CHICAGO, IL--(Marketwire - September 7, 2010) - Data analytics firm Mu Sigma announced today that it has made the Inc. 500 list of the fastest growing private companies in America. The list represents the most comprehensive look at the most important segment of the economy -- America's independent-minded entrepreneurs. Companies such as Microsoft, Zappos, Intuit, GoDaddy, Zipcar, Clif Bar, American Apparel, Oracle, and many other well-known names gained early exposure as members of the Inc. 500.
Mu Sigma was #204 on the 2010 list, having achieved 1424% revenue growth for the period 2006-2009. Mu Sigma's total revenue in 2009 was $21.3 million.
"Fast growth at any time is a big achievement; fast growth during the past few years is just short of miraculous," said Inc. editor Jane Berentson. "The Inc. 500 consists of these just-short-of miraculous companies, the ones that through ingenuity and ambition have increased revenue, hired employees, and grown fast in difficult economic times."
Mu Sigma, headquartered in Chicago with an office in Bangalore, India, is essentially a math factory -- a group of 800+ highly educated, experienced analysts that help Fortune 500 clients make better business decisions through the use of applied math, with business and technology. Mu Sigma solves high impact business problems in a cost effective and sustainable manner by establishing dedicated centers of analytical expertise for its clients. Launched just a few years ago, Mu Sigma has already attracted more than 25 Fortune 500 companies as clients.
According to Mu Sigma founder & CEO Dhiraj Rajaram, the company has benefitted from clients' needs to make more data-driven decisions. "Companies today have tons of data that they have collected over the last few decades. To understand all this data, applied math needs to be used at a much larger scale. Decision Sciences is going to play a much bigger role in companies in the coming years. We at Mu Sigma are very excited to be a part of this revolution and we believe that we are not just building a company, but building an industry," said Rajaram. "The organizations that will emerge from the recession in the strongest positions will be those who not just create but also consume analytics in smarter ways than their competitors. Mu Sigma helps them turn analytics into a competitive advantage." "We are very excited to have received this honor from Inc.," added Rajaram, "and want to thank our clients first and foremost for partnering with us and being such strong advocates."
About Mu Sigma
Mu Sigma is a leading provider of decision science and analytics services helping companies institutionalize data-driven decision making. Mu Sigma works with Fortune 500 market-leading companies across multiple verticals solving high impact business problems in the areas of Marketing, Supply Chain and Risk Analytics. With over 800 analytics professionals, Mu Sigma has disrupted the analytics industry by integrating the disciplines of business, math, and technology in a sustainable global delivery model. Further, analytical assets developed by Mu Sigma's innovation and development team ensures a competitive edge to clients. Clients such as Dell and Microsoft rely on Mu Sigma to help address strategic issues such as how to set pricing, how to determine customer lifetime value, and which promotional offers will drive the most profitable growth. Mu Sigma is headquartered in Chicago with its main delivery center in Bangalore, India.
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