Sigmoid Ranks No. 16 on Inc. Magazine’s List of the Fastest-Growing Private Companies in the New York City Metro Region

By prweb On Mar 22, 2021

Sigmoid, a strategic data and analytics partner to the world’s largest data producers, announced that it ranked 16th on Inc. 5000 Regionals: New York City Metro list, the most prestigious ranking of the fastest-growing New York City area-based private companies. Born of the annual Inc. 5000 franchise, this regional list represents a unique look at the most successful companies within the NYC area economy’s most dynamic segment—its independent small businesses.

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I would like to credit this achievement to our success in artificial intelligence and machine learning solutions which are driven by our robust data engineering strategies – Lokesh Anand (Co-Founder and CEO, Sigmoid)

“It is an honor to be named to Inc. Magazine’s prestigious list of the most successful companies in the New York metro area. I would like to credit this achievement to our success in artificial intelligence and machine learning solutions which are driven by our robust data engineering strategies. Earning a top place in this list has also been possible because of the trust shown by our customers and resilient teams who helped us achieve growth even during the challenging times of the pandemic” said Lokesh Anand, Co-Founder and CEO of Sigmoid.

Sigmoid’s customers include Fortune 500 companies across the CPG, retail, BFSI, and Technology sectors, who have leveraged Sigmoid’s data engineering and data science capabilities across specialized focus areas such as MLOps, cloud migration, personalized promotions, multi-touch attribution, supply chain analytics and more. “In these challenging times we also want to do our best by equipping organizations with data driven insights, that in turn serve humanity at large as we transition to the new normal”, added Lokesh.

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The companies on this year’s Inc. Magazine’s list shows stunning rates of growth across all industries in the New York City area. Between 2017 and 2019, these 250 private companies had an average growth rate of 214% and, in 2019 alone, they employed more than 48,000 people and added nearly $9 billion to the NYC Metro area economy. In relation to this, Sigmoid’s growth in this period was 3.6X higher. Companies based in Stamford, Connecticut, New York City, and central New Jersey brought in the highest revenue overall.

“This list proves the power of companies in the New York City area no matter the industry,” says Inc. editor-in-chief Scott Omelianuk. “The impressive revenues and growth rates prove the insight and diligence of CEOs and that these businesses are here to stay.”