Inc. 5000 Ranks Stoneridge Software 12th Fastest Growing Private Company in Minnesota
A three-year growth rate of 365 percent has earned Stoneridge Software an appearance on the Inc. 5000 list of America’s fastest growing private companies in its first year of eligibility. As a business technology consulting firm, Stoneridge Software ranks 1,150 among the top 5,000 companies and number 12 for companies located in Minnesota.
Established in 2012 by three former Microsoft employees, Stoneridge Software has quickly become a leading Microsoft Gold Partner for Enterprise Resource Planning (ERP) in the Midwest.
“This recognition is great – it’s confirmation that our strategy of hiring technical experts who are passionate about serving their clients has allowed us to grow consistently over the past four years. Our reputation for solving complex business and technology problems has led more and more companies to seek us out – helping fuel our growth,” said founder and CEO Eric Newell.
After witnessing many projects that floundered, the impetus to found Stoneridge Software began with the vision of creating an organization that would serve as a strategic business partner, successfully delivering software implementation projects, and in turn helping clients realize a better return on their investment. Stoneridge attributes much of its success to its ability to tackle and deliver complex projects, and a focus on creating a culture of client self-sufficiency. After just four years in business, Stoneridge Software has served more than 140 clients and has achieved over 50 go-live implementations.
A 10-year goal for the company is to revolutionize the business applications industry. “Tomorrow’s enterprise software implementations need to be faster, process-centric, predictable and repeatable,” said Newell. “The industry needs a revolution and we are ready and willing to lead the way.”
Stoneridge Software has more than 80 employees with offices in Barnesville, MN, and Minneapolis, MN and specializes in business technology consulting with a focus on Microsoft Dynamics 365, Microsoft Dynamics AX, Microsoft Dynamics NAV and Microsoft Dynamics CRM.
About Inc. 5000
The 2017 Inc. 5000 is ranked according to percentage revenue growth when comparing 2013 to 2016. To qualify, companies must have been founded and be generating revenue by March 31, 2013. Businesses must be U.S.-based, privately held, for profit, and independent–not subsidiaries or divisions of other companies–as of December 31, 2016. The minimum revenue required for 2013 is $100,000; the minimum for 2016 is $2 million. 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