Inc. 5000 Ranks Softeq Among US Fastest-Growing Companies for the 2nd Year in a Row

HOUSTON, August 15, 2019 /PRNewswire-PRWeb/ -- Between 2015 and 2018, Softeq achieved a 276% revenue increase, and ranks number 1501 among the honorees. The majority of growth has come organically as the company has expanded business with existing clients and added new clients to its roster of blue-chip technology companies and startups seeking technical software, firmware, and hardware development services. Softeq serves its global client base through offices in Houston, Minsk, Belarus and Munich, Germany.

"In 1997, Softeq was established as a one-person business. Today we are a full-stack, full-cycle software and hardware development team of more than 300 capable of engineering end-to-end solutions from scratch, transforming analog businesses to digital, and designing technology systems that scale for growth globally. We have always anticipated IT trends, and now focus on the highest growth segments in hardware and software: the Internet of Things, immersive technologies, Machine Learning, blockchain, robotics, and industrial automation. This ? alongside the ability to solve business-specific problems faced by our customers ? defines us as a company. We feel proud and grateful to be part of the 2019 Inc. 5000 list, and admire the magazine's mission to provide an objective overview of the dynamics in the American entrepreneurial landscape," says Christopher A. Howard, Softeq Development Corporation Founder and CEO.

Inc. 5000 Methodology
To qualify for the 2019 Inc. 5000 list, it was obligatory for companies to meet each of the following criteria:

• A US-based, privately-owned, and independent business
• Has been generating revenue since March 31, 2015
• Generated no less than $100,000 in revenue in 2015, and no less than $2,000,000 in 2018

Results
The 2019 Inc. 5000 average three-year growth is 454%, and the median rate is 157%. Aggregate revenue was $237.7billion in 2018, accounting for 1,216,308 jobs over the past three years. The Inc. 5000 list is presented as an interactive database, where companies can be filtered by industry, location, and other criteria.

About Softeq Development Corporation
Founded in 1997 in Houston, TX, Softeq Development Corporation works with Fortune 500 companies and innovative startups. As a full-stack software and hardware development service provider, Softeq bridges technology gaps in knowledge-intensive projects and builds end-to-end IT solutions from the ground up. The company provides expertise in a variety of trending technologies, including the Internet of Things, Machine Learning, robotics, blockchain and AR/VR, to help clients make the transition from analog to digital, and designs IT systems and devices for increased security and scalability. Some of Softeq's customers include Intel, Verizon, Epson, Microsoft, Lenovo, Disney, and Nvidia. Learn more at softeq.com.

About Inc. Media
Inc. is an American weekly magazine, which has been in print since 1979, and remains the only major periodical dedicated solely to providing tips and solutions to the owners and managers of private companies.

Since its acquisition by Mansueto Ventures in 2005, the magazine has accomplished two remarkable feats: Inc. took home the National Magazine Award for General Excellence in both 2014 and 2012, and expanded its monthly audience to 25,000,000 readers (up from 2,000,000 in 2010).

Inc. publishes the annual lists of the US fastest-growing private companies, known as Inc. 500 and Inc.5000, to help readers gain a better understanding of the local entrepreneurial landscape. To promote the publication and celebrate the honorees' achievements, Mansueto Ventures LLC hosts the Inc. 5000 Conference & Awards Ceremony. This year, the event will take place on October 10-12, in Phoenix, AZ. For more information, visit http://www.inc.com.

Contact
For additional information about Softeq Development Corporation, contact:
Terry Marshall, Marketing Manager
281-552-5030
terry.marshall(at)softeq(dot)com

SOURCE Softeq