Running your business News
2021 Fast Growth 150: The Top 25 Solution Providers
Joseph F. Kovar, C.J. Fairfield
Here are the top 25 companies on this year’s Fast Growth 150 list, which ranks solution providers with gross annual sales of at least $1 million by their two-year growth rate.
With the global pandemic, the resulting economic upheaval and massive changes in how everyone works, the last 18 months have been a turbulent time for the IT industry and for the channel.
The pandemic created big opportunities for strategic service providers and solution providers—someone, after all, had to deliver the technology, services and support for all those remote workers. But the pandemic also brought big challenges and for solution providers growth was by no means been assured.
All the more reason to recognize those who have not just survived but thrived.
The CRN Fast Growth 150 ranks solution providers, with annual sales of at least $1 million, by their average two-year revenue growth rate.
Overall, this year’s CRN Fast Growth 150 recorded an average two-year growth rate of 83 percent. That’s slower than the 101 percent growth rate for the Fast Growth 150 list in 2020 and the 147 percent growth rate for the 2019 class. The average two-year growth rate for the 2018 Fast Growth 150 was also 83 percent.
The 150 companies on this year’s list collectively generated revenue of $94.78 billion, considerably above the $37.80 billion generated by last year’s Fast Growth 150 and $55.93 billion by the 2019 class. (The cumulative revenue figure can vary widely year to year depending on the mix of small and large companies on the list.)
Here are the top 25 companies on this year’s Fast Growth 150.