FORT WAYNE, Ind. – Neoti, a U.S.-based LED display manufacturer, recently was listed on the annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. Neoti has seen double and triple digit growth over the last four years, securing a spot amongst the most successful companies in America. Intuit, Zappos, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
Neoti’s growth has continued into 2020, as a result of exciting new partnerships with several of the nation’s top Pro AV design and integration companies as well as many supporting technology companies. This broad acceptance of Neoti’s direct-view LED brand gives way to forecasting another largely positive growth year for the company.
“Neoti’s values of relationships, responsiveness, service and technology have been the reason for our continued growth,” said Derek Myers, Neoti President and CEO. “In a very crowded category, Neoti stands out by responding quickly to our customers, providing them with reliable technology and great post-sale support.”
Not only have the companies on the 2020 Inc. 5000 been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists. The 2020 Inc. 5000 achieved an incredible three-year average growth of over 500 percent, and a median rate of 165 percent. The Inc. 5000’s aggregate revenue was $209 billion in 2019, accounting for over 1 million jobs over the past three years.
“The companies on this year’s Inc. 5000 come from nearly every realm of business,” says Inc. editor-in-chief Scott Omelianuk. “From health and software to media and hospitality, the 2020 list proves that no matter the sector, incredible growth is based on the foundations of tenacity and opportunism.”
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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