GrayMatter was recently recognized by Inc. Magazine as one of their Inc. 5000 companies.
Warrendale, PA — August 31, 2016 — GrayMatter was recently recognized by Inc. Magazine as one of the fastest growing private companies in America. The Inc. 5000 list honors companies with a rapid revenue growth over a three year period.
GrayMatter, a technology and consulting company that’s dedicated to transforming operations and empowering people, joins an elite group that has included companies such as Microsoft, Vizio, Oracle, Intuit and many more.
With over 60 employees, GrayMatter has grown its team of engineers, automation consultants and leaders by almost 50% in three years — a rate that continues to increase.
It’s an exciting time at GrayMatter as digital transformations in every industry are underway. You can call it the fourth industrial revolution, or the power of the Internet of Things, but the idea of harnessing data from machines and systems has never been more popular. It’s changing the way people think and leading to innovative solutions at GrayMatter as more businesses look to connect their people to machines.
The Industrial Internet of Things (IIoT) market will be worth 151.01 billion USD by 2020, according to market reports for the year. That’s a compound annual growth rate of 8% from 2015 to 2020.
“One of the biggest reasons why we’re growing right now is because we’re picking some great strategic initiatives,” said GrayMatter CEO, James Gillespie. “Initiatives like cyber security for operational technology are really exciting. We’re also pursuing a lot of innovation in the water and wastewater space.”
“One of the enablers for growth is the culture we’ve developed at GrayMatter. We’ve got a vibe going,” said Carson Drake, VP of Manufacturing and a co-founder of the company. “Surrounding yourself with people who are better than you has been part of my philosophy since day one.”