Chicago, IL, Aug. 29, 2011 (GLOBE NEWSWIRE) -- BigMachines, Inc., the leader in product configuration, pricing and quoting, proposal generation and B2B ecommerce, was named to Inc. magazine’s fifth annual Inc. 5000 list. BigMachines is number 1307 on this exclusive ranking of the nation's fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy--America’s independent entrepreneurs.
This announcement marks the fourth consecutive year that BigMachines has been named to the Inc. 5000 list. The company also ranked number 42 on the list of Top Companies in the Chicago Metro Area and number 105 on the list of Top Software Companies in America.
The company has seen a three-year revenue growth of 221 percent. The first half of 2011, BigMachines achieved 92 percent growth in contract bookings and added over 30 new customers. BigMachines has also added to its worldwide team by hiring employees in the areas of product development, services and support, and sales.
"BigMachines’ sustained growth can be attributed to ongoing innovations in its industry leading selling platform; the company’s unwavering focus on customer success and delivering measureable business results; and in hiring world-class talent," said David Bonnette, President, BigMachines. "Our SaaS solution helps customers streamline their sales processes, so they can sell more, sell faster and drive more revenue. "
BigMachines will showcase its ongoing innovation at BigIdeas 2011, BigMachines’ annual Customer and Cloud Conference, at the Swissotel Chicago on October 23 to 25. Attendees of BigIdeas will discover the latest solutions and best practices to streamline their sales processes reduce costs and increase revenues. Information is available at www.bigmachines.com/bigideas.
About BigMachines
BigMachines is the global leader in enabling B2B sales, helping companies sell more and sell faster. BigMachines' award-winning on-demand configurator, pricing and quoting, proposal generator, and B2B eCommerce software solutions empower sales across customers' channels by streamlining their sales processes from opportunity to order. Using BigMachines software, sales teams and channels can quickly configure products, generate quotes and proposals, manage complex pricing, generate legal contracts, and manage orders. BigMachines offers extensive reporting capabilities and easily integrates to leading CRM and ERP systems, including those from salesforce.com, Oracle, Microsoft and SAP. BigMachines' rapidly growing customer base includes global leaders such as Kodak's GCG, Siemens, Ingersoll Rand, and NTT Communications, as well as innovative growth companies such as Acme Packet. For more information, visit www.bigmachines.com.
Methodology
The 2011 Inc. 5000 is ranked according to percentage revenue growth when comparing 2007 to 2010. To qualify, companies must have been founded and generating revenue by March 31, 2007. Additionally, they had to be U.S.-based, privately held, for profit, and independent--not subsidiaries or divisions of other companies--as of December 31, 2010. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2007 is $100,000; the minimum for 2010 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 5000 are featured in Inc.’s September issue can be found at www.inc.com/5000.
About Inc. Magazine
Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc. (www.inc.com) is the only major business magazine dedicated exclusively to owners and managers of growing private companies that delivers real solutions for today’s innovative company builders. With a total paid circulation of 710,106, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. Visit us online at www.inc.com.
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