Wavicle Data Solutions Named to Inc. Magazine’s Inc. 5000 Series: Midwest List of Fastest Growing Private Companies

Chicago-based Wavicle Data Solutions, a leading data analytics firm offering cloud migration services and data management consulting, has been named to the 2021 Inc. 5000 Regionals: Midwest list of the fastest-growing private companies. The achievement recognizes Wavicle’s two-year revenue growth, earning them the number 72 spot on the list and making the top 100 for the second year in a row.

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“Making this list of fastest growing companies in the Midwest is an incredible achievement in an ordinary year, but to be recognized after the challenges the country and our customers faced in 2020, it just underscores the dedication of our people and foresight of our customers to continue to invest in data analytics,” stated Naveen Venkatapathi, president of Wavicle Data Solutions. “We will continue to pull together as a team to build on our track record of growth, delivering profound client value along the way.”

The companies on this list show stunning rates of growth across all industries in the 12 Midwest states. Between 2017 and 2019, these 250 private companies had an average growth rate of 199 percent and, in 2019 alone, they employed more than 43,000 people and added more than $11 billion to the Midwest economy. Companies based in the Chicago, Detroit, and Cincinnati areas brought in the highest revenue overall.

“This list proves the power of companies in Midwest states 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.”

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Wavicle continues to expand its catalog of achievements and milestones coming off of an award winning 2020 that included being named a Chicago Tribune Top Workplace and two years in a row making the national Inc. 500 list. The company also increased it’s client roster by 50 percent in 2020 and recently hosted “Accelerate 2021: Data Analytics Summit,” a virtual event featuring Wavicle Data Solutions and several of it’s leading partners and clients.