Monthly Archives: April 2006

VisionIT Recognized By ICIC and INC Magazine As One Of The Nation’s 100 Fastest Growing Inner City Based Companies

By | News and Events | No Comments

(Detroit, MI)

VisionIT, based in Detroit, Michigan, a leading information technology outsourcing and staffing firm, has been named one of the 100 fastest growing inner city based companies for a second year in a row. VisionIT is 11th on the list moving up 6 spots from last year and continuing their stellar growth track record. The VisionIT team has more than doubled and currently includes over 300 employees. Over the 5-year period from 2000 to 2004 they have experienced a growth rate of 1,331.8%.

When asked about the organizations amazing accomplishments Mr. David Segura, President and CEO of VisionIT stated, “We believe our success is directly related to the contributions and commitment our staff members make each and every day. At VisionIT we focus on the needs of both our client’s and our team members. Our goal is to find the common ground that allows individuals to excel and provide outstanding service”.

The competition was created eight years ago by Initiative for a Competitive Inner City and Inc. magazine, which will publish the Inner City 100 list in its June issue. This year’s list was selected from more than 4,500 nominations, originating from 150 cities.The competition was fierce, which meant that hundreds of remarkable companies did not make the final list.

Inner City 100 Companies averaged 5-Year Growth Rate of 655%. The 2006 Inner City 100 winners operate in 30 states and 65 cities. Aggregate 2004 revenues were $31 million. These companies created more than 10,000 new jobs between 2000 and 2004. Collectively, they employ more than 17,000 workers, 34 percent of whom live in inner city neighborhoods.

To qualify for the Inner City 100 list, companies were required to have at least 51 percent of their operations located in an economically distressed urban area; have at least 10 employees; and have a five-year operating sales history The specific rankings were based on total revenue growth over the five-year period. VisionIT’s client roster includes numerous Fortune 500 companies throughout North America. VisionIT is one of Michigan’s leading technology firms providing information technology outsourcing and staffing solutions.

To learn more about VisionIT visit our website at http://www.visionitinc.com/.