PLANO, Texas – November 8, 2016 – Akorbi, a leading provider of multilingual business solutions, has been ranked by Inc. magazine as #501 in its prestigious Inc. 5000 list, making it one of the fastest-growing private companies in the U.S. The ranking was based on a remarkable growth rate of 758% from 2012 to 2015. Since 1982, the Inc. 5000 has highlighted the nation’s most successful private companies and has become a symbol of entrepreneurial success. Akorbi received the award during the three day conference in San Antonio, Texas, which took place October 21-23.
Akorbi’s fast-growth can be attributed to the fact that it’s one of the most diversified companies in the language services industry. In the last few years, the company has expanded globally and added a variety of new services, including multilingual staffing, business process outsourcing, multilingual call centers, eLearning, interpretation, video remote technologies and so much more.
Akorbi also continues to improve its competitive edge by developing proprietary technology. This year, the company introduced its Unified Multilingual Communication’s Platform (UMCP) which, among other things, is helping companies in the healthcare industry be compliant with Section 1557 of the Affordable Care Act. Section 1557 prohibits using non-certified interpreters, except in emergency situations. Akorbi’s UMCP gives healthcare providers access to certified interpreters and translators, from any service provider, in every mode of communication (voice, video and in-person) through a single, secure platform.
“We are extremely honored to be part of this exclusive list with so many impressive and fast-growing companies,” said Azam Mirza, President and co-founder of Akorbi. “Our growth wouldn’t be possible without the support and dedication of our more than 600 team members around the world, including our co-founder Claudia Mirza, who work tirelessly to support our global clients and make Akorbi an industry leader.”
The Inc. 5000 is the most competitive list of fast-growing private companies. This year, the average three-year growth rate was a staggering 433% and the aggregate revenue was $200 billion. The companies generated 640,000 jobs from 2012-2015 – about 8% of all jobs created in the entire economy during that time. The complete results of the Inc. 5000 can be found at www.inc.com/inc5000.
AKORBI RANKS #501 IN INC. MAGAZINE’S 2016 INC. 5000
Akorbi offers multilingual business solutions in more than 170 languages to some of the largest companies in the world. The company offers a full range of language, localization and global marketing solutions, including: professional staffing, translation, interpretation, video remote technologies, multilingual call centers, business process outsourcing, sign language interpretation, alternate formats, transcription, eLearning and eDiscovery. The company holds several certifications including ISO 9001:2008, ISO 13485:2003, EN 15038:2006 and M/WBE Certification. For more information, visit www.akorbi.com or call 1.877.4.AKORBI.
More about Inc. and the Inc. 500|5000
The 2016 Inc. 5000 is ranked according to percentage revenue growth when comparing 2012 to 2015. To qualify, companies must have been founded and generating revenue by March 31, 2012. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2015. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2012 is $100,000; the minimum for 2015 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.
MPR Source, Inc. for Akorbi