KING OF PRUSSIA, Pa.--(BUSINESS WIRE)--NextDocs Corporation, the global leader in Microsoft SharePoint based software solutions for life sciences industries, announced today that the company was ranked #67 on the 30th Annual Inc. 500 list, an exclusive ranking of the fastest-growing private companies in America.
NextDocs Corporation placed #67 on the list, with an astounding three year sales growth rate of 3213 percent, and an increase of almost four million dollars in revenue this past year alone. NextDocs also ranked #3 in Philadelphia and #9 in the Software category.
“NextDocs has been seeing great momentum in growth this year and we are honored to be recognized by Inc. for the second consecutive year,” said Zikria Syed, CEO of NextDocs. “While this award recognizes the dedication and hard work we’ve put into building and growing NextDocs into the company it is today, it only drives us to look towards many more years of such success.”
NextDocs’ solutions help life sciences companies of all sizes reduce the cost and complexity of meeting compliance requirements by leveraging SharePoint-based compliance software. The company has over 100 customers across the life sciences industry, in a variety of sectors, including: pharmaceuticals, medical devices, biotechnology, contract research organizations and university research foundations.
The 2011 Inc. 500 companies represent the top tier of the Inc. 5000, which will be unveiled in the September issue of Inc. Complete results of the Inc. 500, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found on Inc.com/500.
NextDocs will celebrate with fellow award winners at the Inc. 500|5000 Conference & Awards Ceremony in National Harbor, Maryland, September 22-24, 2011.
About NextDocs Corporation
NextDocs is the global leader in providing Microsoft SharePoint-based compliance solutions to life sciences organizations. It enables businesses in regulated industries to achieve compliance with FDA and other agencies while automating processes, improving efficiency and dramatically reducing costs. NextDocs customers include Pharmaceutical companies, Bio-Techs, Medical Device companies and CROs. For more information on NextDocs Corporation and the software solutions visit www.nextdocs.com.
Methodology
The 2011 Inc. 500 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. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at www.inc.com/500.
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.