Grand Rapids, MI, September 18, 2024 – Inc. Magazine has announced that Applied Innovation (“Applied”) is ranked #4906 on its prestigious Inc. 5000 List for 2024. This list is widely recognized as a benchmark for the fastest-growing private companies in the U.S., ranking firms based on their percentage revenue growth from 2000 to 2023. By making this elite list, Applied joins the ranks of other trailblazing companies such as Microsoft, Pandora, and Under Armour.
“Being named to the Inc. 5000 for the third time is a testament to our relentless pursuit of innovation and excellence,” said John Lowery, CEO of Applied Innovation. “This achievement reflects not only the extraordinary talent and dedication of our team but also the trust and support of our clients and partners. It inspires us to continue our mission of delivering office technology solutions that drive growth and success for those we serve.”
The 2024 Inc. 5000 companies achieved a remarkable three-year median growth rate of 208%. Collectively, these companies generated $317 billion in revenue in 2023 and accounted for approximately 875,000 jobs added over the past three years. Complete results of the Inc. 5000, including detailed company profiles and an interactive database sortable by industry, region, and other criteria, are available at www.inc.com/inc5000/2024.
In addition to its overall national ranking of #4906, Applied Innovation is also recognized as the #100 fastest-growing company in Michigan, #27 in Grand Rapids, and #410 in IT Services.
About Applied Innovation
With over 37 years of expertise, Applied Innovation provides imaging, technology, and automation services to businesses, healthcare organizations, educational institutions, and manufacturing operations. Our goal, to improve our clients’ businesses and the lives of the people working within them, is measured by our 98.8% client retention rate. Applied Innovation locations in Michigan, Indiana, Ohio, and Florida are home to over 500 team members, our world-class technology partnerships, and a unique Customer Loyalty Center.