Fairfax County tech companies again dominate Virginia Chamber’s “Fantastic 50” list of fast-growing firms
Fairfax County, Virginia – For the second consecutive year,Fairfax County companies dominated the list of “Fantastic 50” firms with 19 technology-focused firms recognized for their growth by the Virginia Chamber of Commerce.
The chamber honored the fast-growing companies at a May 2 awards banquet at the Westfields Marriott in Chantilly. The Fairfax County Economic Development Authority (FCEDA) sponsored the event. The list also is spotlighted by Virginia Business magazine.
This is the 24thannual iteration of the Fantastic 50 list. To be eligible for recognition, a company must be privately held, headquartered in Virginia, and show revenues between $200,000 and $200 million. Companies were judged on revenue history from 2014 through 2017 with entries verified by professional services firm Dixon Hughes Goodman.
In addition to ranking as the seventh-fastest growing firm overall, World Services LLC, located in the Kingstowne area of Fairfax County, received a Vanguard Award for the highest revenue growth rate among technology firms.
“It’s about our people and our culture,” said Shueyb Ali, World Services, president and CEO after accepting the award. “IT modernization has probably been our biggest (development area). We’re taking our clients’ legacy systems and bringing them to the cloud.”
Joining the top 25 were No.11 Savan Group (Tysons), No.14 DayBlink Consulting (Tysons), No.15 Axiologic Solutions LLC(Fairfax), No.20 CVP(Fairfax), No.21 DIGITALSPEC LLC (Fairfax), No.22 Artemis Consulting (Tysons), No.23 Nationwide IT Services (Fairfax).
Other Fairfax County “Fantastic 50” honorees were: No.28 Criterion Systems (Tysons), No. 34 ValidaTek Inc. (Tysons), No.37 TENICA and Associates LLC (Chantilly), No.38 Karsun Solutions (Herndon), No.45 Validation Associates LLC (Herndon), No.47 MicroHealth LLC (Tysons), No.48 Concept Plus LLC (Fairfax), No.49 E3 Federal Solutions/Sentinel (Tysons).
All but one of the firms in the rankings this year were service or IT-related companies, reflecting Virginia’s growth in technology.
“Having 19 companies on the Fantastic 50 list indicates once again that Fairfax County has the kind of workforce and the markets that firms can take advantage of to expand quickly, particularly companies in our key technology sectors,” said Catherine W. Riley, interim president and CEO of the FCEDA. “We appreciate the opportunity to help the Virginia Chamber highlight firms that have chosen to start and grow here.”
Business growth and innovation help Fairfax County fund the nation’s top-rated school system and other public services that contribute to the quality of life of residents. Fairfax County offers businesses a state-of-the-art infrastructure, access to global markets through Washington Dulles International Airport, a vibrant investment capital community and a highly skilled, well-educated workforce.
The award-winning Fairfax County Economic Development Authority promotes Fairfax County as a business and technology center. The FCEDA offers site location and business development assistance, and connections with county and state government agencies, to help companies locate and expand in Fairfax County. In addition to its headquarters in Tysons, Fairfax County’s largest business district, the FCEDA maintains marketing offices in six important global business centers: Bangalore, Berlin, London, Los Angeles, Seoul and Tel Aviv. Follow the FCEDA on Facebook, Twitter, LinkedIn and Instagram.