Accelerated Multi-Industry Adoption of Rainmaker Revenue Management Solutions Drives Rapid Growth
ATLANTA, GA - August 31, 2011 - Inc. magazine ranked The Rainmaker Group No. 2907 on its annual Inc. 500|5000 list, an exclusive ranking of the nation's fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economyˆ’America's independent entrepreneurs. The Rainmaker Group, a world leader in automated profit optimization software and services for the multifamily housing and gaming/hospitality industries, joins Spirit Airlines, The Go Daddy Group, YouSendIt, ExactTarget, McGraw Communications, Publix, and Dunkin Donuts, among other prominent brands featured on this year's list.
Rapid adoption of Rainmaker revenue management solutions
Rainmaker's position on the Inc. list indicates the accelerated adoption of our automated revenue management and profit optimization solutions by the multifamily housing and gaming/hospitality industries, which allow our customers to maximize revenue from apartment leases and secure the most valuable customers to increase their profitability, respectively, said Tammy Farley, principal and co-founder of The Rainmaker Group. The Company's solutions include Rainmaker LRO (Lease Rent Options) rate optimization software system for the multifamily industry, and its profit optimization Product Suite for the gaming/hospitality industry.
Bruce Barfield, also principal and co-founder of The Rainmaker Group, added, We are grateful to our customers for their trust and confidence in our products and to our exceptional professional team who develop and continually enhance our systems to deliver the best solutions and outstanding customer service each and every day. Together, they are the reason for our growth.
Inc. 5000 show impressive revenues, job creation
In a stagnant economic environment, the median growth rate of 2011 Inc. 500|5000 companies remains an impressive 94 percent. The companies on this year's list report having created 350,000 jobs in the past three years. Aggregate revenue among the honorees reached $366 billion, up 14 percent from last year. Now, more than ever, we depend on Inc. 500|5000 companies to spur innovation, provide jobs, and drive the economy forward. Growth companies, not large corporations, are where the action is, says Inc. magazine Editor Jan Berentson.
The 2011 Inc. 500|5000 list is ranked according to percentage revenue growth when comparing 2007 to 2010. To qualify, companies must have been founded and generating revenue by March 31, 2007. Additionally, they had to be U.S.-based, privately held, for profit, and independentnot subsidiaries or divisions of other companiesas of December 31, 2010. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2007 is $100,000; the minimum for 2010 is $2 million.
About Inc. Magazine
Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc. (www.inc.com) is the only major business magazine dedicated exclusively to owners and managers of growing private companies that delivers real solutions for today's innovative company builders. With a total paid circulation of 710,106, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology.