QOS Networks is Named to 2020 Inc. 5000 List for Second Year

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QOS Networks is Named to 2020 Inc. 5000 List for Second Year

Aug 12, 2020

For the 2ndTime, QOS Networks Appears on the Inc. 5000, Ranking No. 718 With Three-Year Revenue Growth of 656.96 Percent

Inc. magazine today revealed that QOS Networks is No. 718 on its annual Inc. 5000 list for 2020, the most prestigious ranking of the nations fastest-growing private companies. The li

st represents a unique look at the most successful companies within the American economys most dynamic segment—its independent small businesses. QOS Networks achieved an impressive growth rate of 656% over the last 3 years and is ranked No. 21 in the IT Management Industry.</p> <p>QOS Networks is a managed network services provider that focuses on tool-based network intelligence and automation. QOS has delivered tens of thousands of edge solutions to customers in more than 40 countries across the globe. With a key focus in <a href="https://qosnet.com/intelligent-network-platform/">SD-WAN</a>, <a href="https://qosnet.com/secure-network-edge/">security</a>, and advanced <a href="https://qosnet.com/resources/">analytics</a>, QOS has changed the landscape of how enterprises interact with their networks. Driven with AIOps, QOS has engineered a better way to see network insights in near real-time with multiple data inputs and a robust correlation engine to intelligently identify network incidents, security risks, and automatically attempt remediation.</p> <p>Were thrilled to be named on the Inc. 5000 this for the <a href="https://qosnet.com/blog/qos-networks-ranked-94-fastest-growing-company-on-deloittes-2019-technology-fast-500/">second</a> year in a row, says QOS Networks CEO, Frank Cittadino. QOS is at the forefront of delivering intelligent network solutions backed in automation, AIOps, and technology. Being a part of the Inc. 5000 is key in recognizing our growth and success in the marketplace.</p> <div>&#8220;At QOS we develop market-leading products and solutions using cutting-edge cloud native technology,&#8221; says VP of Product Development for QOS Networks, Jon Moss. &#8220;Our commitment to serverless software, big data analysis and machine learning allow us to push the envelope in network intelligence. We&#8217;ve achieved this incredible growth through our culture of continuous innovation and we couldn&#8217;t be more proud of the recognition of that effort.&#8221;</div> <p>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 as well. 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&#8217;s aggregate revenue was $209 billion in 2019, accounting for over 1 million jobs over the past three years.</p> <p>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 www.inc.com/inc5000. The top 500 companies are also being featured in the September issue of Inc., available on newsstands August 12.</p> <p>&#8220;The companies on this years Inc. 5000 come from nearly every realm of business,&#8221; says Inc. editor-in-chief Scott Omelianuk. &#8220;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.&#8221;</p> <p><strong>About QOS Networks</strong></p> <p>QOS Networks is redefining the network edge with their intelligent and robust solutions. QOS Networks brings a holistic network solution to enterprise networks through their Intelligent Network Platform simplifying operations and enabling IT teams to welcome the future of network technology. QOS is an expert in the design, deployment, and management of edge solutions like SD-WAN, security, advanced analytics, multi-cloud enablement, and much more. Their tool and integration-based Intelligent Network Platform brings enterprises a simpler way to grow and manage their network ecosystem that solves their business needs.</p> <p><strong>Methodology</strong></p> <p>The 2020 Inc. 5000 is ranked according to percentage revenue growth when comparing 2016 and 2019. To qualify, companies must have been founded and generating revenue by March 31, 2016. They had to be U.S.-based, privately held, for profit, and independent&#8212;not subsidiaries or divisions of other companies&#8212;as of December 31, 2019. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2016 is $100,000; the minimum for 2019 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.&#8217;s September issue. They represent the top tier of the Inc. 5000, which can be found at <a href="http://www.inc.com/inc5000">http://www.inc.com/inc5000</a>.</p> <p><strong>About Inc. Media</strong></p> <p>The world&#8217;s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.</p>

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