Company achieves a compound annual growth rate of 75.17% in government contracting revenue from 2006 to 2010
5AM Solutions recently secured a spot on the Washington Technology Fast 50. The list recognizes the achievements of some of the best small businesses in the Washington DC metropolitan market, with types of companies on the list ranging from resellers to consultants and IT services providers to research and development firms.
Five years of government contracting revenue were examined (2006 to 2010), and then calculated to determine the compound annual growth rate. Companies were ranked based on that adjusted percentage versus revenue. 5AM ranked number 40 on the final list, with a compound annual growth rate of 75.17%. This was the first year in which 5AM has participated in the Fast 50.
5AM was also profiled in a special Fast 50 article about small business growth in Health IT where President and CEO Brent Gendleman shared additional insight into 5AM's success. "We bring some really unique talent to the field where there’s a lot of opportunity," said Gendleman. "I think our brand of transparent processes and high-quality folks has some resonance," he added.
Editorial Note: Though originally positioning 5AM at #41 in the initial ranking, Washington Technology issued a correction statement on August 1, placing 5AM as #40.
About 5AM Solutions
5AM Solutions makes the web the place where life science professionals work, collaborate, and succeed. From innovative software solutions that evolve the way biomedical researchers work, to bioinformatics and science analysis services that reveal insights hidden in vast amounts of data, the company helps its clients overcome roadblocks to discovery and accelerate progress toward the ultimate goal of better health and improved patient outcomes. www.5amsolutions.com.