COPPELL, Texas, Aug. 12, 2020 /PRNewswire/ -- Sagent, a global provider of communications network equipment, repair solutions and maintenance services, announced today that it was featured on the annual Inc. 5000 list, the most prestigious ranking of America's fastest-growing private companies. The company posted an 84 percent increase in revenue from 2016 to 2019.
"At Sagent, we show up every day for our customers and are committed to our 'nothing-to-hide' approach," said Sagent CEO Gordon Smith. "We're thrilled to have our accomplishments recognized by Inc. Magazine. I'm grateful to all of the companies that trust us with their networks and to each and every one of our employees – they make it all possible."
Sagent was founded nearly two decades ago, and today, the company processes more than two million network assets per year. Thousands of customers in over 80 countries have turned to Sagent – including tier-1 telcos, wireless carriers, cable MSOs, Fortune 500s, and even the OEMs themselves.
In 2019, the company launched Sagent Insights: a business intelligence reporting platform that captures and analyzes massive quantities of data and ultimately drives efficiencies that save customers money. The platform helped catapult the business, differentiating Sagent's offerings from competitors.
The Inc. 5000 list of the fastest-growing private companies in America honors all sizes of success. To qualify, a company must be privately-owned in the United States, have started earning revenue by March 31, 2016, and had revenue of $1M+ in 2016 and $2M+ in 2019. Revenue in 2019 must be greater than 2016.
Complete results of the Inc. 5000 list, 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.
Sagent helps customers lower total cost of network ownership and risk of downtime. When there is a need to repair, reuse, replace, or resell network equipment, network operators get the advanced business analytics and network support services required to make the best decisions possible. Sagent takes a nothing-to-hide approach—no hidden data, no hidden risks, and no hidden agenda—so customers finally know what their network knows. That's why companies in over 80 countries have turned to Sagent since 2001. Today we serve thousands of tier-one telcos, cable MSOs, Fortune 500s, and even the OEMs themselves, and our 130,000-square-foot facility ships more than two million parts per year. For more information about Sagent please visit Sagent.net.
More about Inc. and the Inc. 5000
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—not subsidiaries or divisions of other companies—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.'s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/inc5000.
About Inc. Media
The world'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.
For more information on the Inc. 5000 Conference, visit http://conference.inc.com/.