Learn on Demand Systems Named as a 2019 Inc. 5000 Company
SOURCE Learn on Demand Systems
Inc. magazine today revealed that Learn on Demand Systems is recognized on its annual Inc. 5000 list, the most prestigious ranking of the nation's fastest-growing private companies.
NEW YORK, Aug. 14, 2019 /PRNewswire-PRWeb/ -- Inc. magazine today revealed that Learn on Demand Systems is recognized on its annual Inc. 5000 list, the most prestigious ranking of the nation's fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy's most dynamic segment-its independent small businesses. Microsoft, Dell, Domino's Pizza, Pandora, Timberland, LinkedIn, Yelp, Zillow, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
"It's an honor to be recognized on this distinguished list," said Corey Hynes, CEO of Learn on Demand Systems. "We are so proud of our amazing team who continue to push boundaries every day. And to our customers, we thank you for the continued support!"
Not only have the companies on the 2019 Inc. 5000 been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists. The 2019 Inc. 5000 achieved an astounding three-year average growth of 454 percent, and a median rate of 157 percent. The Inc. 5000's aggregate revenue was $237.7 billion in 2018, accounting for 1,216,308 jobs over the past three years.
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.
"The companies on this year's Inc. 5000 have followed so many different paths to success," says Inc. editor in chief James Ledbetter. "There's no single course you can follow or investment you can take that will guarantee this kind of spectacular growth. But what they have in common is persistence and seizing opportunities."
About Learn on Demand Systems
Learn on Demand Systems, an Inc. 5000 company, empowers organizations to accelerate technology learning through hands-on experience and skills validation. A global leader in hands-on live learning, Learn on Demand Systems recognizes the challenges companies face to create and maintain engaging labs, workshops, courses and assessments that make technical concepts tangible across the globe. To address these challenges, the company offers a suite of products and services to develop, manage and deliver effective hands-on training, assessments and validation. To learn more, visit https://www.learnondemandsystems.com or follow Learn on Demand Systems on Twitter at @LodSystems.
More about Inc. and the Inc. 5000
The 2019 Inc. 5000 is ranked according to percentage revenue growth when comparing 2015 and 2018. To qualify, companies must have been founded and generating revenue by March 31, 2015. They had to be U.S.-based, privately held, for profit, and independent-not subsidiaries or divisions of other companies-as of December 31, 2018. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2015 is $100,000; the minimum for 2018 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 http://www.inc.com/inc5000.
About Inc. Media
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. Inc. took home the National Magazine Award for General Excellence in both 2014 and 2012. The total monthly audience reach for the brand has been growing significantly, from 2,000,000 in 2010 to more than 20,000,000 today. For more information, visit http://www.inc.com.
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