Inc. magazine recently included Enovate in its annual Inc. 5000 list of the fastest-growing private companies in the United States. The list, based on percentage revenue growth from the last four years, is a comprehensive look at one of the most important sectors of the American economy--independent-minded entrepreneurs. The companies that share this year's list with Enovate include consumer electronics producer Vizio, Internet domain registrar GoDaddy and rental car service Zipcar.
"We feel honored to be recognized by Inc. as one of the fastest growing companies in the country. Our continued growth in a troubled economy is a testament to our talented and dedicated team," said Ron Sgro, co-founder and CEO of Enovate. "We are extremely exited about the future of the healthcare IT industry, as well as our role in the years to come."
Since 2003, Enovate has been providing mobile and wall mounted computer workstation solutions for the healthcare environment. Enovate's extensive list of clients includes The Johns Hopkins Hospital, the Cleveland Clinic, the University of Chicago Medical Center and Massachusetts General Hospital. Over the four years that Inc. 5000 used to calculate the results, Enovate experienced 84.5 percent growth, from $12.1 million revenue in 2005 to $22.3 million in late 2008.
Co-Founder and company President Fred Calero attributed Enovate's tremendous track record of growth to its internally designed, developed and assembled healthcare hardware solutions, as well as its continued effort to solicit customer feedback.
"We have found that many of the world's finest organizations realize the proven benefits of listening then adapting quickly to the customer's requirements," he said. "That is what ensures success in today's economy, and it's how we've been able to position ourselves as proven leaders in the healthcare IT market."