Fifth Consecutive Year: Named to the Inc. 5000 List for 2016

Posted by Cherie L. Steffen on August 23, 2016 at 1:00 PM
Cherie L. Steffen
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We are honored to announce today that we were listed No. 4188 on Inc. Magazine’s 35th annual Inc. 5000, the most prestigious ranking of the nation's fastest-growing private companies. 2016 makes our fifth year in a row winning this coveted award.

“During this three-year period we adopted a methodology called teams-of-teams. This methodology empowers teams to choose direction and to make decisions that align with the company’s beliefs, core values and critical number. By using this methodology our company was able to move quicker than our competitors giving us a significant advantage,” says Jason Tapolci, President of VoIP Innovations.     

Inc5000_starburst-1.jpgThis list, unveiled online at Inc.com and with the top 500 companies featured in the September issue of Inc. (available at newsstands August 23), is the most competitive crop in the list’s history. The average company on the list achieved a mind-boggling three-year growth of 433%. The Inc. 5000’s aggregate revenue is $200 billion, and the companies on the list collectively generated 640,000 jobs over the past three years, or about 8% of all jobs created in the entire economy during that period.

"The Inc. 5000 list stands out where it really counts,” says Inc. President and Editor-In-Chief Eric Schurenberg. “It honors real achievement by a founder or a team of them. No one makes the Inc. 5000 without building something great – usually from scratch. That’s one of the hardest things to do in business, as every company founder knows. But without it, free enterprise fails.”

The list is ranked according to percentage revenue growth when comparing 2012 to 2015. To qualify, companies must have been founded and generating revenue by March 31, 2012. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2015.

In 2016, VoIP Innovations was also awarded a Visionary Spotlight Award by ChannelVision Magazine, a Communications Product Solutions Award for its Titanium III BackOffice by TMC, and named on the list of Pittsburgh Business Times’ 100 Fastest Growing Companies.

Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at http://www.inc.com/inc5000.

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