India and is arguably the world's largest pure-play decision sciences and analytics solutions company.
Mu Sigma is a trademark of Mu Sigma, Inc. in the United States and other countries. All other trademarks contained herein are the property of their respective owners.