phx-IT Ranks No. 3145 on the 2022 Inc. 5000, With Three-Year Revenue Growth of 170% Percent
Inc. Magazine Reveals Annual List of America’s Fastest-Growing Private Companies—the Inc. 5000
NEW YORK, August 16, 2022 – Inc. magazine today revealed that phx-IT is No. 3145 on its annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses. Intuit, Zappos, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
Founder and CEO of phx-IT, Nathan Phillips commented, “Our focus on recovering organizations from cyber attacks over the past four years has led us to new opportunities internationally. We’ve observed in great detail the methods that bad actors will utilize to attack even the most prepared organizations. The experience we’ve gained providing ransomware containment and recovery services has given us a tremendous amount of insight into this new landscape which has led to a better security posture for our existing client base.”
Not only have the companies on the 2022 Inc. 5000 been very competitive within their markets, but this year’s list also proved especially resilient and flexible given 2021’s challenges. Among the 5,000, the average median three-year growth rate soared to 543 percent, and median revenue reached $11.1 million. Together, those companies added more than 610,000 jobs over the past three years.
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000. The top 500 companies are featured in the September issue of Inc., which will be available on newsstands on August 20.
“The 2022 Inc. 5000 list feels like one of the most important rosters of companies ever compiled,” says Scott Omelianuk, editor-in-chief of Inc. “Building one of the fastest-growing companies in America in any year is a remarkable achievement. Building one in the crisis we’ve lived through is just plain amazing. This kind of accomplishment comes with hard work, smart pivots, great leadership, and the help of a whole lot of people.”
phx-IT is a full-service IT company providing industry-leading cyber security prevention and incident response nationwide as well as both IT and Project Management solutions. Founded in 2003 by Nathan Phillips, phx-IT has continued to grow by focusing on the needs of their customers by providing best-in-class technical know-how with unparalleled customer service.
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The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including web sites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Vision Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.
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