Columbus, OH, Sept. 05, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Exacter, Inc., a provider of intelligence based reliability initiatives for the electric utility industry, was selected for the Inc. 5000 Annual List of America's Fastest-Growing Companies. “This award is a significant milestone for our company,” states Exacter Founder and CEO John Lauletta. “It’s a testimony to the hard work and innovation our team has brought to changing the way utilities approach preventing outages and making grid improvements.”
The Inc. 5000 is the most prestigious ranking of the nation's fastest-growing private companies and is based on calculating a company's percentage growth of annual revenue over a three-year period.
Exacter was in the top 25% of all companies on the list and the 28th fastest growing company in Ohio. “When you grow 400% in three years as a technology company, it makes a statement that your product and approaches are on target,” states Geoffrey Bibo, Exacter President. “What’s exciting is that we have a number of next generation products being tested in the field right now that represent even more potential for future growth. I think the Inc. 5000 award is the first milestone of many more to come.”
Exacter’s primary product integrates its patented technology and process with predictive grid reliability analytics to help utilities prevent outages before they occur. Exacter’s core technology is also being integrated into a number of mobile sensor and fixed sensor applications that extend its reach into process industry, OEM, and Industrial Internet of Things (IIoT) applications.
EXACTER®, Inc. is an Industrial Internet of Things (IIoT) company that focuses on electric utilities worldwide. Exacter's multiple US and international patents and trade secret algorithms create a platform technology for providing unique visibility into grid health, identifying areas of safety and system risk, and informing asset management and intelligence-based reliability initiatives