Glendale, CA - Systech Solutions, Inc. (www.systechusa.com), a leading end-to-end IT solutions provider, has been named the number one entrepreneurial growth leader north of Los Angeles. The San Fernando Valley Business Journal, a prominent Los Angeles-based publication, today released its annual ranking of the region’s fastest-growing private companies.
Systech has achieved a record 665% growth in revenue between 1998 and 2000, with sales expanding from $1.7 million in 1998 to $13 million in 2000. The company’s customer base encompasses a diverse group of clients, including Nike, Nissan, American Express, Calvin Klein, EarthLink, Ingram Micro, Universal and more. With a 97% customer retention rate, Systech’s #1 ranking highlights its continuing success in the IT services industry – as does the expansion in 2001 of U.S. sales offices in Portland, San Francisco, San Diego and a South Asian sales office in Mumbai (Bombay).
As a Glendale-based business, Systech was listed in the San Fernando Valley Business Journal’s list, while its sister publication the Los Angeles Business Journal today released its own growth list for the city of Los Angeles. Significantly, Systech’s 665% revenue growth rate for the same period easily outstripped the Los Angeles Business Journal’s number one pick (coming in at 540%).
“It is gratifying to see Systech recognized as the fastest growing company in Los Angeles,” said CEO Arun Gollapudi. “In 1993, when we founded the company with two people in a garage, we dreamed big – but certainly didn’t expect to be named the growth leader of Los Angeles in just eight years. It is a testament to the passion and dedication of our teams that we’ve achieved so much. I believe this ranking also speaks to the trust shown by our customer base. Systech has resolved some of the most difficult business challenges for customers, and their loyalty has been our reward. We have always said that our surest measure of success is the trust of our clients.”
Systech’s co-founders, Arun Gollapudi and Srini Ramaswamy, are also featured in a spotlight article on page 25 of this week’s San Fernando Valley Business Journal. The piece, entitled “The Fix is In… Problem Solving” highlights the origins of the company, its innovative business solutions and rave reviews from recent Fortune 500 clients. Recently named to the Inc 500 for the second consecutive year, Systech Solutions is receiving widespread recognition as a dynamic company managing its growth and leadership in the Southern California economy.
(Click here for rankings)
About Systech Solutions
Since 1993, Systech Solutions, Inc. has been the dynamic choice for Business Intelligence, CRM, e-Business, Supply Chain and ERP solutions. Systech's services leverage business and technology expertise to eliminate inefficiency throughout the client's supply chain, reducing time and increasing revenue. Systech brings innovative methodologies, years of industry experience and unequalled professional integrity to every project. www.systechusa.com
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