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 Fortune® 500 and emerging growth companies.
Q Analysts has continued 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 Model®, 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 who receive intensive technology training and certifications, becoming subject matter experts in order to rapidly 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 $1 million 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.
About Q Analysts
Q Analysts delivers software quality assurance and testing, business intelligence, data warehousing solutions and professional services to Fortune® 500 and emerging growth companies. A certified minority business enterprise, Q Analysts is headquartered in Santa Clara, CA and is the fastest growing staffing company in America, according to Staffing Industry Analysts. For more information, visit www.qanalysts.com.
About Staffing Industry Analysts
Staffing Industry Analysts is the premier advisory service about the contingent workforce. Known for its independent and objective insights, the company's proprietary research, data, support tools, publications, and executive conferences provide a competitive edge to decision-makers who supply and buy temporary staffing. In addition to temporary staffing, Staffing Industry Analysts also covers related staffing service sectors: third-party placement, outplacement, and staffing leasing (PEOs). Founded in 1989, acquired by Crain Communications Inc. in 2008, the company is headquartered in Los Altos, California, with offices in London, England. For more information please visit www.staffingindustry.com.