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July 27th, 2009: Q Analysts LLC named fastest growing staffing company in America in 2009 by Staffing Industry Analysts.
SANTA CLARA, CA, July 27, 2009: Q Analysts LLC, a leading information technology consulting firm has been named America's fastest growing staffing company in 2009 by Staffing Industry Analysts.
With a five-year compounded annual growth rate (CAGR) of 104.4%, privately-held Q Analysts generated $17.4 million in sales in 2008. The company, founded in 2003, is a certified minority business enterprise and serves FortuneŽ 500 and emerging growth companies. Q Analysts has sustained its rapid growth in 2009, with first quarter revenues up by 56% over the same period in 2008.
Q Analysts specializes in software quality assurance and testing, business intelligence, data warehousing and professional services. By combining its focused technology practice areas with its Follow-the-Sun Recruiting ModelŽ, Q Analysts has developed a compelling business proposition: access to high-level talent through a cost-effective and flexible model. This methodology is delivered by customer-facing employees that receive intensive technology training and certifications, becoming subject matter experts in order to rapidly best understand manager needs and provide meaningful on-going support.
"We come to work every day focused on the details of delivering the right talent to our customers. We designed our business to leverage client, industry and technical knowledge to make this happen. This #1 ranking is a testament to the commitment of our employees and the quality work of our consultants who make Q Analysts the first choice for our customers. We are honored by this recognition from Staffing Industry Analysts," said Ross Fernandes, founder and President of Q Analysts. "We've grown rapidly because our customers have embraced the way we do business. Building on our roots in software quality assurance and testing, we have worked hard to build a solid reputation and have expanded into other sectors such as business intelligence, data warehousing and professional services as organizations use Q Analysts' people, processes and technologies to develop, implement and support their investments."
The rankings -- published in the July issue of Staffing Industry Report -- are based on the CAGR of U.S.-based companies between 2004 and 2008 that had sales of at least $1million in 2004. For the first time this year, Staffing Industry Analysts allowed publicly-held staffing companies to be nominated for consideration.
"Growth in this economic environment is a significant challenge. Q Analysts' achievements over the past five years are a real accomplishment," said Dana Shaw, Executive Director of Strategic Solutions for Staffing Industry Analysts. "We're pleased to recognize a company that has grown so rapidly by focusing on its core business and serving its customers."
Q Analysts has an aggressive growth strategy in place for the balance of 2009. In addition to current operations anchored by its headquarters in California, the company plans to launch a presence in Los Angeles, Dallas, Houston, Atlanta and Washington DC to serve current customers and to expand its reach to new organizations.