For the 4th Time, IT Authorities Appears on the Inc. 5000 list, with Three-Year Sales Growth of 62%

 

#whatIwishIknew CEO Jason Caras speaks at Inc. 5000 event


NEW YORK, August 17, 2016Inc. magazine today ranked IT Authorities on its 35th annual Inc. 5000, 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. Companies such as Microsoft, Dell, Domino’s Pizza, Pandora, Timberland, LinkedIn, Yelp, Zillow, and many other well-known names gained their first national exposure as honorees of the Inc. 5000.

The 2016 Inc. 5000, unveiled online at Inc.com and with the top 500 companies featured in the September issue of Inc. (available on newsstands August 23) is the most competitive crop in the list’s history. The average company on the list achieved a mind-boggling three-year growth of 433%. The Inc. 5000’s aggregate revenue is $200 billion, and the companies on the list collectively generated 640,000 jobs over the past three years, or about 8% of all jobs created in the entire economy during that period. 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 Inc. 5000 list stands out where it really counts,” says Inc. President and Editor-In-Chief Eric Schurenberg. “It honors real achievement by a founder or a team of them. No one makes the Inc. 5000 without building something great – usually from scratch. That’s one of the hardest things to do in business, as every company founder knows. But without it, free enterprise fails.”

The annual Inc. 5000 event honoring all the companies on the list will be held from October 18 through 20, in San Antonio, TX. Speakers include some of the greatest entrepreneurs of this and past generations, such as best-selling author and strategist Tony Robbins, SoulCycle co-founders Elizabeth Cutler and Julie Rice, Cornerstone OnDemand founder, president and CEO Adam Miller, Marvell Technology Group director and co-founder Weili Dai, and New Belgium Brewing co-founder and executive chair Kim Jordan.

About IT Authorities

Founded in Tampa in 2006, IT Authorities is a Tampa-based Infrastructure Management & Support Organization (IMSO) serving clients throughout the United States. Valuing the power of innovation and motivation when it comes to managing and supporting IT infrastructure, IT Authorities deploys powerful, process-driven solutions to boost productivity, foster innovation, and yield revenue-generating results. IT Authorities optimizes IT infrastructure to successfully cultivate and carry out business objectives with ease. Visit www.itauthorities.com or call toll free 813.246.5100 for more information. 

More about Inc. and the Inc. 500|5000 

Methodology

The 2016 Inc. 5000 is ranked according to percentage revenue growth when comparing 2012 to 2015. To qualify, companies must have been founded and generating revenue by March 31, 2012. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2015. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2012 is $100,000; the minimum for 2015 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/inc5000.

About Inc. Media:

Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders. Winner of the National Magazine Award for General Excellence in both 2014 and 2012. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 15,000,000 today.  For more information, visit www.inc.com.

The Inc. 5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list of the nation’s most successful private companies has become the hallmark of entrepreneurial success. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates their remarkable achievements. The event also offers informative workshops, celebrated keynote speakers, and evening functions.

IT Authorities Named 2016 Florida Companies to Watch Winners

IT Authorities
CEO: Jason Caras
Location: Tampa, FL
Year Founded: 2006
Primary Business: Information Technology
Website: ITAuthorities.com

Tampa, FL – August 26, 2016 – Jason Caras, co-founder of IT Authorities, is a prolific serial entrepreneur who has never known how to give up. Caras started his first company, a painting company, at the age of 15. He grew that painting company to two full-time teams of painters who did their jobs while Caras attended his high school classes. Along the way, he has launched insurance agencies and an insurance company, a telecom company, and two IT companies.

While these companies were not always successful, Caras has always believed that when you fall down, you should make sure you pick something up. “It never crossed my mind to give up and work for someone else,” he said. “Working for someone else was never a long-term solution in my eyes.” Now IT Authorities is growing rapidly, to the tune of 137% growth in 2015. It employs 90 people, and we just moved into new corporate headquarters in Tampa.

Caras attributes the firm’s success to three main factors: focus, people, and processes. “We bought an IT company in 2002 and ran it into ground by 2005 by taking a narrowly focused business and turning into one that tried to be all things to all people,” he said. “We decided to start over but with a militant, disciplined focus on doing one thing and being the best at it.”

In addition to its focus on managed services, IT Authorities also adheres to finely honed and documented processes that allows it to consistently deliver on its service promises. Lastly, Caras credits his co-founder for much of the company’s success. “Jason Pollner is a true genius,” Caras said. “He is the maestro to the orchestra of precision that is our company.”

Caras’s advice to aspiring entrepreneurs is to follow your passion. “Don’t start up a business for the money,” he said. “Find something you are actually passionate about because when you’re passionate, you will live and breathe it. Those who are in it for the money will never be able to do it as well as you then. Have a singular focus on what you can do better than others and document every process possible to allow for duplication of efforts and scalability.”

GrowFL names IT Authorities as a 2016 Florida Company to Watch

IT Authorities is among 50 statewide companies expected to see significant growth over the next several years. IT Authorities was selected from more than 500 nominees for Florida Companies to Watch, a statewide program managed by economic development group GrowFL, in association with the Edward Lowe Foundation.

IT Authorities’s management team, competitive market position and strong community involvement were among several factors that put them in contention for the award.

“These stand-out companies are all led by entrepreneurs, and have demonstrated their capacity and intent to grow,” said Dr. Tom O’Neal, executive director of the Florida Economic Gardening Institute and associate vice president for the University of Central Florida’s Office of Research and Commercialization.  “They also all have critical intellectual property or a niche position that gives them a competitive edge in their markets,” he said.

This is a strong group of companies that deserve this special recognition given annually to the state’s top second stage companies,” said Dr. O’Neal.  Second-stage companies are defined as those with six to 150 full-time employees and between $750,000 and $100 million in annual revenue. There are many programs and incubators promoting start-up businesses; GrowFL is the only Florida program that focuses exclusively on second-stage companies.

The 50 companies named the 2016 Florida Companies to Watch generated a total of more than $1.1 billion in revenue and added nearly 1,200 employees between 2012 and 2015.

Together, the companies project a 30 percent increase in revenue and 33 percent increase in job growth in 2016.

Companies named to the list will be officially recognized November 3rd at the Hard Rock Live, Universal CityWalk, Orlando.

For more information, visit growfl.com/flctw16.

About IT Authorities:

Founded in Tampa in 2006, IT Authorities is a Tampa-based Infrastructure Management & Support Organization (IMSO) serving clients throughout the United States. Valuing the power of innovation and motivation when it comes to managing and supporting IT infrastructure, IT Authorities deploys powerful, process-driven solutions to boost productivity, foster innovation, and yield revenue-generating results. IT Authorities optimizes IT infrastructure to successfully cultivate and carry out business objectives with ease. Visit itauthorities.com or call toll free 813.246.5100 for more information.

More About GrowFL:

GrowFL provides strategies, resources and support, including strategic research and peer-to-peer CEO mentoring and leadership development, to second-stage Florida companies. Created by the Florida legislature in 2009 and grounded in the philosophy of Economic Gardening® —  growing existing businesses in a community, region or state — GrowFL is a critical component of the state’s economic development strategy and Florida’s entrepreneurial ecosystem.  GrowFL is certified by the National Center for Economic Gardening through the Edward Lowe Foundation.  Website: growfl.com

About the Edward Lowe Foundation:

Established in 1985, the Edward Lowe Foundation is a national, nonprofit organization that supports entrepreneurship through research, recognition and educational programs, which are delivered through entrepreneur support organizations (ESOs).  The foundation focuses on second-stage companies — those that have moved beyond the startup phase and seek significant, steady growth. In addition, the foundation has a second mission of land stewardship and is committed to preserving the natural resources and historically significant structures at Big Rock Valley, its 2,600-acre home in southwest Michigan.