Chicago, IL (PRWEB) August 27, 2014
InRule Technology, provider of the premier business rules management system (BRMS) for the Microsoft platform, announced today that it has been named to the 2014 Inc. 500|5000, an exclusive ranking of the nation’s fastest growing private companies.
InRule Technology was ranked 3636 on the list of 5000 companies in terms of percentage growth of annual revenue over a three-year period. This years list assessed revenues between 2010 and 2013.
Between 2010 and 2013, InRule Technology revenue grew 89 percent. In 2013, InRule achieved record revenue growth. The 67 percent year-over-year increase in booked business is attributed to greater traction in key industry verticals, including financial services, insurance, healthcare and the public sector. Additional licensing agreements with InRule’s existing user community and greater penetration in the EMEA and Asia-Pacific markets also bolstered 2013 growth. The company also had significant EBIDTA in 2013.
InRule Technology has experienced tremendous growth in recent years due to our teams unwavering commitment to delivering an exceptional product and associated services, as well as the growing adoption of our technologies in key verticals, such as banking and finance, insurance, healthcare and the public sector, said Paul Hessinger, chairperson and chief executive officer, InRule Technology. We are enterprise proven, scalable and cloud-ready.
InRule Co-Founder and Chief Operating Officer Rik Chomko added, It is an incredible honor to be named to the Inc. 500|5000 list of the fastest growing private companies in America. We are proud to serve a growing community of organizations who rely on InRule to ensure compliance, remain competitive and optimize resources. We look forward to expanding our user community and helping other organizations realize the power of computing without the complexity of programming.
For more than 12 years, InRule Technology has empowered technical and business users to change rules and calculations within applicationswith less effort, cost, and risk than managing changes within codeto help organizations keep pace with changing marketplace needs. By allowing business users and developers to more easily author and manage decision logic, InRule
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